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.

The railway PSU's offer was the most successful issue by a state-run company.

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

When interest in the primary market picks up, grey market activity picks up as well.

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.

The IPO is an offer-for-sale with the Centre divesting 12.6 per cent stake in the company.

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.

According to market sources, the IPO would be worth about Rs 500-600 crore.

IRCTC IPO could fetch about Rs 500 crore, while IRFC could garner close to Rs 1,000 crore.

The Railways plan to offload stakes in Ircon, IRCTC and Railtel. The government has already decided to dilute 28% in Rites through an IPO.