IRCTC IPO is a Indian Railway Catering and Tourism Corp IPO. Indian Railways has authorized the IRCTC to provide packaged drinking water at railway stations and trains in India as well as catering services to the railways, online train tickets and is the only in India. IRCTC is 100% owned subsidiary of Indian Railways before ipo listing.
IRCTC mainly offers services like Internet ticketing , Catering , Catering Services, Packaged Drinking Water and Travel & tourism.
- Online Ticketing
About 12.4% of topline business comes from Internet ticketing. The customer can use the internet via WiFi, GPRS or SMS to book train tickets as well as check the train status and PNR status directly via just one SMS
- Catering
About 52.9% revenues comes from catering. IRCTC provides very good quality meals to its passengers. IRCTC brought pantry cars in medium and long distance trains so that passengers could get cooked food quickly and hot. The IRCTC also provides food service from the shop on the platform.
Packaged Drinking Water
IRCTC also produces packaged drinking water and only IRCTC can distribute packed drinking water to Indian Railways.
- Travel and Tourism
About 23.8% revenues comes from to travel and tourism. IRCTC organizes Deluxe Tours packages for tourists from home and abroad. Special luxury trains like IRCTC Buddhist Circuit Train and Maharaj’s Express and their luxury tourism packages are popular in Tourist.
Key Points
- Government Owned company.
- Authorized by Indian railways to provide services.
- Huge setups
- Zero Competition.
IRCTC IPO Issue Details
| Issue | Details |
|---|---|
| Name | IRCTC |
| Issue Opens | 30-Sep-19 |
| Issue Closes | 3-Oct-19 |
| Issue Size (₹ crore) | ₹ 635-645 |
| Price Band (₹ per share) | ₹ 315-320 |
| Face Value | ₹ 10 |
| Fresh Issue (at upper band) | 500 crore |
| No. of shares on offer (crore) | 2.0 crores |
| QIB (%) | 50 |
| Retail (%) | 35 |
| Non-Institutional (%) | 15 |
| Minimum lot size (no of shares) | 40 Shares |
| Discount for employees and retail | *₹10 discount |
Shareholding Pattern (%)
| | Pre-Issue | Post-Issue |
|---|---|---|
| Promoter Group | 100.0% | 87.4% |
| Public/Other | 0.0% | 12.6% |
IRCTC Financial Details (INR crore)
| ₹ crore | FY17 | FY18 | FY19 |
|---|---|---|---|
| Total Income | 1535.4 | 1470.5 | 1867.9 |
| Profit After Tax | 229.1 | 220.6 | 272.6 |
| EPS (₹) | 14.3 | 13.8 | 17.0 |
| EBITDA | 312.6 | 273.1 | 372.2 |
| Total Assets | 878.7 | 1,044.2 | 1,109.5 |
| Total liabilities and Equity | 878.7 | 1,044.2 | 1,109.5 |
IRCTC Company Contact Information
| Contact Details | Registrar |
|---|---|
| Indian Railway Catering and Tourism Corporation Limited 11th Floor, B – 148, Statesman House Barakhamba Road New Delhi – 110001 | Alankit Assignments Limited 205-208, Anarkali Complex, Jhandewalan Extension New Delhi – 110 055 |
| Phone: +91 11 2331 1263 | Phone: +91 11 4254 1234 Fax: +91 11 4154 3474 |
| Email: [email protected] | Email: [email protected] |
| Website: www.irctc.com | Website: www.alankit.com |
Listing Time Table of IRCTC IPO
- IPO Opening Date: 30 Sep 2019
- IPO Closing Date: 3 Oct 2019
- Final Allotment: 9 Oct 2019
- Refunds: 10 Oct 2019
- Transfer of shares to Demat accounts: 11 Oct 2019
- Listing Date: 14 Oct 2019
Listing Day IRCTC Performance.
| NSE | BSE | |
|---|---|---|
| Listing Date | 30 Sep 2019 | 3 Oct 2019 |
| IPO Price | ₹ 320 | ₹ 320 |
| Open | 626 | 644 |
| High | 743.80 | 743.80 |
| low | 625 | 625 |
| Close | 727.75 | 728.80 |
| Volume | 45 M | 5.30 M |
| Listing Day P/L | +127.45% | +127.75% |
Analyst Reviews.
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Subscription Details
Subscriptions (No. of times, 03 Oct at 11:15 PM)
| Category | Offered Shares | DAY 1 | DAY 2 | DAY 3 |
|---|---|---|---|---|
| QIB | 1,00,00,000 | 0.00x | 1.65x | 108.79x |
| NII | 30,00,000 | 0.21x | 1.73x | 354.52x |
| Retail | 70,00,000 | 2.23x | 6.21x | 14.94x |
| Total | 2,01,60,000 | 0.81x | 3.25x | 111.95x |
IRCTC IPO Lead Managers & Company Promoters
| Lead Managers | Board of Directors |
|---|---|
| IDBI Capital Markets & Securities Limited | Chairman & Managing Director: Shri Mahendra Pratap Mall |
| SBI Capital Markets Limited | Government Director: Shri. Neeraj Sharma Shri. Vinay Srivastava |
| YES Securities (India) Limited | Independent Director: Shri C.R.Sundaramurti Shri. Prof. Sachin Chaturvedi Ms. Sarita Deshpande |
FAQs for IRCTC IPO
What is IRCTC IPO?
IRCTC IPO is a Main board IPO. Total number of 2,01,60,000 shares offered through public issue. Offers price is Rs.315 to Rs.320. Investor can apply between 1 lot (40 share in 1 lot) up-to 15 lots(600 shares).
How do I apply for the IRCTC IPO?
Anyone having demat account are eligible for IRCTC IPO application. There are two method available for application.
ASBA Payment Method : The net-banking facility available for online IPO application.
UPI Payment Method: By using UPI payment method for application process.
What is the IRCTC IPO issue date?
IRCTC IPO issue period is from 30-Sep-19 to 03-Oct-19.
What is the IRCTC IPO allotment date?
Allotment date is 9 Oct 2019 and share will transfer to your demat account on 11 Oct 2019.
What if IRCTC IPO Shares not allotted to me?
Suppose shares not allotted to you than refund will be credited to your linked bank account. Refunds date is 10 Oct 2019.
How to Apply IRCTC IPO through Zerodha?
Zerodha customers can apply for IRCTC ipo throuh UPI’s payment gateway by Zerodha Console. Pls follow Below steps.
login to console.zerodha.com
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What is the IRCTC IPO Listing date?
Listing date for this IPO is 14 Oct 2019
Is there any other IRCTC IPO Listing later this year?
There is no such information available regarding the further listing of State bank of India IPO.
What is the Lot Size of IRCTC IPO?
Minimum 40 shares (1 lot) and maximum 600 (13 lot) shares of lot size is available. One share price is ₹.320 so 1 lot of 84 shares will be ₹.12,800 and Maximum 13 lots will cost you ₹.192,000
What is the face value of IRCTC IPO?
Face value of IRCTC is ₹10 Per Equity Share.
What IRCTC symbols in NSE & BSE?
NSE: IRCTC & BSE: 542830, Group: B
More About Upcoming and Closed IPO
