Nse New Ipo Listing Today

Nse new ipo listing today

IRCTC IPO description – IRCTC Limited (Indian Railway Catering And Tourism Corporation Limited) was incorporated with the objective to upgrade, modernize and professionalize catering and hospitality services, managing hospitality services at railway stations, on trains and other locations and to promote international and domestic tourism in India through public-private participation.

Nse new ipo listing today

The company was conferred the status of Mini – ratna (Category-I Public Sector Enterprise) by the Government of India, on 1 May 2008.

The company is the only entity authorized by Indian Railways to provide catering services to railways, online railway tickets and packaged drinking water at railway stations and trains in India. It operates one of the most transacted websites, www.irctc.co.in, in the Asia-Pacific region with transaction volume averaging 15 to 18 million transactions per month during the three months ended 30 June 2019.

The company operates in four business segments – (i) Internet Ticketing, (ii) Catering, (iii) Packaged Drinking Water under the “Rail Neer” brand, (iv) Travel And Tourism.

Promoters of IRCTC – The President of India acting through the Ministry of Railways, Government of India
IRCTC IPO details
Subscription Dates30 September – 3 October 2019
Price BandINR315 – 320 per share (retail discount – INR10 per share)
Fresh issueNil
Offer For Sale20,160,000 shares (INR627.88 – 637.96 crore)
Total IPO size20,160,000 shares (INR627.88 – 637.96 crore)
Minimum bid (lot size)40 shares
Face Value INR10 per share
Retail Allocation35%
Listing OnNSE, BSE
IRCTC’s consolidated financial performance (in INR crore)
FY2017FY2018FY2019
Revenue1,602.91,569.61,956.7
Expenses1,247.81,223.91,526.7
Net income231.1224.8272.9
Net margin (%)14.414.313.9
More about IRCTC Limited
IRCTC Contact Details

Indian Railway Catering and Tourism Corporation Limited
11th Floor, B – 148, Statesman House
Barakhamba Road
New Delhi – 110 001, Delhi Phone: +91 11 2331 1263
Email:[email protected]
Website: www.irctc.com

Registrar of IRCTC IPO

Alankit Assignments Limited
205-208, Anarkali Complex,
Jhandewalan Extension
New Delhi – 110 055 Phone: +91 11 4254 1234
Fax: +91 11 4154 3474
Email: [email protected]
Website: www.alankit.com

Valuation of IRCTC (as of FY2019)

Earnings Per Share (EPS): INR17.04

Price/Earnings (PE ratio): 18.48 – 18.77

Return on Net Worth (RONW): 26.14%

Net Asset Value (NAV): INR65.18 per share

IRCTC IPO Subscription Details
CategoryShares offeredSubscription (no.

Multibagger stocks in 2018 -- New ipo listing on NSE -- Stockjio

of times,at 8 PM)

Day 1Day 2Day 3
QIB10,000,0000.001.65108.79
NII3,000,0000.211.73354.51
Retail7,000,0002.226.2114.90
Employees160,0001.142.645.84
Total20,160,0000.813.25111.93
IRCTC IPO Analyst Reviews 

Anand Rathi – Subscribe

Angel Broking – Subscribe

ICICIdirect – Subscribe

Cholamandalam Securities – Subscribe

Stewart & Mackertich – Subscribe

SMC Global – 3/5

IRCTC IPO Allotment Status

IRCTC Limited IPO allotment status is now available on Alankit Assignments’ website.

Click on this linkto get allotment status.

Listing Performance of IRCTC Limited 

IPO Opening Date: 30 September 2019

IPO Closing Date: 3 October 2019

Finalisation of Basis of Allotment: 9 October 2019

Initiation of refunds: 10 October 2019

Transfer of shares to demat accounts: 11 October 2019

Listing Date: 14 October 2019

Opening Price on NSE: INR626 per share (up 101.9% from IPO price for retail investors)

Closing Price on NSE: INR727.75 per share (up 134.8% from IPO price for retail investors)

Nse new ipo listing today