Indian Railway Catering and Tourism Corporation Limited IPO
Indian Railway Catering and Tourism Corporation Limited was a mainboard IPO in the Tour Travel Related Services sector, offered at ₹63–₹64 per share to raise ₹645 crore. The issue was subscribed 111.95× overall (QIBs 108.79×, NIIs 354.52×, retail 14.94×). It listed on 14 Oct 2019 at ₹125 and closed its first day at ₹146, a listing gain of +127.4% versus the ₹64 issue price. It now trades around ₹436 (+581.6% versus the issue price).
Frequently asked questions
- How many times was the Indian Railway Catering and Tourism Corporation Limited IPO subscribed?
- The Indian Railway Catering and Tourism Corporation Limited IPO was subscribed 111.95× overall — 108.79× in the QIB category, 354.52× among non-institutional investors, 14.94× in retail.
- What were the Indian Railway Catering and Tourism Corporation Limited IPO listing gains?
- Indian Railway Catering and Tourism Corporation Limited listed on 14 Oct 2019 at ₹125, closing its first day at ₹146 — a listing gain of +127.4% versus the ₹64 issue price.
- What were the retail allotment odds for the Indian Railway Catering and Tourism Corporation Limited IPO?
- Retail was subscribed 14.94×, so a single-lot application had roughly a 6.7% chance of allotment (about 1 in 15), and allotment was finalised on 8 Oct 2019.
- What was the price band and lot size of the Indian Railway Catering and Tourism Corporation Limited IPO?
- The price band was ₹63–₹64 per share, with a minimum lot of 40 shares (₹2,560 at the upper band).
- Who were the registrar and lead manager for the Indian Railway Catering and Tourism Corporation Limited IPO?
- Alankit Assignments Limited was the registrar, and YES Securities was the book-running lead manager.