Table of Contents
- Log in to your AxisDirect account.
- Under Trading tab, click on IPO/OFS section.
- Click on “Current IPO/FD/OFS” tab.
- Select ‘IRCTC’ & “apply”
Can I buy IRCTC IPO today?
(iii) Currently, IRCTC operates in four business segments, namely, internet ticketing, catering, packaged drinking water under the “Rail Neer” brand, and travel and tourism….IRCTC IPO Details:
| Open Date: | Sep 30 2019 |
|---|---|
| Lot Size: | 40 Shares |
| Issue Price: | ₹ 315-320 Per Equity Share |
| Retail Discount: | 10 |
| Listing At: | NSE,BSE |
How do you buy pre IPO before it goes public?
Use a Specialized Broker Brokers and financial advisors often take part in pre-IPO trades. They may have acquired stocks that they are willing to sell or represent sellers who seek buyers. You can ask your current broker about pre-IPO stocks or use a broker that specializes in pre-IPO sales.
How do I start investing in an IPO?
So, read on to know how to invest in IPOs online.
- Decision. The first step is to choose the IPO that you wish to apply for.
- Funding. You can use your savings to invest in an IPO.
- Demat-cum-trading account. A demat account is a prerequisite to apply for an IPO.
- Application process.
- Bidding.
- Allotment.
What is Irctc IPO price?
The Initial Public Offering (IPO) of IRCTC received a solid response. The IPO whose issue price was just Rs 320, was subscribe fully during the launch. The price of 1 lot was Rs 12,800. The stock was listed at a premium of Rs 644.
How can I book Irctc IPO in Zerodha?
Here are the steps to apply in an IPO:
- Login to the Zerodha Kite website.
- Go to Console >> Portfolio >> IPO.
- Choose the IPO you want to apply for from the list.
- Enter your UPI ID and enter bid details like price, quantity, etc.
- Check the details and Click Submit.
What is IRCTC IPO price?
How is IPO done?
An IPO is an offer of shares by a company in exchange for capital. The entire process is regulated by SEBI – the Securities & Exchange Board of India. To buy shares of any company in an IPO, you have to bid for these shares. If you participate and buy stocks in an IPO, you become a shareholder of the company.
Is the IRCTC IPO a good short term investment?
IRCTC as a company is very good and has very high reputation for its services. So, just as a short term investment — benefiting from gap-up, the IPO seems to be good IRCTC is a subsidiary of the Indian Railways that handles the catering, tourism and online ticketing operations.
What is the PE (price/earnings) of IRCTC IPO at Rs 320?
IRCTC IPO Price Band is Rs 315 to Rs 320. If we consider its EPS for last year FY2019 of Rs 17.04 on the higher price band of Rs 320 the P/E works out to be 20.6x. If we consider its EPS for the last 3 years of Rs 15.5 on the higher price band of Rs 320 the P/E works out to be 18.8x.
What is the revenue of IRCTC in India?
1) Company revenues are at Rs 1602.8 Crores for the year ended Mar-17 and Rs 1,956.6 Crores for the year ended Mar-19. 2) Company profits are Rs 229 Crores for the year ended Mar-17 and Rs 272.5 Crores for the year ended Mar-19. 3) Its FY2019 EPS is Rs 17.04 and last 3 years average EPS is Rs 15.5. What is the of IRCTC Credit Rating?
Is openoveirctc a good dividend pay-out stock to invest?
OveIRCTC has a good dividend pay-out track record, as it paid 50\% average payout in the last 3 years the past two years, though, IRCTC has clocked 10.3\% annual growth, with revenues rising to ₹1,868 crore in the fiscal year 2019. These are a few takeways from this stock, it seems bullish when it comes to investing.