Irctc ipo

WebOct 10, 2024 · The strong response to IRCTC IPO has made the grey market active with analysts expecting the shares to list at around Rs 550 on October 14, 2024, as compared to the IPO price band of Rs 315-320. In the grey market itself, the stock is quoting at a premium of Rs 200 per share. WebOct 3, 2024 · IRCTC has set IPO has a price band of Rs 315-320 per share. At the upper price band, the stock is available at P/E multiple of 18.8 times to its FY19 EPS of Rs 17. Anand Rathi Financial Services said that the company revenues should shoot up in the next 1-2 years due to the convenience fee and privatisation of two routes.

IRCTC IPO: How this public offer got subscribed 112 times

WebSep 24, 2024 · IRCTC IPO may help the government to raise between Rs 500 and Rs 600 crore, news agency PTI had reported citing unnamed market sources. IPO proceeds . IRCTC IPO is an offer for sale. Therefore, IRCTC is not entitled to receive any proceeds from the offer. The Department of Investment and Public Asset Management (DIPAM) will be … WebOct 17, 2024 · The IPO got an overwhelming response from investors and was subscribed a whopping 112 times. Analysts say attractive valuation of the company was the main reason behind this subscription. On Monday, IRCTC shares were listed at Rs 644 compared to the issue price of Rs 320 and closed at Rs 729, valuing the company at Rs 11,700 crore. how much oil do we import and export https://itworkbenchllc.com

IRCTC makes stellar stock market debut Mint

WebOct 11, 2024 · Contact Person: Suman Kalra, Company Secretary and Compliance Officer; Telephone: +91 11 2331 1263 / 64; E-mail: [email protected]; Website: www.irctc.com; Corporate Identity Number: U74899DL1999GOI101707 OUR PROMOTER: THE PRESIDENT OF INDIA ACTING THROUGH THE MINISTRY OF RAILWAYS, GOVERNMENT OF INDIA WebSep 30, 2024 · The IPO of IRCTC Limited opens on September 30 and closes on October 3, 2024. The company is offering shares in the price band of Rs 315 to Rs 320 per equity share. About Indian Railway Catering and Tourism Corporation Limited ( IRCTC). WebOct 10, 2024 · IRCTC’s IPO was oversubscribed by about 112 times overall. The retail portion of the offer witnessed oversubscription of 14.94 times. This hyper demand has taken the grey market premium to Rs ... how do i understand my wife

Online Food Delivery in Train Market Overview 2024 to 2030, …

Category:IRCTC IPO subscribed 111 times so far on Day 3 - The Economic …

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Irctc ipo

Bumper Listing: IRCTC Debuts At Rs 644, Rallies 115% Over Issue Price

WebSep 30, 2024 · See 4 recent research reports for IRCTC, BSE:542830 Indian Railway Catering & Tourism Corporation Ltd. from 2 source(s) with an average share price target of 749. WebOct 4, 2024 · One need look no further than the Indian Railway Catering and Tourism Corporation (IRCTC) IPO, which closed on Thursday, to understand why. The numbers …

Irctc ipo

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WebOct 15, 2024 · IRCTC IPO listing today has delivered more than 100 per cent returns to the stock market investors. The Indian Railways Mini Ratna company IPO got settled at whooping Rs 626 per shares and zoomed at Rs 697 within few minutes. The Stock Market experts were expecting 50-75 per cent returns while the IPO has delivered more than 100 … WebOct 1, 2024 · Recent IRCTC IPO is reflecting similar vibes and looks like the history is repeating itself. But, nothing can be said with 100% surety and therefore, the future of IRCTC is still veiled. Even though, the company is backed in its monopoly by the government itself and enjoys entire market share. But, who knows what’s on cards?

WebOct 7, 2024 · New Delhi: There has been an immense buzz around the initial public offering (IPO) of the Indian Railway Catering and Tourism Corporation (IRCTC). The initial share sale of the exclusive e-ticketing and catering partner of the Indian Railways was subscribed nearly 112 times in the three-day bidding period from September 30 to October 03, 2024. WebOct 14, 2024 · Investors who invested in the IRCTC IPO doubled their money in a single day. Retail investors and employees earned Rs 10 more for each share, as they got shares at a …

WebOct 6, 2024 · The IRCTC IPO was subscribed 112 times, which means the company got bids worth ₹ 72200 crore, while it set out to raise ₹ 645 crore An interesting feature of the IRCTC IPO was that the shares... WebIRCTC 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 …

Web1 day ago · IRCTC VIKALP: Getting a confirmed ticket during holidays and festivals can be a very difficult task.Even after trying our best while booking tickets, sometimes we don't get a confirmed ticket. But there is a system called, the Alternate Train Accommodation Scheme (ATAS), also known as 'VIKALP', which has been implemented in trains to confirm … how do i understand myself essay brainlyWebSep 24, 2024 · Objects of the IRCTC IPO: The objects of the Offer are: (i) to carry out the disinvestment of 20,160,000 Equity Shares by the Selling shareholder constituting 12.60% … how do i understand my tax codeWeb1 day ago · Online Food Delivery in Train Market Overview 2024 to 2030, Future Trends and Forecast IRCTC E-catering, Railretro, RailMitra, Travelkhana Published: April 14, 2024 at 3:20 a.m. ET how do i understand my eyeglass prescriptionWebOct 3, 2024 · IRCTC is offering shares at ₹ 315-320 per share but retail investors get a discount of ₹ 10 per share. So the effective price band of IRCTC IPO for retail investors is ₹ 305-310 per share ... how much oil do we import from canadaWebOct 3, 2024 · The IPO Shares of IRCTC Limited IPO are proposed to list on Monday, October 14, 2024 at BSE, NSE. The public issue of IRCTC IPO was opened on Sep 30, 2024 and closed for subscription on Oct 3, 2024. IRCTC IPO Listing Date and Information: IRCTC Limited Listing Date 2. IRCTC IPO Allotment Status Thursday, October 10, 2024 1:30:06 AM how do i understand myself essayWebOct 1, 2024 · IRCTC IPO Subscription Status By 10:30 am, bids for 2.17 crore shares were received out of the total 2.02 crore shares on offer under the IRCTC IPO , data from the … how much oil do we import from russia 2021WebSep 27, 2024 · IRCTC’s earnings per share as of March comes to Rs 17. At the upper end of the IPO price band, price-to-earnings ratio stands at 18.8 times its FY19 estimates, according to BloombergQuint’s calculations. “Based on parameters such as strong earnings profile, diversified business segment, healthy return ratios, debt-free status and monopoly ... how do i undisable my app store and itunes