IRCTC IPO Dates, Review, Price, IPO Allotment Details & Market Lot

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