IRCTC draft RHP likely to be filed with Sebi next month
5 years, 10 months ago

IRCTC draft RHP likely to be filed with Sebi next month

Live Mint  

New Delhi, May 8 The catering unit of Indian Railways IRCTC is likely to file the draft red herring prospectus for its ₹400 crore IPO next month with market regulator Sebi. Last month, the government raised about ₹480 crore by selling 12.12 per cent stake in Rail Vikas Nigam Ltd. Bharat-22 ETF, which was launched in 2017-18, has 16 central public sector enterprises covering six sectors, 3 public sector banks and 3 private sector companies where the government holds minority stake. CPSE-ETF comprises shares of 11 companies -- ONGCNSE, Coal IndiaNSE, Indian Oil Corp, Power Finance Corp, REC, Bharat Electronics, Oil India, NTPC, NBCC, NLC India and SJVN Ltd.

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History of this topic

Top stocks to watch today: IREDA, BHEL, ONGC, HCLTech, IRFC, NCC and more
4 days, 3 hours ago

Top stocks to watch today: IREDA, BHEL, ONGC, HCLTech, IRFC, NCC and more

India Today  

Benchmark stock market indices are set for a strong opening on Wednesday, tracking positive cues from Asian markets. Here are some of the top stocks to watch out for during the trading session: TOP STOCKS IN FOCUS ON MARCH 26: ONGC: The state-run oil major will invest Rs 3,300 crore in subsidiary ONGC Green via a rights issue. Waaree Renewable …

Why is IRFC share price skyrocketing? EXPLAINED
3 weeks, 1 day ago

Why is IRFC share price skyrocketing? EXPLAINED

Live Mint  

IRFC share price: Shares of the railway PSU Indian Railway Finance Corporation have been on an uptrend for the last four straight sessions. According to stock market experts, the IRFC share price rally can be attributed to the Government of India's move to grant the company grand Navratna status. IRFC news Speaking on the reason for IRFC share price rally, …

IRFC looks beyond Indian Railways, weighs opportunity to finance infra projects having linkages with Railways
3 weeks, 3 days ago

IRFC looks beyond Indian Railways, weighs opportunity to finance infra projects having linkages with Railways

Live Mint  

New Delhi: Indian Railway Finance Corporation, a financial institution under the ministry of railways, is looking to fund public and private infrastructure projects to expand its business that has been focused on mobilizing and funding projects of the Indian Railways. IRFC is also exploring opportunities to fund rolling stock requirements for Indian Railways customers, container train operators, renewable energy needs …

IRFC, IRCTC shares gain after upgradation to Navratna CPSE - Check details
3 weeks, 5 days ago

IRFC, IRCTC shares gain after upgradation to Navratna CPSE - Check details

India TV News  

IRFC, IRCTC shares gain after upgradation to Navratna CPSE - Check details With this, all seven listed railway PSUs have achieved the same status now. Last seen, the counter held firmly in green at Rs 113.85 with a gain of 2.43 per cent from the previous close. On the other hand, the shares of IRCTC started the session with a …

IRCTC share price hits 52-week low after Q3 results 2025. Opportunity to buy?
1 month, 2 weeks ago

IRCTC share price hits 52-week low after Q3 results 2025. Opportunity to buy?

Live Mint  

Indian Railway Catering and Tourism Corporation share price fell over 2% to its 52-week low in early trade on Wednesday following the company's Q3 results. Anshul Jain, Head of Research at Lakshmishree Investment and Securities, noted that IRCTC delivered a strong financial performance in Q3, with net profit surging 13.7% and climbing 10% YoY, driven by steady growth across business …

IRFC, RVNL to IRCTC: Why are Railway stocks rising after Economic Survey 2025?
1 month, 4 weeks ago

IRFC, RVNL to IRCTC: Why are Railway stocks rising after Economic Survey 2025?

Live Mint  

Economic Survey 2025: Shares of Railway stocks RVNL, IRCON, IRCTC, and BEML soared on Friday, January 31, in tandem with the broader markets after the Economic Survey 2025 announced massive expansion for Indian Railways in FY25. Indian Railway Finance Corporation also rose around 3 percent to its day's high of ₹152.50 "Railway stocks have risen since the Economic Survey of …

Explained: Why IRCTC share price jumped up to 5% today
2 months, 2 weeks ago

Explained: Why IRCTC share price jumped up to 5% today

India Today  

Shares of Indian Railway Catering and Tourism Corporation Ltd surged nearly 5% on Friday after global brokerage firm Macquarie initiated coverage on the stock with a bullish 'Buy' rating and a target price of Rs 900. The stock rose nearly 5% to hit a day’s high of Rs 800.65 on the Bombay Stock Exchange, compared to the previous close of …

IRCTC to IRFC: Should you buy Indian Railway stocks ahead of Budget 2025?
3 months ago

IRCTC to IRFC: Should you buy Indian Railway stocks ahead of Budget 2025?

Live Mint  

Railway stocks: With the Union Budget 2025 just a month away, investors seem cautious, contemplating whether this is the right time to invest in Indian railway stocks like Indian Railway Catering and Tourism Corporation, Indian Railway Finance Corporation, Rail Vikas Nigam and Railtel Corporation Of India. IRCTC, IRFC, RVNL, Railtel share price trend Several railway stocks have been on a …

IRCON v/s RVNL: A contrasting tale of two railway infrastructure stocks
3 months, 2 weeks ago

IRCON v/s RVNL: A contrasting tale of two railway infrastructure stocks

Live Mint  

Every year, ahead of the budget, investors get excited about the prospects of incremental spending by the railways that would translate into order inflows for railway infrastructure companies. RVNL has higher revenue visibility, with a robust order pipeline that’s enough to cover four years of FY24 revenue. Now, it is not as though the fall in the order book was …

Railway stocks like RVNL, IRFC, and IRCON are rising today. Here's why
4 months ago

Railway stocks like RVNL, IRFC, and IRCON are rising today. Here's why

Hindustan Times  

Railway PSU stocks including Rail Vikas Nigam Ltd, RailTel Corporation of India, RITES Ltd, IRCON International Ltd, and Indian Railway Finance Corporation Ltd saw their share prices rising up to 10% on Monday, November 25, 2024. IRCON International Ltd saw a 7.5% share price uptick after Infomerics Valuation and Rating Private Limited, assigned credit ratings of IVR AAA/ Stable / …

Maharashtra Election Result: RVNL, IRFC, LT to SBI — experts recommend these 10 stocks to buy on Monday. Here’s why
4 months ago

Maharashtra Election Result: RVNL, IRFC, LT to SBI — experts recommend these 10 stocks to buy on Monday. Here’s why

Live Mint  

Maharashtra Election Result: As the BJP-led NDA is all set to form the next government in the State of Maharashtra, stock market experts are busy guessing the possible changes in investors' investment strategy. Maharashtra Election Result: Impact on Indian stock market "After the Lok Sabha Election Results, Indian stock market investors went defensive and started looking at FMCG and pharma …

IRFC, RVNL, IRCTC, IRCON: Why these railway stocks are gaining today
4 months, 1 week ago

IRFC, RVNL, IRCTC, IRCON: Why these railway stocks are gaining today

India Today  

Shares of railway sector stocks rose sharply on Tuesday, with Indian Railway Finance Corporation jumping over 5%, followed by significant gains in Rail Vikas Nigam Limited, IRCON International, and Indian Railway Catering and Ticketing Services. Shares of RVNL also surged sharply by around 3.5% to Rs 430.45 after receiving a letter of acceptance from South Central Railway worth Rs 294.4 …

Stock market crash: IRCTC, RVNL to IRFC — Railway stocks correct up to 45% from record highs. Opportunity to buy?
4 months, 2 weeks ago

Stock market crash: IRCTC, RVNL to IRFC — Railway stocks correct up to 45% from record highs. Opportunity to buy?

Live Mint  

Many quality stocks have been heavily beaten in the recent stock market crash. Among railway majors, Rail Vikas Nigam Limited or RVNL share price has corrected around 35 per cent from its record high of ₹622 apiece on the NSE. Batting in favour of railway stocks in a current market crash, Mahesh M Ojha, AVP — Research at Hensex Securities, …

Dividend stock 2024: IRFC share price in focus as stock trades ex-dividend today. Details here
4 months, 2 weeks ago

Dividend stock 2024: IRFC share price in focus as stock trades ex-dividend today. Details here

Live Mint  

Dividend stock 2024: Shares of Indian Railway Finance Corporation are in the spotlight today as the company’s stock trades ex-dividend following its recent dividend declaration. In a regulatory filing, IRFC stated, “Pursuant to Regulation 30 and 43 of SEBI Regulations, 2015, as amended from time to time, this is to inform that the Board of Directors have declared an Interim …

RVNL, Ircon International shares tumble up to 7% on weak performance in Q2
4 months, 3 weeks ago

RVNL, Ircon International shares tumble up to 7% on weak performance in Q2

Live Mint  

Stock Market Today: Shares of Rail Vikas Nigam and Ircon International plunged 7.2 per cent and 6 per cent, respectively, in early morning trade on Friday, November 8 after both state-run railway companies reported weaker-than-expected earnings for the September quarter on Thursday. For the September 2024 quarter, RVNL, a project service provider, posted a 27.24 per cent year-on-year decline in …

IRCTC shares surge by 13%, close at 52-week high. Check latest share price
1 year, 3 months ago

IRCTC shares surge by 13%, close at 52-week high. Check latest share price

Hindustan Times  

The shares of Indian Railways Catering and Tourism Corporation surged by nearly 13 per cent to hit a 52-week high of ₹888 on Monday. In November, IRCTC had reported 30.36 per cent rise in net profit at ₹294.67 crore for September quarter. IRCTC's total revenue increased 23.51 per cent to ₹995.31 crore in comparison to ₹805.80 crore in Q2FY23. IRCTC …

IRCTC share price rebounds after retracing from 52-week high. Buy, sell or wait?
1 year, 3 months ago

IRCTC share price rebounds after retracing from 52-week high. Buy, sell or wait?

Live Mint  

IRCTC share price: Shares of Indian Railway Catering and Tourism Corporation opened higher on Monday at ₹750.65 against the closing price of ₹749.55 on Friday. Triggers for IRCTC share price “IRCTC shares present a compelling opportunity for long-term investors, given the company's dominant position in the online ticket booking sector. "While the COVID-19 pandemic posed challenges, IRCTC pivoted its business …

Defence, railway stocks surge after BJP’s state election victory
1 year, 3 months ago

Defence, railway stocks surge after BJP’s state election victory

Live Mint  

Amidst the massive victory of the Bharatiya Janata Party in the state election on Sunday, December 3, defence and railway stocks rallied on Monday's trading session. Railway stocks, Ircon International Ltd, Rail Vikas Nigam Ltd, Indian Railway Catering & Tourism Corporation Ltd, Ircon International Ltd, and BEML Ltd all saw a gain of 0.6% to 2% on Monday's session. The …

Dividend Stocks: Power Grid, IRCTC, among others to trade ex-dividend next week
1 year, 4 months ago

Dividend Stocks: Power Grid, IRCTC, among others to trade ex-dividend next week

Live Mint  

Dividend Stocks: Shares of several companies will trade ex-dividend in the coming week including Power Grid Corporation of India, Indian Railway Catering and Tourism Corporation, Indraprastha Gas Ltd, United Spirits, MRF, among others will trade ex-dividend in the coming week, starting from Monday, November 13. Container Corporation Of India Ltd : The company declared an interim dividend of ₹3. FULL …

IRCTC stock slips 5% per cent as govt offer-for-sale begins
2 years, 3 months ago

IRCTC stock slips 5% per cent as govt offer-for-sale begins

Firstpost  

The government’s offer-for-sale of up to 5 per cent stake in Indian Railway Catering and Tourism Corporation at a floor price of Rs 680 a share opened for institutional investors on Thursday New Delhi: Shares of IRCTC fell more than 5 per cent in morning trade on the BSE on Thursday as the sale of the government’s up to 5 …

IRCTC: Profit Jumps Nearly 3-Folds, Food Makes a Comeback, Time to Invest in IRCTC Stocks?
3 years, 1 month ago

IRCTC: Profit Jumps Nearly 3-Folds, Food Makes a Comeback, Time to Invest in IRCTC Stocks?

News 18  

Indian Railway Catering and Tourism Corporation continued to show meaningful sequential improvement in revenue and profitability led by easing of covid curbs and vaccination. Neha Khanna, director, ValPro, said: “The steep surge in net profit is mainly led by contribution from all the segments and low base of last year.” The company’s board has declared an interim dividend of Rs …

IRCTC: The incredible govt move that burned ₹ 18,000 crore in market cap
3 years, 5 months ago

IRCTC: The incredible govt move that burned ₹ 18,000 crore in market cap

Live Mint  

When the stock market opened today morning, the Indian Railways Catering and Tourism Corp share price fell by 25% to ₹685.35. In 2020-21, when earnings were badly impacted due to the Covid pandemic, IRCTC still made ₹299 crore from convenience fee on railway tickets or around 38.2% of gross revenue from operations, which in turn stood at ₹783 crore. Looking …

IRCTC stock split approved; share price hits new 52-week high
3 years, 7 months ago

IRCTC stock split approved; share price hits new 52-week high

India TV News  

IRCTC stock split approved; share price hits new 52-week high IRCTC Share Split Date, IRCTC Share Split Ratio, IRCTC Share Split Price, IRCTC Share Split Date 2021: IRCTC share price touched a new 52-week high on NSE and BSE on account of a stock split. IRCTC Stock Split Date, IRCTC Stock Split Ratio, IRCTC Stock Split Price: IRCTC has approved …

IRFC Q4 net profit rises 126% to ₹1,482.5 crore
3 years, 9 months ago

IRFC Q4 net profit rises 126% to ₹1,482.5 crore

Live Mint  

Indian Railway Finance Corporation on Tuesday reported a Q4 standalone net profit at ₹1,482.5 crore as compared to ₹654.6 crore in the same quarter last year. The company's total expenses for the fourth quarter stood at ₹2,972.4 crore as compared to ₹2,551 crore in the corresponding quarter of the previous fiscal. ''The Company has evaluated the impact of this pandemic …

IRFC IPO subscribed 3.49 times on final day
4 years, 2 months ago

IRFC IPO subscribed 3.49 times on final day

India TV News  

The initial public offer of Indian Railway Finance Corporation Limited was subscribed 3.49 times on the final day of bidding on Wednesday. Qualified Institutional Buyers category was subscribed 3.78 times, non institutional investors 2.67 times and retail individual investors 3.66 times. The initial public offer of up to 178.20 crore shares, comprises a fresh issue of up to 118.80 crore …

IRFC IPO hit markets today, Indigo Paints subscription to open on 20 January; aim to raise over Rs 5,800 crore
4 years, 2 months ago

IRFC IPO hit markets today, Indigo Paints subscription to open on 20 January; aim to raise over Rs 5,800 crore

Firstpost  

IRFC IPO comprises up to 178.2 crore shares, comprising a fresh issue of up to 118.8 crore and offer-for-sale of up to 59.4 crore shares by the government New Delhi: Two companies - Indian Railway Finance Corporation and Sequoia Capital-backed Indigo Paints - are set to hit the market with their initial share-sale offers this week to raise an estimated …

IRFC, Indigo Paints IPOs to hit market this week, eye over Rs 5,800 cr
4 years, 2 months ago

IRFC, Indigo Paints IPOs to hit market this week, eye over Rs 5,800 cr

India TV News  

Two companies -- Indian Railway Finance Corporation and Sequoia Capital-backed Indigo Paints -- are set to hit the market with their initial share-sale offers this week to raise an estimated over Rs 5,800 crore. The three-day initial share-sale of Indian Railway Finance Corporation would be open for public subscription during January 18-20, while the IPO of Indigo Paints would open …

Govt to Sell Up to 20% Stake in IRCTC Via OFS, Fixes Floor Price of Rs 1,367 Per Share
4 years, 3 months ago

Govt to Sell Up to 20% Stake in IRCTC Via OFS, Fixes Floor Price of Rs 1,367 Per Share

News 18  

The government is planning to sell up to 20 per cent stake in Indian Railway Catering and Tourism Corp through an Offer for Sale which opens for subscription on Thursday. would divest 15 per cent equity with a 5 per cent green shoe option," Department of Investment and Public Asset Management Secretary Tuhin Kanta Pandey said in a tweet. The …

Govt Plans Further Stake Sale in IRCTC, Invites Bids from Merchant Bankers by September 10
4 years, 7 months ago

Govt Plans Further Stake Sale in IRCTC, Invites Bids from Merchant Bankers by September 10

News 18  

The government is planning to sell part of its stake in Indian Railway Catering and Tourism Corp in the current fiscal, and has invited bids from merchant bankers for managing the sale process. Of this, Rs 1.20 lakh crore will come from disinvestment of public sector undertakings and another Rs 90,000 crore from stake sale in financial institutions. DIPAM, which …

IRFC IPO likely by December-end, to fetch about Rs 500-1,000 cr – India TV
4 years, 8 months ago

IRFC IPO likely by December-end, to fetch about Rs 500-1,000 cr – India TV

India TV News  

The government is looking at launching initial public offering of Indian Railway Finance Corp Ltd by the end of the year. The issue is likely to fetch about Rs 500-1,000 crore to the government, a finance ministry official said. IRFC had in January filed draft red herring prospectus with the Securities and Exchange Board of India for IPO of over …

IRCTC shares climb 5% in early trade as select passenger train services to resume from 12 May
4 years, 10 months ago

IRCTC shares climb 5% in early trade as select passenger train services to resume from 12 May

Firstpost  

The Indian Railways will gradually resume passenger train services from 12 May and will ask passengers to arrive at the station at least an hour before departure, the national transporter said on Sunday. New Delhi: Shares of Indian Railway Catering And Tourism Corporation jumped 5 percent in early trade on Monday after the Indian Railways said it will gradually resume …

Indian Railway Finance Corporation receives SEBI nod for IPO; maiden offer comprises fresh issue of 93.8 cr equity shares
5 years ago

Indian Railway Finance Corporation receives SEBI nod for IPO; maiden offer comprises fresh issue of 93.8 cr equity shares

Firstpost  

The SEBI’s observations are necessary for any company to launch public issues such as IPO, follow-on public offer and rights issue. New Delhi: Indian Railway Finance Corporation has got markets regulator SEBI’s approval for its initial public offer. The IPO comprises fresh issue of 93.8 crore equity shares and an offer for sale of 46.9 crore equity shares by the …

IRCTC shares soar over 9% to Rs 1,326.45 to hit fresh peak in early trade ahead of Union Budget 2020
5 years, 1 month ago

IRCTC shares soar over 9% to Rs 1,326.45 to hit fresh peak in early trade ahead of Union Budget 2020

Firstpost  

In October last year, IRCTC had made a blockbuster stock market debut with its shares zoomed over 101 percent to Rs 680 per share against the issue price of Rs 320. The Indian Railway Catering and Tourism Corporation shares jumped nine percent to hit fresh peak in eary trade on Saturday ahead of the presentation of the Union Budget 2020. …

IRCTC IPO: 10 interesting facts that make the initial public offering of IRCTC a talking point
5 years, 5 months ago

IRCTC IPO: 10 interesting facts that make the initial public offering of IRCTC a talking point

India TV News  

IRCTC IPO: The Indian Railway Catering and Tourism Corporation made a blockbuster entry on its debut listing on BSE and NSE. Indiatvnews.com brings to you 10 interesting things to know about IRCTC IPO 10 things you need to know about IRCTC's initial public offering : The IRCTC IPO was a huge hit among investors, as it got subscribed 111.91 times …

IRCTC IPO: After raising Rs 645 cr in IPO, IRCTC set to make stock market debut today
5 years, 5 months ago

IRCTC IPO: After raising Rs 645 cr in IPO, IRCTC set to make stock market debut today

India TV News  

The initial public offering of Indian Railway Catering and Tourism Corporation, which recently concluded Rs 645-crore as it got subscribed 111.91 times on the final day of bidding, will make its stock market debut today. IRCTC IPO was subscribed 112 times at a price band of Rs 315-320 per share. Department of Investment and Public Asset Management, in a tweet, …

IRCTC to make stock market debut today after raising Rs 645 cr; shares to be listed on BSE, NSE
5 years, 5 months ago

IRCTC to make stock market debut today after raising Rs 645 cr; shares to be listed on BSE, NSE

Firstpost  

IRCTC is the only entity authorised by Indian Railways to provide catering services to railways, online railway tickets and packaged drinking water at railway stations and trains in India. Indian Railway Catering and Tourism Corporation, which recently concluded its Rs 645-crore initial public offering, will make its stock market debut today. “Effective from Monday, 14 October 2019, the equity shares …

IRCTC makes stock market debut, shares double on market listing
5 years, 5 months ago

IRCTC makes stock market debut, shares double on market listing

India Today  

Shares of Indian Railways Catering and Tourism Corporation made its debut on the Bombay Stock Exchange and National Stock Exchange on Monday. Before markets opened on Monday, IRCTC shares settled at Rs 644 on the Bse while it touched Rs 626 on the NSE. In the grey market, IRCRC shares are being quoted a premium of Rs 240 per share, …

IRCTC to make stock market debut on Monday
5 years, 5 months ago

IRCTC to make stock market debut on Monday

Hindustan Times  

Indian Railway Catering and Tourism Corporation, which recently concluded its ₹645-crore initial public offering, will make its stock market debut on Monday. Out of the total issue size, 1,60,000 equity shares are reserved for eligible employees. “Effective from Monday, October 14, 2019, the equity shares of IRCTC Ltd shall be listed and admitted to dealings on the exchange in the …

Fourth tranche of Bharat-22 ETF: Anchor investors put in Rs 13,500-cr bids, subscription soars 27 times
5 years, 5 months ago

Fourth tranche of Bharat-22 ETF: Anchor investors put in Rs 13,500-cr bids, subscription soars 27 times

Firstpost  

The ETF issue that opened on Thursday received subscriptions from investors like mutual funds, foreign portfolio investors, and insurance funds New Delhi: The fourth tranche of Bharat-22 exchange-traded fund received an overwhelming response from institutional players on Thursday with the portion reserved for anchor investors garnering bids worth Rs 13,500 crore, around 27 times of the size. The ETF issue …

IRCTC IPO a huge hit among investors, could raise Rs 645 cr
5 years, 5 months ago

IRCTC IPO a huge hit among investors, could raise Rs 645 cr

India TV News  

The initial public offering of Indian Railway Catering and Tourism Corporation had overwhelming support from investors as it got subscribed 111.91 times on the final day of bidding on Thursday and is expected to raise Rs 645 crore. Department of Investment and Public Asset Management, in a tweet, said: "IRCTC IPO has evoked a tremendous response from all the categories …

IRCTC enjoys bumper IPO subscription in slowing economy
5 years, 5 months ago

IRCTC enjoys bumper IPO subscription in slowing economy

India Today  

State-run Indian Railway Catering and Tourism Corp’s initial public offering to raise 6.45 billion rupees was subscribed nearly 112 times by the end of the book-running process, stock exchange data showed. Investors bid for 2.25 billion shares of the company, compared with 20.2 million shares on offer, according to data from the National Stock Exchange, as of 1230 GMT on …

IRCTC IPO: IRCTC's 'Initial Public Offer' subscribed 111 times so far on D-day
5 years, 5 months ago

IRCTC IPO: IRCTC's 'Initial Public Offer' subscribed 111 times so far on D-day

India TV News  

IRCTC IPO, an initial public offering of Indian Railway Catering and Tourism Corporation, which opened for subscription on Monday, was subscribed 111 times so far on the final day of bidding on Thursday. The government is offering 2 crore equity shares or 12.6% stake through this IPO. The offer is being managed by YES Securities, SBI Capital Markets and IDBI …

Bharat-22 ETF's 4th tranche to open today; govt expects to raise Rs 8,000 cr
5 years, 5 months ago

Bharat-22 ETF's 4th tranche to open today; govt expects to raise Rs 8,000 cr

Firstpost  

An exchange-traded fund is a basket of securities that trade on an exchange, just like a stock. New Delhi: The government will launch the fourth tranche of Bharat-22 ETF today, which will help garner up to Rs 8,000 crore from investors, sources said. “The offer is likely to have a base issue size of Rs 2,000 crore, with a green-shoe …

IRCTC IPO to open today: All you need to know
5 years, 5 months ago

IRCTC IPO to open today: All you need to know

Hindustan Times  

IRCTC or Indian Railway Catering and Tourism Corporation’s ₹645-crore initial public offer will open for subscription on Monday and close on Thursday. The IRCTC IPO comprises an offer for sale of 20 million shares, representing 12.6% of total paid-up equity. The government intends to raise ₹635.04 crore at ₹315 per share, the lower end of the price band, and ₹645.12 …

IRCTC to launch IPO today, price band between ₹315-320 per share
5 years, 5 months ago

IRCTC to launch IPO today, price band between ₹315-320 per share

Hindustan Times  

State-run Indian Railway Catering and Tourism Corporation Limited will launch its initial public offering on Monday with a price band of ₹315-320 per share. The price band of ₹640 crore IRCTC IPO has been fixed at ₹315-320 per share but retail investors and eligible employees would be offered a discount of ₹10 per share. IRCTC is the Indian Railways tourism …

IRCTC IPO opens today, price band fixed at Rs 315-320 a share; all you need to know about the new offer
5 years, 6 months ago

IRCTC IPO opens today, price band fixed at Rs 315-320 a share; all you need to know about the new offer

Firstpost  

The state-run Indian Railway Catering and Tourism Corporation will launch its initial public offering on 30 September. Here are the details of the IPO: Indian Railways’ subsidiary IRCTC has reportedly fixed the price band for its initial share sale offer between Rs 315 and 320 per share, said a media report The issue comprises an offer for sale of 2,01,60,000 …

IRCTC IPO pegged at over Rs 635 crore to hit market on Monday
5 years, 6 months ago

IRCTC IPO pegged at over Rs 635 crore to hit market on Monday

India TV News  

Come Monday, the Indian Railways will hit the country's stock markets with its fourth and largest Initial Public Offer, that of the IRCTC worth over Rs 635 crore. The state-run firm's IPO will open on September 30 with a price band of Rs 315-Rs 320 per share taking the issue size to Rs 635.04 to Rs 645.12 cr. Interestingly, RVNL's …

IRCTC to launch IPO on September 30, expects to raise Rs 500-600 crore
5 years, 6 months ago

IRCTC to launch IPO on September 30, expects to raise Rs 500-600 crore

Op India  

With Sensex on a rebound, the Indian Railway Catering and Tourism Corporation is planning to launch its initial public offering on September 30. The decision to list IRCTC in the stock market comes after the benchmark Sensex gained 8% or 2,899 points since Finance Minister Nirmala Sitharaman made an announcement to cut the corporate tax rate. According to the reports, …

IRCTC IPO: All you need to know
5 years, 7 months ago

IRCTC IPO: All you need to know

India TV News  

IRCTC IPO Latest News: The Indian Railways Catering and Tourism Limited, popularly known as IRCTC, is all set to issue its first-ever initial public offering. IRCTC's four prominent businesses are -- internet ticketing, travel and tourism, packaged drinking water under Rail Neer and catering on trains and platforms. IRCTC sells almost 8 lakhs tickets every day through its website www.irctc.co.in …

IRCTC files draft papers with SEBI for IPO; company plans to raise about Rs 500-600 cr
5 years, 7 months ago

IRCTC files draft papers with SEBI for IPO; company plans to raise about Rs 500-600 cr

Firstpost  

New Delhi: Indian Railway Catering and Tourism Corporation has filed draft papers with markets regulator SEBI for its initial public offer. As many as 2 crore equity shares of face value of Rs 10 each would be offloaded through an offer for sale by the government. According to market sources, the IPO would be worth about Rs 500-600 crore. IRCTC …

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