Registered Office:
11th Floor B-148,Statesman House Barakhamba Rd,
New Delhi -
110001,
New Delhi, India.
Phone : 91-011-23311263-64 Fax:91-011-233311259
Email : companysecretary@irctc.com
Website : www.irctc.com
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| Initial Public Offering of 20,160,000 equity shares of face value of (Rs)10 each ("equity shares") of Indian Railway Catering and Toursim Corporation Limited ("IRCTC") (the "company" or the "issuer") through an offer for sale by the President of India, acting through the Ministry of Railways, Government of India (the "selling shareholder"), for cash at a price of (Rs) 320.00* per equity share (including a share premium of (Rs) 310 per equity share) (the "offer price"), aggregating to (Rs) 637.96# Crores (the "offer"). The offer comprises of a net offer (defined Below) of 20,000,000 equity shares and employee reservation portion (defined below) of 160,000 equity shares. The offer less employee reservation portion is referred to as the net offer. The offer and the net offer shall constitute 12.60% and 12.50%, respectively of the Post-offer paid-up equity share capital of the company.
The face value of the equity shares is (Rs)10 each. The offer price is 32 times the face value of the equity shares.
*Retail Discount of (Rs) 10 per Equity Share to the Offer Price was offered to the Retail Individual Bidders and Employee Discount of (Rs) 10 per Equity Share to the Offer Price was offered to the Eligible Employees Bidding in the Employee Reservation Portion.
#Subject to finalization of the Basis of Allotment.
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| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 30-Sep-19 |
03-Oct-19 |
320.00-0.00 |
0.00-0.00 |
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Minimum Application for shares in Nos :
40
Further Multiples of :
40
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|
| |
(Rs.Cr) |
Lead Managers to the Issue |
| Project Cost |
0.00 |
IDBI Capital Markets & Securities Ltd
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| Project Financed through Current Offer |
637.97 |
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| Post Issue Equity Share Capital |
160.00 |
|
| Issue Price |
320.00 |
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