IRCON International ltd IPO Details & Allotment Status ~ IPO Only

IRCON International ltd(Govt. of India Undertaking) to hit the market on 17 September 2018. The company is a PSU company promoted by The President of India acting through Ministry of Railways. IRCON has been doing well as the financial results. The company posted 398 crore PAT in 2017 which is 10% increase compare to 2016 which was 362 crore but still when we see the earlier years it was on a higher side. In 2013 the PAT was 805 crore while it was 747 crore in 2014 and 570 crore in 2015 as well. Lets see how IRCON will get the response from the investors. RITES was a good PSU ipo in last few years and performed well.

IRCON International's financial performance (in INR crore)
	FY2013	FY2014	FY2015	FY2016	FY2017	FY2018
Total revenues	4,543.2	4,150.8	3,232.5	2,908.6	3,301.3	4,212.4
Total expenses	3,453.2	3,053.4	2,390.1	2,302.5	2,824.9	3,659.2
Profit after tax	804.9	747.0	570.1	362.4	397.7	413.0
Net margin (%)	17.7	18.0	17.6	12.5	12.1	9.8

IRCON IPO grey market premium day by day with kostak rates.

Grey market premium as on today is Rs.40-50, Kostak Rs.300 & Subject to Sauda is N/A
Grey market premium as on 07-09-2018 is N/A, Kostak N/A & Subject to Sauda is N/A
Grey market premium as on 06-09-2018 is N/A, Kostak N/A & Subject to Sauda is N/A
Grey market premium as on 05-09-2018 is N/A, Kostak N/A & Subject to Sauda is N/A

IRCON IPO Dates & Price Band:

IPO Open: 17-September-2018
IPO Close: 19-September-2018
IPO Size: Approx Rs. 470 Crore (Approx)
Face Value: Rs.10 Per Equity Share
Price Band: Rs. 470 to 475 Per Share
Listing on: BSE & NSE
Retail Portion: 35%
Equity: 99,05,157 Shares
Discount: Rs.10 (Retail & Employees)

IRCON IPO Market Lot:

Shares: Apply for 30 Shares (Minimum Lot Size)
Amount: Rs. 13,950 (For RII & EMP)
Amount: Rs. 14,250 (For QIB & HNI)

IRCON IPO Allotment & Listing:

Basis of Allotment: 25-September-2018
Refunds: 26-September-2018
Credit to demat accounts: 26-September-2018
Listing: 28-September-2018

IRCON IPO Subscription Numbers (Fully Subscribed)

Category	Day 1	Day 2	Day 3
QIB	0.00	0.01	12.29
HNI	0.04	0.19	4.92
RII	0.86	2.96	9.66
EMP	0.02	0.11	0.36
Total	0.29	1.02	9.77

IRCON IPO Allotment Status: Click here

IRCON International Contact Details

IRCON International Limited

Plot no. C - 4

District Centre, Saket

New Delhi - 110017

Phone: +91 11 2956 5666

Fax: +91 11 2652 2000

Email: cosecy@ircon.org

Website: www.ircon.org

Registrar of IRCON International IPO

Karvy Computershare Private Limited

Karvy Selenium Tower B, Plot 31-32,

Gachibowli, Nanakramguda,

Hyderabad – 500 032, Telangana

Phone: +91 40 6716 2222

Fax: +91 40 2343 1551

Email: einward.ris@karvy.com

Website: www.karvycomputershare.com

IRCON International ltd IPO Reviews

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