Indian Railway Catering and Tourism Corporation Limited
30 Sep 2019 – 03 Oct 2019
LISTED
Offer Price
₹315–320
Bid lot
40
Min Application
₹12,800
Issue Size
₹645 Cr
Key dates
Open date
30 Sep 2019
Done
Close date
03 Oct 2019
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
14 Oct 2019
Today
Issue reservation
₹645 CrQIB 50%Retail 35%5%
QIB
1.01 Cr sh · ₹322.50 Cr
Retail
70.5 L sh · ₹225.75 Cr
Employee
10.1 L sh · ₹32.25 Cr
BRLM: YES Securities (India) Limited · SBI Capital Markets Limited · IDBI Capital Markets & Securities Limited
Lot ladder — how much to bid
1 lot = 40 sharesRetail · Up to ₹2 L1–15 lots
Min · 1 lot
40 sh · ₹12,800
Max · 15 lots
600 sh · ₹1,92,000
S-HNI · ₹2 L to ₹10 L16–78 lots
Min · 16 lots
640 sh · ₹2,04,800
Max · 78 lots
3,120 sh · ₹9,98,400
B-HNI · Above ₹10 L79+ lots
Min · 79 lots
3,160 sh · ₹10,11,200
Entry point
₹10,11,200 onward
Issue details
Lead managersYES Securities (India) Limited, SBI Capital Markets Limited, IDBI Capital Markets & Securities Limited
Face value₹10
Listing onNSE
RegistrarAlankit Assignments Limited
Live subscription
66.57×
0×1×2×3×+
Oversubscribed
Book₹580.50 Cr
Subscribed₹38,645 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 1,00,78,125₹322.50 Cr | 1,09,63,99,219₹35,085 Cr | 108.79× |
| HNI | 30,23,438₹96.75 Cr | 1,07,18,69,063₹34,300 Cr | 354.52× |
| Retail | 70,54,688₹225.75 Cr | 10,53,97,031₹3,373 Cr | 14.94× |
| Employee | 10,07,813₹32.25 Cr | 58,65,469₹187.70 Cr | 5.82× |
| Total | 1,81,40,626₹580.50 Cr | 1,20,76,61,719₹38,645 Cr | 66.57× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 35,084.78 |
| HNI | 34,299.81 |
| Retail | 3,372.70 |
| Employee | 187.70 |
| Total | 38,645.18 |
Amounts at the upper band (₹320). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Indian Railway Catering and Tourism Corporation Limited IPO?
One lot of 40 shares — ₹12,800 at the upper price band of ₹320.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2019-10-14 on NSE.