IRCTC IPO Allotment Status – Price, Listing Date, GMP, Subscription

IRCTC IPO Allotment Status: The initial public offer (IPO) of Indian Railway Catering and Tourism Corporation (IRCTC) attracted huge demand among investors. IRCTC IPO is already closed for subscription on 3 October 2019 is a part of the government’s ambitious divestment program.

According to a red herring prospectus, the government plans to raise Rs 638 crore by selling nearly 2 crore shares at Rs 315 to 320 through IRCTC IPO.

irctc ipo
IRCTC IPO

As per the NSE data, this is the first time ever that an IPO of a public sector undertaking has been subscribed more than 112 times, which means the company got bits worth Rs 72,200 crore.

IRCTC IPO Allotment Status

IRCTC is a Central Public Sector Enterprise is owned by the Government of India and officially controlled by the Ministry of Railways.

In September 1999, the company was incorporated with the objective to provide professionalize catering, managing hospitality services, promote international and domestic tourism through public private participation.

Procedure to Check IRCTC IPO Allotment Status

  • Select the IPO issue type, issue name, application number, and PAN number.
irctc ipo allotment status
  • Once you enter all required details tap on the search button.
  • That’s it, in the next screen, you will see the status of your IRCTC IPO allotment.

IRCTC Share Live: IRCTC Share Price, Live BSE/NSE Stock Price Today, Buy/Sell IRCTC

IRCTC IPO Details

IPO Issue PeriodSep 30 – Oct 03
Issue Price BandRs 315 – 320 Per Equity Shares
Issue TypeBook Built Issue IPO
Market Lot40 Shares
Min Order Qty.40 Shares
Total IPO Size635.04 Cr
No. of Offer Shares2,01,60,000
Face ValueRs. 10 Per Equity Shares
Listing AtBSE, NSE
No of Times Subscribed111.95

About Indian Railway Catering & Tourism Corporation Ltd

IRCTC official website is one of the most transacted website in Asia. As of 31st August 2019, nearly 1.4 million people traveled with Indian Railways and more around 73 percent of tickets are booked online through the official IRCTC website.

Currently, the company operates majorly in four segments which are catering serving, online ticket booking, packed drinking water, and travel & tourism. Where catering services is the largest contribution to the IRCTC revenue.

In 2018 the company also launched the i-Pay payment gateway to manage domestic transactions made through debit cards and credit cards.

Frequently Asked Questions

Where to check IRCTC IPO allotment status?

The IRCTC IPO allotment is expected on Oct 9, 2019. You simply need to click the IRCTC IPO Allotment Status button to check the allotment.

How do I check my IRCTC IPO Allotment Status?

IRCTC IPO allotment status is made available on this webpage as soon as the IPO Registrar makes the allotment public.

When is IRCTC IPO allotment expected?

As per the report, IPO allotment status will be available on Oct 9, 2019.

Why I didn’t get allotment in IRCTC IPO?

There are so many reasons you didn’t get allotment such as IPO to become oversubscribed, the application got rejected or the issue price is higher than the bid price.

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