Shares of IRCTC will make their debut on BSE and NSE today. The IPO of IRCTC, which was open for subscription between September 30 and October , was subscribed a massive 112 times. The retail category was subscribed nearly 15 times while qualified institutional buyers (QIBs) segment got subscribed 109 times and non-institutional investors (NIIs) category 355 times. The issue price has been fixed at ₹320 per share. Since retail investors received shares at a discount of ₹10 per share, for them the issue price is ₹310 per share.
The issue comprises an offer-for-sale of 2.01 crore shares of face value of ₹ 10 each. Many analysts had recommended subscribe to the IRCTC IPO and also pointed out to potential listing gains.