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

The RVNL offer comprises of 12.12 per cent of paid-up equity share capital of the company.

This is the first Central Public Sector Enterprise (CPSE) disinvestment in the current fiscal, which started on April 1.

The IPO received bids for 3,87,41,820 shares till 1:30 pm against 25,34,57,280 units on offer.

The RVNL offer comprises of 12.12 per cent of paid-up equity share capital of the company.

Analysts said investors with a long-term horizon may subscribe to the issue.

Here's a look at the top stocks that may hog the limelight in today's session.

Investors bid for 96.6 million shares, or 9.76 times the 9.9 million shares on offer.

The offer for sale (OFS) received bids for 42,24,090 shares compared with the total issue of 9,905,157 shares.

The offer for sale (OFS) of 99,05,157 shares comes at Rs 470-475 per share.

In the case of Ircon, the company has historically been debt free.

The equity shares of these companies will be listed on BSE and NSE.

The government is set to divest around 10 per cent in its railway subsidiary Ircon International, to raise around Rs 467 crore.

At the upper end of the price band of Rs 185 a scrip, the IPO would fetch around Rs 460 crore to the exchequer.

The IPOs are a part of the govt's target to garner Rs 80,000 crore through stake sales in 2018-19.

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

Disinvestment plans of Ircon and Rites is unlikely to take off in the near future. Highly-placed sources in the government told ET that no ...