The state-run company said its revenue from operation surged 64.59 per cent.

Yogesh Mehta, Founder at Yield Maximiser said that the scrip was undervalued at the time of IPO.

The company has a market share of 73% and 45% in rail bookings and packaged drinking water.

The IPO saw an overall 165.68 times subscription by end of third and final day of the bidding process.

Going by the current grey market premium, the issue is likely to see robust listing.

IRCTC’s performance is in contrast with other PSU IPOs.

In its blockbuster market debut, IRCTC's stock closed 127.69% higher than its issue price on BSE.

Half of the PSU IPOs in the last 10 years debuted at a discount.

In last five years, Calendar 2017 was perhaps among the most fruitful one for IPO investors.

Led by demand from institutions and rich investors, the IPO got bids for 225.6 crore shares.

The qualified institutional buyers (QIB) quota was subscribed 108.8 times, NII 354 times.

IRCTC has set IPO has a price band of Rs 315-320 per share. At the upper price band, the stock is available at P/E multiple of 18.8 times t...

IRCTC has set IPO has a price band of Rs 315-320 per share.

The issue is an offer for sale and is a part of the government's divestment process.

IRCTC is offering a discount of Rs 10 per share to retail investors and employees.

The IPO has a price band of Rs 315-320 per share, and closes on October 3.

The issue comprises an offer for sale of 2,01,60,000 shares.