IPO

Ircon International Ltd IPO

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Initial public offering of 9,905,157 equity shares of face value of Rs. 10 each (equity shares) of Ircon International Limited (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. 475 per equity share ((including a share premium of Rs. 465 per equity share) (the offer price), aggregating to Rs. 466.94# Crores (the offer). The offer includes a reservation of up to 500,000 equity shares for subscription by eligible employees (as defined herein) (employee reservation portion). The offer less employee reservation portion is referred to as the net offer. The offer and the net offer shall constitute 10.53% and 10.00% respectively, of the post offer paid-up equity share capital of the company. *Retail Discount of Rs. 10 per Equity Share on the Offer Price was offered to the Retail Individual Bidders and Employee Discount of Rs. 10 per Equity Share on the Offer Price was offered to the Eligible Employees Bidding in the Employee Reservation Portion. #Subject to finalization of Basis of Allotment The face value of the equity shares is Rs. 10 each. The offer price is 47.5 times the face value of the equity shares.

Ircon International Ltd IPO Subscription Details

Company

Ircon International Ltd

Issue Type

(Book Built Portion)

Open Date

17 Sep

Close Date

19 Sep

Offer Price

475.00

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  • Login to your 5paisa Mobile Trading App and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a notification to block funds in your UPI app
  • Approve the block request

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Contact Details of Ircon International Ltd IPO

Company Contact Information

Ircon International Ltd IPO
Plot No C-4,
District Centre Saket,
New Delhi, New Delhi 110017.

Phone: 91-11-29565666
Email: info@ircon.org

Ircon International Ltd IPO Register

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Ircon International Ltd IPO Lead Manager(s)

  • Axis Capital Ltd
  • IDBI Capital Markets & Securities Ltd
  • SBI Capital Markets Ltd

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