IRCTC Initial Public Offer (IPO) Subscribed 81% On Day 1: 10 Things To Know

Subscription status: At the end of the first day of issue, bids for 1.64 crore shares were received out of the total 2.02 crore shares on offer under the IRCTC IPO. That marked a subscription of 81.32 per cent, data from the National Stock Exchange (NSE) showed. Issue size: IRCTC is selling 2.01 crore shares under the IPO. At the upper end of the price band, the company is valued at Rs. 5,120 crore, and Rs. 5,040 crore at the lowe...