Indian Railway Catering & Tourism Corporation Ltd IPO

Closed

Subscription Details

  • Open Date 30 Sep
  • Close Date 03 Oct
  • Lot Size 40
  • IPO Size ₹ 637.97 Cr
  • IPO Price Range ₹ 320
  • Min Investment ₹ 12800

Indian Railway Catering & Tourism Corporation Ltd IPO Timeline

Open Date
30 Sep
Close Date
03 Oct
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

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.

How to apply for an IPO?

  • Login to your 5paisa account 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 mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Indian Railway Catering & Tourism Corporation Ltd IPO

Contact Information

Address

11th Floor B-148,
Statesman House Barakhamba Rd,
New Delhi, New Delhi 110001

Indian Railway Catering & Tourism Corporation Ltd IPO Lead Manager

IDBI Capital Markets & Securities LtdSBI Capital Markets LtdYES Securities (India) Ltd
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