IRCTC Limited
ListedMainboardIndustrial & Financial Services · NSE / BSE
Indian Railway Catering and Tourism Corporation Limited (IRCTC), established in 1999, is a government-owned company and a fully-owned subsidiary of Indian Railways. It is responsible for managing catering, tourism, online ticketing, and the supply of packaged drinking water on trains and at railway stations across India. In 2008, it was recognized as a Mini-Ratna (Category-I) Public Sector Enterprise by the Government of India. IRCTC’s official website, www.irctc.co.in, is one of the most visited websites in the Asia-Pacific region. As of August 31, 2019, around 1.40 million people traveled daily on Indian Railways, with over 840,000 passengers booking tickets online through IRCTC’s website and mobile app. Between April and June, the platform handled approximately 15 to 18 million transactions per month. In October 2018, IRCTC introduced i-Pay, its own payment gateway, to manage domestic debit and credit card transactions, with plans to expand its use in other sectors. The company also offers non-railway services like budget hotels, e-catering, and executive lounges to enhance customer convenience. IRCTC mainly operates in four key areas: travel and tourism, packaged drinking water, catering services, and internet ticketing. It provides tour packages by rail, road, air, and cruise, along with hotel and flight bookings. It also manufactures and supplies bottled water under the Rail Neer brand, offers onboard and station-based catering, and facilitates online ticket booking through its website and Rail Connect mobile app.
Price Band
₹315 – ₹320
Issue Size
₹645 Cr
Lot Size
40 shares
GMP
—
Est. Listing
₹320
at current GMP
Subscribed
—
Open
30 Sep 2019
Close
3 Oct 2019
Allotment
10 Oct 2019
Refund
11 Oct 2019
Demat Credit
12 Oct 2019
Listing
14 Oct 2019
Last updated 12 days ago
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 10,080,000 | — | 0.00x |
| Non-Institutional (NII / HNI) | 3,024,000 | — | 0.00x |
| Retail Individual (RII) | 7,056,000 | — | 0.00x |
| Total | 20,160,000 | 0 | 0.00x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 176,400 | 176,400 | 1.00x |
| HNIs (10L +) | 1,128 | 1,128 | 1.00x |
| HNIs (2-10L) | 5,400 | 5,400 | 1.00x |
| Total Applications | 182,928 | 182,928 | 1.00x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About IRCTC Limited Public Issue & Market Profile
IRCTC Limited is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹645.12 Crores. The shares are offered at a price band of ₹315 to ₹320 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Bidding & Quota Instructions:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Allotment Reconciliation Schedule:
Following the close of bidding on 2019-10-03, the basis of allotment is scheduled to be finalized on 2019-10-10. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Alankit Assignments Ltd) or the BSE allotment checking window.
Frequently Asked Questions
What is IRCTC Limited IPO GMP today?
Currently, IRCTC Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹315 to ₹320 per equity share.
What is the expected profit per lot for IRCTC Limited IPO?
The retail lot size is 40 shares requiring a minimum application amount of ₹12,800. Expected listing price is ₹320 per equity share.
What is the issue size and price band for IRCTC Limited IPO?
The IRCTC Limited IPO aggregate issue size is ₹645.12 Crores with an equity price band set at ₹315 to ₹320 per equity share. The retail lot size is 40 shares requiring a minimum capital outlay of approx. ₹12,800.
How can I check IRCTC Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
Where and when will IRCTC Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Alankit Assignments Ltd) and the BSE status verification website on or around 2019-10-10. Investors can verify status using PAN card or application number.
When is the listing date for IRCTC Limited IPO?
IRCTC Limited shares are scheduled to list on NSE and BSE on 2019-10-14.