IRCTC makes stellar debut, lists at 103% premium to issue price2 min read 14 Oct 2019, 10:31 AM IST
In the last two financial years, IRCTC had clocked 10.3% annual growth
The stock was listed at ₹644 apiece, a premium to its issue of ₹320 per share
Mumbai: Indian Railway Catering and Tourism Corporation (IRCTC) made a stellar debut on stock markets on Monday. The stock was listed at ₹644 apiece, a premium to its issue of ₹320 per share. The ₹645 crore initial public offering (IPO) was subscribed 112 times at a price band of ₹315- ₹320 per share. The issue was open for subscription between 30 September and 4 October.
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