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  • The Indian Railway Catering and Tourism Corporation Limited (IRCTC) Related news

The Indian Railway Catering and Tourism Corporation Limited (IRCTC) Related news

IRCTC to pay around Rs 1.62 L as compensation after Tejas Express delayed

IRCTC to pay around Rs 1.62 L as compensation after Tejas Express delayed

A delay of more than three hours in the running of Delhi-Lucknow Tejas Express on October 19 has cost IRCTC around Rs 1.62 lakh which the railway subsidiary will pay through its insurance companies as compensation to around 950 passengers, a first in the history of Indian Railways, officials said on Monday.

IRCTC share prices surge today, hit new high

IRCTC share prices surge today, hit new high

IRCTC shares, which made a bumper debut on Monday, hit a new high today. Shares of the Railway company surged as much as 9% to a new high of ₹789.9. In latest trade, IRCTC shares were up 6% to ₹767 as compared to a 0.45% gain in Sensex. On Monday, IRCTC's share prices more than doubled as compared to its issue price of ₹320, the best debut since 2017.

On fast track: IRCTC shares make stellar debut with 128% listing gains

On fast track: IRCTC shares make stellar debut with 128% listing gains

Shares of state-owned mini ratna Indian Railway Catering and Tourism Corporation (IRCTC) made a stellar debut on Monday with listing gains of 128%. The stock ended the day at `728, which is more than double its issue price of `320. At closing, the newly-listed company’s market capitalisation stood at `11,658 crore, which makes it more valuable than other leading listed financial companies. This is the best listing in two calendar years, even as five other companies have clocked listing gains over 100%, including Avenue Supermarts, which had jumped 114% on the listing day.

IRCTC IPO: Best listing in two years; stock opens at double the issue price, but markets want more

IRCTC IPO: Best listing in two years; stock opens at double the issue price, but markets want more

IRCTC Ltd’s stock made its stock market debut with a bang today, with the best stock market listing by any stock in the last two years. IRCTC stock opened at Rs 644 for trading on Monday on BSE, more than double the IPO price of Rs 320 per share, and immediately started surging, indicating the appetite of investors hungry for buying stakes in quality PSUs.

IRCTC IPO allotment status: How to check

IRCTC IPO allotment status: How to check

Now, all eyes are on allotment of shares for those who had subscribed to IRCTC IPO. The IPO of IRCTC, which closed for subscription on October 3, attracted bumper demand and the issue was subscribed nearly 112 times. The allotment process is likely to be completed by today evening or tomorrow.

IRCTC IPO in huge demand; subscribed 78 times so far on final day

IRCTC IPO in huge demand; subscribed 78 times so far on final day

The initial public offering of Indian Railway Catering and Tourism Corporation (IRCTC) was subscribed 77.91 times so far on the final day of bidding on Thursday.

The IPO to raise about Rs 645 crore received bids for 157 crore shares against the total issue size of 2 crore scrips, according to data available with the exchanges till 1530 hours.

Brokerages give thumbs up to IRCTC initial public offer

Brokerages give thumbs up to IRCTC initial public offer

Analysts are upbeat on the Rs 645-crore initial public offer of the state-owned Indian Railway Catering and Tourism Corporation (IRCTC), which opens for subscription today, on account of the company's growth potential and attractive offer price.

IRCTC IPO: Rs 645 crore issue opens on Sep 30; price band Rs 315-320 per share

IRCTC IPO: Rs 645 crore issue opens on Sep 30; price band Rs 315-320 per share

The Initial Public Offering (IPO) of the state-run Indian Railway Catering and Tourism Corporation (IRCTC) will open for subscription on September 30 with a price band of Rs 315-320 per share. A total of 1.6 lakh equity shares have been reserved for the employees, a company statement said, adding that all the proceeds from the sale will go to the selling shareholder.

IRCTC IPO for Rs 650 crore opens on September 30; check price band, bid lot, other details

IRCTC IPO for Rs 650 crore opens on September 30; check price band, bid lot, other details

The much awaited railway PSU Indian Railway Catering and Tourism Corporation (IRCTC) IPO for Rs 645 crore will hit the stock market on September 30. IRCTC IPO will remain open for subscription between September 30th and October 3rd. The government looks to raise to raise up to Rs 645.12 crore at the higher end of the price band. The railway PSU has set a price band of Rs 315-320 for its intended share sale.

IRCTC launches new Bharat Darshan tourist package: Ticket, route, other details

IRCTC launches new Bharat Darshan tourist package: Ticket, route, other details

The Indian Railway Catering and Tourism Corporation (IRCTC) is starting a special "Bharat Darshan" tourist package from September 27. It will cover all the places related to Mahatma Gandhi, said IRCTC in a press release. The "Bharat Darshan" tourist package includes a trip to the world's tallest statue — Statue of Unity of Sardar Vallabhbhai Patel in Gujarat's Vadodara.

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