Are IPOs injurious to wealth?
Whether IPOs are PE backed or not, there’s a mystery surrounding them.
IRCTC hits fresh all-time high ahead of Q2 results
The market capitalisation of IRCTC has reached Rs 15,000 crore.
RailTel IPO process gains momentum
According to sources, the IPO will hit the market around mid-January 2020.
Railways protests against IRCTC public offer price
The Rs 645-crore initial public offering of state-owned Indian Railway Catering and Tourism Corporation may be a blessing for investors with its blockbuster listing but the railways still believe that the pricing of the PSU is undervalued.
IRCTC falls for second day, slips to Rs 700
The IPO was subscribed 112 times during the offer period between September 30 and October 4.
PSU IPOs not for the long haul. Is IRCTC a breed apart?
Half of the PSU IPOs in the last 10 years debuted at a discount.
IRCTC quotes 69-71% premium in grey market, promises strong listing gains
When interest in the primary market picks up, grey market activity picks up as well.
IRCTC IPO, subscribed 112 times, is the most successful in 20 months
Led by demand from institutions and rich investors, the IPO got bids for 225.6 crore shares.
Too high too fast? IRCTC on a roll, but run may not last
IRCTC’s performance is in contrast with other PSU IPOs.
IRCTC High: Sluggishness in the IPO market is unlikely to end soon
In its blockbuster market debut, IRCTC's stock closed 127.69% higher than its issue price on BSE.
IRCTC to make stock market debut Today
The shares of IRCTC will be listed on the BSE and the National Stock Exchange (NSE).
IRCTC IPO subscribed 81% on Day 1
The issue is an offer for sale and is a part of the government's divestment process.
IRCTC IPO commands strong premium in grey market
IRCTC is offering a discount of Rs 10 per share to retail investors and employees.
Rupee recovers from day's lows, settles 20 paise higher
Rupee recovered from morning lows amid foreign fund inflows in primary market and lower dollar index.
IRCTC IPO overall subscribed 112 times, NII quota 354 times
The qualified institutional buyers (QIB) quota was subscribed 108.8 times, NII 354 times.
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