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
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