Irctc ipo
WebOct 4, 2024 · One need look no further than the Indian Railway Catering and Tourism Corporation (IRCTC) IPO, which closed on Thursday, to understand why. The numbers … WebOct 4, 2024 · IRCTC IPO subscribed 112 times, highest for a PSU firm. The Rs 645-crore initial public offering of state-owned Indian Railway Catering and Tourism Corporation …
Irctc ipo
Did you know?
WebIRCTC IPO – Valuation Angle. The company is valued at Rs.5,120 crore at the upper price band and the valuation is pegged at Rs.5,040 crore at lower band. The company is commanding a price-to-earnings multiple of 18.8 times at the higher end of the price band. This is quite attractive considering the factors that work in favour of its business ... WebOct 3, 2024 · IRCTC has set IPO has a price band of Rs 315-320 per share. At the upper price band, the stock is available at P/E multiple of 18.8 times to its FY19 EPS of Rs 17. Anand Rathi Financial Services said that the company revenues should shoot up in the next 1-2 years due to the convenience fee and privatisation of two routes.
WebSep 25, 2024 · The initial public offer (IPO) of IRCTC Limited offers an early investment opportunity in IRCTC Limited. A stock market investor can buy IRCTC IPO shares by … WebOct 11, 2024 · Contact Person: Suman Kalra, Company Secretary and Compliance Officer; Telephone: +91 11 2331 1263 / 64; E-mail: [email protected]; Website: www.irctc.com; Corporate Identity Number: U74899DL1999GOI101707 OUR PROMOTER: THE PRESIDENT OF INDIA ACTING THROUGH THE MINISTRY OF RAILWAYS, GOVERNMENT OF INDIA
WebOct 17, 2024 · The IPO got an overwhelming response from investors and was subscribed a whopping 112 times. Analysts say attractive valuation of the company was the main reason behind this subscription. On Monday, IRCTC shares were listed at Rs 644 compared to the issue price of Rs 320 and closed at Rs 729, valuing the company at Rs 11,700 crore. WebSep 27, 2024 · IRCTC’s earnings per share as of March comes to Rs 17. At the upper end of the IPO price band, price-to-earnings ratio stands at 18.8 times its FY19 estimates, according to BloombergQuint’s calculations. “Based on parameters such as strong earnings profile, diversified business segment, healthy return ratios, debt-free status and monopoly ...
WebApr 15, 2024 · Indian Railway Catering & Tourism Corporation (IRCTC Limited) is an Indian Railway subsidiary established by the Ministry of Railways to manage Indian railway catering, online ticketing and tourism operations. The core activities of the company include Catering & Hospitality, Internet ticketing, Travel & Tourism and Packaged Drinking Water …
Web1 day ago · Online Food Delivery in Train Market Overview 2024 to 2030, Future Trends and Forecast IRCTC E-catering, Railretro, RailMitra, Travelkhana Published: April 14, 2024 at 3:20 a.m. ET curious expedition 2 v3 1WebIRCTC IPO is a main-board IPO of 20,160,000 equity shares of the face value of ₹10 aggregating up to ₹645.12 Crores. The issue is priced at ₹315 to ₹320 per share. The … easy handmade wedding giftsWebOct 14, 2024 · IRCTC makes stellar stock market debut Mint Get Mint Premium at just ₹2949 Gainers & Losers Fri Mar 31 2024 15:59:50 Top Gainers Top Losers Reliance Industries 4.29% Nestle India 3.3% Infosys... easy hand pies recipesWebOct 3, 2024 · IRCTC is offering shares at ₹ 315-320 per share but retail investors get a discount of ₹ 10 per share. So the effective price band of IRCTC IPO for retail investors is ₹ 305-310 per share ... easy hand sewing machineWebApr 15, 2024 · Tata Technologies IPO 'टाटा टेक्नॉलॉजी' सोबत शेअर बाजारात 'टाटा मोटर्स' कंपनीच्या शेअरची ही चर्चा होत आहे. 'टाटा टेक्नॉलॉजी' कंपनीच्या आयपीओचा 'टाटा मोटर्स ... curious expedition 攻略WebOct 14, 2024 · Investors who invested in the IRCTC IPO doubled their money in a single day. Retail investors and employees earned Rs 10 more for each share, as they got shares at a … curious explorers bromstone ofstedWebOct 1, 2024 · Recent IRCTC IPO is reflecting similar vibes and looks like the history is repeating itself. But, nothing can be said with 100% surety and therefore, the future of IRCTC is still veiled. Even though, the company is backed in its monopoly by the government itself and enjoys entire market share. But, who knows what’s on cards? easy hand pie recipe with premade dough