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Indian Railway Catering & Tourism Corporation Ltd IPO

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Initial Public Offering of 20,160,000 equity shares of face value of Rs.10 each (equity shares) of Indian Railway Catering and Toursim Corporation Limited (IRCTC) (the company or the issuer) through an offer for sale by the President of India, acting through the Ministry of Railways, Government of India (the selling shareholder), for cash at a price of Rs. 320.00* per equity share (including a share premium of Rs. 310 per equity share) (the offer price), aggregating to Rs. 637.96# Crores (the offer). The offer comprises of a net offer (defined Below) of 20,000,000 equity shares and employee reservation portion (defined below) of 160,000 equity shares. The offer less employee reservation portion is referred to as the net offer. The offer and the net offer shall constitute 12.60% and 12.50%, respectively of the Post-offer paid-up equity share capital of the company. The face value of the equity shares is Rs.10 each. The offer price is 32 times the face value of the equity shares. *Retail Discount of Rs. 10 per Equity Share to the Offer Price was offered to the Retail Individual Bidders and Employee Discount of Rs. 10 per Equity Share to the Offer Price was offered to the Eligible Employees Bidding in the Employee Reservation Portion. #Subject to finalization of the Basis of Allotment.

Indian Railway Catering & Tourism Corporation Ltd IPO Subscription Details

Company

Indian Railway Catering & Tourism Corporation Ltd

Issue Type

(Book Built Portion)

Open Date

30 Sep

Close Date

03 Oct

Offer Price

320.00

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Contact Details of Indian Railway Catering & Tourism Corporation Ltd IPO

Company Contact Information

Indian Railway Catering & Tourism Corporation Ltd IPO
11th Floor B-148,
Statesman House Barakhamba Rd,
New Delhi, New Delhi 110001.

Phone: 91-011-23311263-64
Email: companysecretary@irctc.com

Indian Railway Catering & Tourism Corporation Ltd IPO Register

Alankit Assignments Ltd

Indian Railway Catering & Tourism Corporation Ltd IPO Lead Manager(s)

  • IDBI Capital Markets & Securities Ltd
  • SBI Capital Markets Ltd
  • YES Securities (India) Ltd

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