Page 15 - Irctc

Primary market investors have pocketed up to 130% returns in 2019

Out of 11 companies that got listed in 2019, nine have outrun the market by gaining more than 10 per cent against their respective issue price

IRCTC stock market debut smashes records; share prices surge 129%

Records best-ever listing day gain for a government-owned firm

IRCTC makes grand debut, doubles over issue price; should you book profit?

The state-owned company raised Rs 645 crore through its initial public offer (IPO).

Top 10 biz headlines: BPCL privatisation, IRCTC market debut, and more

From government planning to privatise BPCL to IRCTC making stock market debut, here are the top 10 business headlines on Monday

IRCTC to make stock market debut today after raising Rs 645 cr in IPO

The IPO, which was open for subscription between September 30 and October 4, was subscribed 112 times

IRCTC may not give fillip to IPO market amid turmoil in financial sector

Industry experts say there may be few IPOs in the remaining part of the year and a pick-up in activity could be seen only during the first half of the next calendar year

Street signs: IRCTC IPO, financials meltdown hurts FPIs, and more

The Rs 640-crore IPO of the state-owned railway ticketing company had garnered over 110 times subscription on an overall basis

Railway unions protest against Tejas Express launch, observe 'black day'

The All India Railway Men's Federation (AIRF) said it is observing the day as 'virodh diwas' across the network against the first "private" train Tejas

Country's first private train, Tejas Express to pay you if there is a delay

Many countries and cities over the globe compensate passengers for delays - some do so as monetary compensation and some in kind

IRCTC shares subscribed 112 times; highest for a state-owned company

The brokerage said that based on the earnings projection for the next financial year, the stock was valued at a price-to-earnings multiple of just 10x

IRCTC IPO a huge hit; subscribed 112 times on final day of bidding

The initial public offering of Indian Railway Catering and Tourism Corporation (IRCTC) was subscribed 77.91 times so far on the final day of bidding on Thursday. The IPO to raise about Rs 645 crore received bids for 157 crore shares against the total issue size of 2 crore scrips, according to data available with the exchanges till 1530 hours. IRCTC's IPO was subscribed 3.25 times till the second day of bidding on Tuesday. Equity markets were closed on Wednesday on account of 'Mahatma Gandhi Jayanti'. The initial public offering (IPO) is in a price range of Rs 315-320 per share. The issue comprises an offer-for-sale of 2.01 crore shares of a face value of Rs 10 each. Out of the total issue size, 1,60,000 equity shares are reserved for eligible employees. The offer is being managed by YES Securities (India), SBI Capital Markets and IDBI Capital Markets & Securities.

Despite bulls' preference for IRCTC IPO, important to tread with caution

In the first two days of the three-day offer, the IPO was oversubscribed by 325 per cent

IRCTC IPO subscribed three times a day before close: All you need to know

The issue closes on Thursday

IRCTC's IPO subscribed about 81% on the opening day of bidding

The initial public offering of Indian Railway Catering and Tourism Corporation (IRCTC) was subscribed about 81 per cent on the opening day of bidding on Monday. IRCTC's public offer to raise about Rs 645 crore received bids for 1.63 crore shares as against the total issue size of two crore shares, according to exchanges' data. The non-institutional investors category was subscribed 21 per cent and that of retail individual investors 2.23 times. Price range for the initial public offering (IPO) has been fixed at Rs 315-320 per share. The issue comprises an offer-for-sale of 2.01 crore shares of face value of Rs 10 each. Out of the total issue size, 1,60,000 equity shares are reserved for eligible employees. Bidding for the offer of the railways' tourism and catering arm will close on Thursday. Equity markets will be closed on Wednesday on account of 'Mahatma Gandhi Jayanti'. YES Securities (India), SBI Capital Markets and IDBI Capital Markets & Securities are the managers to the

IRCTC IPO: A robust growth outlook, attractive valuations are key positives

IRCTC has had healthy revenue growth of 27.4 per cent in FY19, while the same over FY17-19 averaged 11 per cent

IRCTC IPO opens Monday. Here's why analysts suggest subscribing to it

The IPO is part of the government's ambitious disinvestment programme that targets raising Rs 1.05 trillion via this route in financial year 2019-20 (FY20).

Top 10 biz headlines: Modi lures investors, IRCTC's IPO, and more

From PM Modi urging investors to come to India and invest to LIC's stake in private sector dropping to 16-year-low, here are the top 10 business headlines on Thursday

IRCTC looks to raise Rs 645 cr via IPO, at price band of Rs 315-320 a share

The issue comprises an offer for sale of 2.01 crore shares of the face value of Rs 10

No tatkal, free insurance of Rs 25 lakh: IRCTC's many firsts for Tejas

The Delhi-Lucknow and Mumbai-Ahmedabad Tejas Express trains will be the first trains to be run by the IRCTC

Pay more for IRCTC tickets from Sep 1: Check service charges on AC, non-AC

The IRCTC will levy a service charge of Rs 15 per ticket for non-AC classes and Rs 30 for AC classes, including first class, according to the August 30 order issued by IRCTC