IRCTC IPO subscribed 112 times, highest for a PSU firm

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The Rs 645-crore initial public offering of state-owned Indian Railway Catering and Tourism Corporation (IRCTC) was subscribed almost 112 times, making it the most successful share sale in over 20 months. This makes it the best subscribed IPO since Apollo Micro Systems which was subscribed 250.7 times and Amber Enterprises India which was subscribed 115.3 times. Both the IPOs were launched in January 2018. IRCTC IPO is best subscribed IPO for a PSU firm.

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    The Rs 645-crore initial public offering of state-owned Indian Railway Catering and Tourism Corporation (IRCTC) was subscribed almost 112 times, making it the most successful share sale in over 20 months. This makes it the best subscribed IPO since Apollo Micro Systems which was subscribed 250.7 times and Amber Enterprises India which was subscribed 115.3 times. Both the IPOs were launched in January 2018. IRCTC IPO is best subscribed IPO for a PSU firm.

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