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. 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.
IRCTC IPO Review:
- Must Apply
IRCTC IPO Dates & Price Band: (Tentative)
- IPO Open: 30-September-2019
- IPO Close: 03-October-2019
- IPO Size: Approx Rs.645 Crore (Approx)
- Face Value: Rs.10 Per Equity Share
- Price Band: Rs.315 to Rs.320 Per Share
- Listing on: BSE & NSE
- Equity: 2,01,60,000 Shares
- Discount: Rs.10 for Retail & Employees
- Allocation: QIB: 50%, HNI: 15%, Retail: 35%
IRCTC IPO Market Lot:
- Shares: Apply for 40 Shares (Minimum Lot Size)
- Amount: Rs.12,400 for Retail & Employee
- Amount: Rs.12,800 for QIB & HNI
IRCTC IPO Allotment & Listing:
- Basis of Allotment: - 09-October-2019
- Refunds: - 10-October-2019
- Credit to demat accounts:- 11-October-2019
- Listing:- 14-October-2019
| IRCTC's consolidated financial performance (in INR crore) | ||||||
| FY2017 | FY2018 | FY2019 | ||||
| Total revenues | 1,602.9 | 1,569.6 | 1,956.7 | |||
| Total expenses | 1,247.8 | 1,223.9 | 1,526.7 | |||
| Comprehensive income | 231.1 | 224.8 | 272.9 | |||
| Net margin (%) | 14.4 | 14.3 | 13.9 | |||
IRCTC IPO Registrar:
Alankit Assignments Limited
205–208, Anarkali Complex
Jhandewalan Extension
New Delhi 110 055
Delhi, India
Tel:011 42541954/933/ 022 4348 1293
E-mail: kamalarora@alankit.com/ abhijitd@alankit.com
Investor grievance E-mail: irctcigr@alankit.com
Website: www.alankit.com
Contact Person: Kamal Arora/ Abhijit Deb/ Virender Sharma
Note: Check IRCTC ipo allotment status on Alankit website allotment url. Click Here
IRCTC IPO Lead Managers:
- IDBI Capital Markets & Securities Limited
- SBI Capital Markets Limited
- YES Securities (India) Limited
Company Address:
Indian Railway Catering and Tourism Corporation Ltd.
11th Floor, B-148, Statesman House, Barakhamba Road, New Delhi - 110001
Delhi, India
Contact Person: Suman Kalra, Company Secretary and Compliance Officer;
Telephone: +91 11 2331 1263 /64
E-mail: ipo@irctc.com
Website: www.irctc.com
