IRCTC makes a bumper debut; Lists at Rs644/share - Highlight Investment Research

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Monday, 14 October 2019

IRCTC makes a bumper debut; Lists at Rs644/share

Indian Railway Catering and Tourism Corporation (IRCTC) made a stellar debut on the stock exchanges today.


 The stock got listed at Rs644, a 101.25% premium over the issue price of Rs320 on the BSE.






Also, the stock made its stock market debut at a premium of 95.63% at Rs626 per share on the NSE compared to its issue price of Rs320 apiece.

The price band was fixed at Rs315 to Rs320 per share.

"Effective from Monday, October 14, 2019, the equity shares of IRCTC Ltd shall be listed and admitted to dealings on the exchange in the list of 'B ' Group of Securities," BSE said in a circular.



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