| IPO Listing At | BSE, NSE |
| IPO Issue Type | Book Build Issue |
| Issue Size | ₹637.97 Cr |
| Offer for Sale | ₹637.97 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน315.00-320.00 per share |
| Discount | Retail: 10.00,Employee: 10.00 |
| BSE Code | 542830 |
| NSE Code | IRCTC |
| Registrar | Alankit Assignments Ltd. |
| Lead Managers | SBI Capital Markets Ltd. |
| Allotment Status | |
| DRHP |
| Final Prospectus |
![]() โน0 A/C OpeningFree MF โน20F&O Trade โน0Delivery 1Cr+Customers Open Free Account โ |
![]() โน0 A/C Openingโน0 AMC Trading Account โน20F&O Trade โน20Delivery FreeIPO Apply Open Free Account โ |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 40 shares and in multiples thereof
Incorporated in 1999, state-owned Indian Railway Catering and Tourism Corporation Limited (IRCTC) is a wholly-owned subsidiary of Indian Railways. IRCTC handles tourism, catering, online ticket booking services and provides packaged drinking water in trains and at railway stations in the country. It was conferred as a Mini-Ratna or Category-I Public Sector Enterprise by the Indian Government in 2008.
The company website (www.irctc.co.in) is one of the most transacted websites in the Asia-Pacific region. As on 31st Aug 2019, around 1.40 million travelled on Indian Railways and more than 0.84 million passengers booked ticket online through the IRCTC website and mobile app on a daily basis. In the last three months ended on 30th June, nearly 15 to 18 million transactions were placed per month through the website.
IRCTC launched i-Pay payment gateway to manage domestic debit/credit transactions in October 2018. The company is working on technical capabilities and operational utility of the gateway to use it in additional market segments.
IRCTC also provides non-railway services including budget hotels, e-catering and executive lounges to create a one-stop solution for customers. Currently, the company operates majorly in four segments which are:
1. Travel and Tourism
IRCTC is specialised in rail tourism. It offers travel and tourism services across diversified segments such as air, land, rail, & cruise tour packages, hotel bookings and air ticket bookings.
2. Packaged Drinking Water
It is an authorized manufacturer and distributor of packaged drinking water on trains and at railway stations. The company manufactures packaged drinking water under brand name Rail Neer.
3. Catering Services
The company provides food catering services including on-board catering (through mobile) on trains and static catering services at stations.
4. Internet Ticketing
IRCTC has a mobile app (Rail Connect) and a dedicated website to offer online railway ticket booking facility.
Competitive Strengths
| # | Issue Expenses | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Payment to BRLMs (including underwriting commission, printing and stationary expenses) | 3.75 |
| 2 | Commission and processing fees for SCSBs and Bankers to the Issue and fee payable to the Sponsor Bank for Bids made by RIBs using UPI. | 1.18 |
| 3 | Brokerage and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs. | 0.02 |
| 4 | Fees payable to the Registrar to the Offer. | |
| 5 | Advertising and marketing expenses. | 7.74 |
| 6 | Others: Listing fee | 0.01 |
| 7 | SEBI filing fee, Stock Exchanges processing fee and book building software fees | 1.71 |
| 8 | Fees payable to Legal Counsels | 0.99 |
| 9 | Miscellaneous | 1.27 |
Last Updated on 03-Feb-2026 11:14:10