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September 30, 2019 - October 3, 2019

IRCTC IPO FAQ

IRCTC IPO Date & Price

The IRCTC IPO opens on September 30, 2019 and closes on October 3, 2019.

IRCTC IPO timetable / schedule is as below:
  • Bid/Offer Opens On: September 30, 2019
  • Bid/Offer Closes On: October 3, 2019
  • Finalization of Basis of Allotment: October 9, 2019
  • Initiation of refunds: October 10, 2019
  • Credit of Equity Shares: October 11, 2019
  • Listing Date: October 14, 2019

IRCTC IPO price is set at ₹320 per equity share.

IRCTC IPO will close for subscription at 5 PM on October 3, 2019. But most brokers stop accepting application between 1 PM to 3 PM.

The IRCTC IPO starts on September 30, 2019. The issue ends on October 3, 2019.

IRCTC IPO Issue Size and Subscription Status

The IRCTC IPO size is 20160000 Equity Shares of ₹10 aggregating up to ₹645.12 Cr.

IRCTC Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for IRCTC IPO shares through the banks (using ASBA) or through the broker (using UPI).

IRCTC IPO Offer Size

Qualified Institutional Buyers (QIB)10,000,000 Shares
Non-Institutional Investors (NII)3,000,000 Shares
Retail Individual Investor (RII)7,000,000 Shares
Employee Reservations160,000 Shares
Other Reservations0 Shares
Total Issue Size20,160,000 Shares

IRCTC IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)108.79 times times
Non-Institutional Investors (NII)354.52 times times
Retail Individual Investor (RII)14.83 times times
Employee Reservations5.81 times times
Other Reservations times
Total Issue Size111.91 times times

Click here to check the IRCTC IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in IRCTC IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check IRCTC IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

IRCTC IPO Allotment and Listing

The IRCTC IPO allot status will be available online on October 9, 2019. Check the IRCTC IPO Allotment Status here.

Click here to check IRCTC IPO Allotment Status.

IRCTC IPO listing Date is October 14, 2019. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The IRCTC IPO listing date and time is published by the exchange in a circular.

Click here to view the IRCTC IPO Basis of Allotment.

It is hard to say at what price IRCTC IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The IRCTC IPO shares will list on October 14, 2019 at BSE, NSE.

IRCTC IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about IRCTC IPO which could help you with questions like IRCTC IPO buy or not? You should also read IRCTC IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

IRCTC IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the IRCTC IPO performance. The performance reports are available 1 day after listing.