IRCTC IPO more than double on Stock Market debut
IRCTC saw huge demand for its shares in the three-day initial public offering which ended on October 3.
IRCTC saw huge demand for its shares in the three-day initial public offering which ended on October 3.
There are three other listed entities associated with the Railways: Rail Vikas Nigam, Rail India Technical and Economic Service (RITES) and Indian Railway Construction Company (IRCON).
The maximum number of shares retail investors can bid is 640 or 16 lots at lower price band ( ₹1,95,200) as well as 640 or 16 lots at upper price band ( ₹1,95,200-1,98,400).
IDBI Capital Markets & Securities, SBI Capital Markets and Yes Securities (India) are books running lead managers to the issue.