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Indian Railway Catering & Tourism Corporation Ltd

Registered Office: 11th Floor B-148,Statesman House Barakhamba Rd, New Delhi - 110001, New Delhi, India.
Phone : 91-011-23311263-64   Fax:91-011-233311259
Email :  companysecretary@irctc.com  
Website :  www.irctc.com

Initial Public Offering of 20,160,000 equity shares of face value of Rs.10 each ("equity shares") of Indian Railway Catering and Toursim Corporation Limited ("IRCTC") (the "company" or the "issuer") through an offer for sale by the President of India, acting through the Ministry of Railways, Government of India (the "selling shareholder"), for cash at a price of Rs. 320.00* per equity share (including a share premium of Rs. 310 per equity share) (the "offer price"), aggregating to Rs. 637.96# Crores (the "offer"). The offer comprises of a net offer (defined Below) of 20,000,000 equity shares and employee reservation portion (defined below) of 160,000 equity shares. The offer less employee reservation portion is referred to as the net offer. The offer and the net offer shall constitute 12.60% and 12.50%, respectively of the Post-offer paid-up equity share capital of the company. The face value of the equity shares is Rs.10 each. The offer price is 32 times the face value of the equity shares. *Retail Discount of Rs. 10 per Equity Share to the Offer Price was offered to the Retail Individual Bidders and Employee Discount of Rs. 10 per Equity Share to the Offer Price was offered to the Eligible Employees Bidding in the Employee Reservation Portion. #Subject to finalization of the Basis of Allotment.

Issue Money Payable On
Opens on Closes On Application Allotment
30-Sep-19 03-Oct-19 320.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 40   Further Multiples of : 40
  Rs(Cr.) Lead Managers to the Issue
Project Cost 0.00 IDBI Capital Markets & Securities Ltd
Project Financed through Current Offer 637.97  
Post Issue Equity Share Capital 160.00  
Issue Price 320.00  

Project

  • To Carry out the Disinvestment of 20,160,000 shares by the selling shareholder constituting 12.60% of the Company
  • To Achieve the benefits of listing of shares on the Stock Exchanges

Promoted By

The President of India

Listing At

BSE

NSE

Registrar to the Issue

Alankit Assignments Ltd

Attention Investor:

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