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What is IRCTC IPO Details and Performance Insights about?

1. IRCTC is offering 20.16 million shares for sale through an IPO at a price range of INR 315-320 per share to raise INR 627.88-637.96 crore. 2. IRCTC provides catering, online ticket booking, and packaged drinking water in Indian Railways. It has grown steadily over the last 3 years. 3. The IPO saw strong demand, oversubscribing 111 times on the final day, and listed at INR 626 per share, a 101.9% premium over the issue price.

Author

Vinay Kalra

Language

EN