IRCTC Limited IPO Message Board (Page 51)

Still waiting for Eagleye calculation...!!????

Thank u to both of u for reply.

what will be chance of allotment in retail ?? any body say that how many times it will be subscribed in retail ??

1/7 , 7x - 8x

Chance of allotment is quite difficult as only 1,77,734 lots available for retail category
(2.01crore×35/100)/320)/40
Overall subscription in retail categorie ll be more than 10 times...

Current GMP is between 140-150... Due to constant Dividend distribution Book value is less.. but Revenue and profits of company is good.. as they hv monopoly on railway Ticket booking....

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Book value as per DRHP is 65 only and it is offering at almost 5X book value.I've not seen even any pvt. co. stock offering at such high valuation even though they have monopoly in their trade practices.

Grey market punters have heated up premium around 40%.Around 140 rs. on 320 rupee stock.Ha Ha surprised in the last 5 years any PSU OFS haven't offered anything above 15-20%.Last IPO was HDFC AMC which gave tremendous return above 50%.Anyway all eyes on last day subscription numbers only.It will decide whether to gamble or not.IMO regarding online service company this stock price behaviour may be like Indiamart in the initial stage and later on it may become Justdial !

Another reason of such high premium is Bharat 22 ETF - 4 coming in October which have hefty issue size of 5000-6000 crore.It will keep reminding the listing of this IPO at the time of ETF launching and some other PSU IPOs.

IRCTC 1150 vyaj surendranagar

Apply with full force..

This can apply for decent listing again.
Reason- no comparable stock in that industry
monopoly in the business
IPO movement just started, as many people waiting

Avoid

Egeleye mem
Aap ki opinion kya hai is ipo ke liye
Plz suggest us.

Gmp 175

Where can i get the form for IRCTC

you can apply through your bank website

Forms can be had from brokers or can be downloaded from exchanges web site, UPI Id to be filled with other details and submitted to your broker or any SCSB.

valuations are too high

Current GMP 105-110...
Expected listing gain ll be around 4k
Apply with full force...

No.
From one demat account only one application can be made as one PAN holder can apply only one application.

You may be asking about 5 applications (of different PAN holder and thus different demat accounts) from one bank account, yes it can be done through net banking as few banks provide such facility.

No sir.. U can apply for more than 1 lot using one PAN...
Yes.. many banks provide this facilities but if u apply for third party using ur net banking then applications ll be reject as per the SEBI rules..

plaese give detail
retail application approx for 1 time

can i do application thru asba or comparably have to do with upi only for retail application

u can apply Through Online Asba system

irct kostak rate 750 rs 3000 rs subject to 120./123 rs premium

IRCTC has good dividend paying track record. Final Dividend during 2018-19 is 22.20 per share, F.Y 2017-18 is 11.80 per share and F.Y 2016-17 is18.86 per share, including Interim Dividend paid during the year F.Y 2018-19 INR 3.75 per share and F.Y 2016-17 INR 9.38 per share.

We can understand the increased profitability of IRCTC by following manner...

(a) Everyday more than14 lakh people travel through railway.

(b) More than 70% of tickets are booked online through Irctc. It mean more than10 lakh tickets booked online every day.

(c) So conveyance charge will Increase the revenue of IRCTC in the FY2019-20 by 250 Cr.

A must apply IPO for me.

*Jokes*
IRCTC is launching IPO. If you apply for the same, it will be "loading..." till listing.
I am sure it will have a Tatkal scheme on the last day of subscription. At 20% higher than offer price though.

Application rate is 650-700 in jaipur

Please share contact number of broker to me