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Irctc ofs

WebShares of IRCTC slid on the bourses on Thursday over Wednesday's closing price of ₹ 734.70. The government's offer-for-sale (OFS) of up to 5 per cent stake in Indian Railway Catering and... WebDec 11, 2024 · IRCTC has a monopoly in the area of operations — catering, tourism and online ticketing for Indian Railways. It had net cash of Rs 1,535 crore as on September …

Govt to sell up to 5% stake in IRCTC on Thursday; floor price at Rs …

WebDec 14, 2024 · NEW DELHI: The government will on Thursday sell up to 5 per cent stake in IRCTC through an offer for sale (OFS) at a floor price of Rs 680 a share. The OFS includes base issue size of 2 crore ... WebApr 7, 2024 · Indian Railway Catering & Tourism Corp (IRCTC) shares remained under pressure for a second straight day on Thursday amid reports that the government is … popup mitower one man scaffold tower https://prediabetglobal.com

IRCTC share prices rebound today as OFS ends Mint

WebAug 29, 2024 · Shares of Indian Railway Catering and Tourism Corporation (IRCTC) ended at Rs 691.55, down by Rs 26.95, or 3.75 percent on the BSE. The union government has dropped its plans for IRCTC offer for sale (OFS) for now due to volatile market conditions, sources privy to the developments told CNBC-TV18. WebDec 16, 2024 · The Government of India is selling 4 crore shares or 5% stake in Indian Railway Catering and Tourism Corporation (IRCTC) at a floor price of Rs 680 a share. The OFS consists of base issue size... WebDec 15, 2024 · Shares of Indian Railway Catering and Tourism Corporation (IRCTC) fell 3 per cent to Rs 668.25 on the BSE in Friday's intra-day trade amid heavy volumes. In the past two trading days, the stock of the tour and travel related services company has dipped 9 per cent after the government announced i sharon mccrimmon

IRCTC OFS update! - INDMoney

Category:Indian Railways (IRCTC) Stock Down After Centre Says It Will Sell …

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Irctc ofs

IRCTC OFS subscribed 1.87 times The Financial Express

WebDec 11, 2024 · The floor price for the OFS was set at Rs 1,367 per shares, at a 15.52% discount to IRCTC's closing price of Rs 1,618.05 on Wednesday, 9 December 2024. The OFS opened on Thursday (10 December 2024) for non-retail investors, while both retail as well as non-retail investors were allowed to subscribe on Friday (11 December 2024). WebDec 14, 2024 · Shares of IRCTC jumped about 6 percent in intraday trade on BSE on December 14 after its offer for sale (OFS) concluded successfully on December 11. The …

Irctc ofs

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WebDec 16, 2024 · The OFS for retail investors opened today with the government expecting an overwhelming response, making way for exercising the greenshoe option. In the two-day OFS, the government is … WebDec 10, 2024 · IRCTC, the only entity authorised by Indian Railways to provide catering services, online railway tickets and packaged drinking water at railway stations and trains …

WebDec 15, 2024 · Shares of Indian Railway Catering and Tourism Corporation (IRCTC), the ticketing and catering arm of Indian Railways, dropped over 5% in opening trade on Thursday as the government proposed to offload its stake … WebDec 17, 2024 · The IRCTC OFS has been successfully concluded. As many as 3.20 cr equity shares of the Company (20% of the total outstanding equity shares have been sold - 15% as base offer & 5% as green shoe offer) for a total consideration of Rs 4374 cr …

WebDec 14, 2024 · The government is expected to garner ₹ 4,374 crore from the Offer for Sale (OFS) of the Indian Railway Catering and Tourism Corp (IRCTC) which closed on Friday. WebDec 11, 2024 · IRCTC OFS: The government holds 87.40 per cent stake in IRCTC. To meet Sebi's public holding norm, the government has to lower its stake in the company to 75 …

WebDec 10, 2024 · IRCTC, the only entity authorised by Indian Railways to provide catering services, online railway tickets and packaged drinking water at railway stations and trains in India, was listed on the stock exchanges in October 2024. The company had raised Rs 645 crore through an IPO at that time.

WebDec 10, 2024 · IRCTC, which is the only entity authorised by Indian Railways to provide catering services, online railway tickets and packaged drinking water at railway stations and trains in India, was listed on the stock exchanges in October 2024. The company has raised Rs 645 crore through an initial public offering (IPO). sharon mccreadyWebDec 14, 2024 · Government has decided to offload 5 per cent of its equity in Indian Railway Catering and Tourism Corporation (IRCTC). Shares will be sold with the help of Offer for … pop up mother\u0027s day card templateWebDec 11, 2024 · IRCTC Offer-for-Sale (OFS) The Government of India has announced a 20% stake sale in IRCTC via an Offer-for-Sale and here are some details: Floor price: Rs. 1,367 … sharon mccrory memphisWebThe full form of IRCTC is the Indian Railways Catering and Tourism Corporation. IRCTC is an Indian Railway subsidiary established by the Ministry of Railways to manage Indian … sharon mccready the championsWebDec 10, 2024 · Moneycontrol News. Shares of Indian Railway Catering & Tourism Corp (IRCTC) fell 13 percent intraday on December 10 after the company said that the government is planning to sell up to 20 percent ... sharon mcdaid osteopathWebDec 15, 2024 · The OFS will open for subscription by retail investors on Friday. The government currently holds 67.40 per cent stake in IRCTC. Proceeds from IRCTC OFS will add to the disinvestment kitty of... popup microsoft edgeWebDec 14, 2024 · IRCTC share news: The Central government will on Thursday sell up to 5 percent stake in IRCTC (Indian Railway Catering and Tourism Corporation) through an offer for sale (OFS) at a floor price of Rs 680 a share. The OFS includes a base issue size of 2 crore shares or 2.5 per cent stake, with an option to retain over-subscription of another … sharon mcdaid artist