IRCTC IPO – Should We Subscribe?
Comments 0 509 Views

IRCTC IPO – Should We Subscribe?

The initial public offer (IPO) of state-owned Indian Railway Catering and Tourism Corporation (IRCTC) now open for subscription today, September 30, and had been subscribed 76% a few hours after it opened today

KEY BENEFITS:

  • Retail investors applying for IRCTC shares get a discount of ₹10 per share
  • The maximum number of IRCTC shares retail investors can bid in this IPO is 640 or 16 lots

KEY DETAILS:

Issue Open Sep 30, 2019 – Oct 3, 2019

 Issue Type Book Built Issue IPO

 Issue Size 20,160,000 Eq Shares of ₹10 

(aggregating up to ₹645.12 Cr)

 Offer for Sale 20,160,000 Eq Shares of ₹10 

(aggregating up to ₹[.] Cr)

 Face Value: ₹10 Per Equity Share

 Issue Price: ₹315 – ₹320 Per Equity Share

 Market Lot; 40 Shares

 Min Order Quantity: 40 Shares

 Listing At BSE, NSE

Overall a good IPO to invest, one must subscribe without fail and returns guaranteed on allotment. Subscription ends on October 3, 2019. hence 2 more days available to subscribe.

Ravi EQS Ratings: 9.5*/10*

Previous EQS ePapers
Next Seniors Citizen Investments

You might also like

Aster DM Healthcare Ltd

Subscription starting from 12th Feb 2018 to 15th Feb 2018 Aster DM Health Care Ltd is the private healthcare service provider headquartered at Kochi, Kerala, India which has its operations

IPO Reviews

This Information is Published Daily, here below is the sample content, hence we have developed an Android App for Friendly access of this information, please install for the same from

0 Comments

No Comments Yet!

You can be first to comment this post!

Leave a Reply