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IRCTC

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.

₹315 - ₹320Open
Listed Price₹644.00
Listing Gain+101.25%

IPO Schedule & Timeline

Bookbuilding IPO
Open30 Sep 2019
Close03 Oct 2019
Allotment10 Oct 2019
Listing14 Oct 2019

Quota Reservation & Application Lots

Minimum Application Lots

Retail1 Lot (40 shares)
₹12,800
sHNI16 Lots (640 shares)
₹2,04,800
bHNI79 Lots (3,160 shares)
₹10,11,200

Company Promoters

The President of India acting through the Ministry of Railways

Company Background

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-...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (31-Mar-19)₹19566.6 Cr
Growth+22.1%
Revenue Trend (₹ in Crores)
0.07.5k15.0k22.5k31-Mar-1731-Mar-1831-Mar-19
PeriodRev (Cr)PAT (Cr)AssetsDebt
31-Mar-1919,566.602,725.9525,837.800
31-Mar-1815,695.602,206.1923,191.060
31-Mar-1716,028.502,290.8118,264.540

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Alankit Assignments Limited

Allotment Finalized
Allotment Date
10 Oct 2019
Official Status
Out / Finalized
Registrar
Alankit Assignments Limited
Listing Date
14 Oct 2019

Official Allotment Verification Links

Official Registrar Portal
Alankit Assignments Limited

Direct allotment verification on the official registrar portal appointed for IRCTC. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization10 Oct 2019Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date14 Oct 2019Trading commences on exchange

How to Check IRCTC Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select IRCTC from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About IRCTC IPO

Complete issue overview for IRCTC (IRCTC) IPO. The issue features an equity share price band of ₹315 – ₹320 per share with a minimum retail lot size of 40 Shares (minimum application amount of ₹12,800). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions