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Irctc ofs

WebDec 11, 2024 · IRCTC has a monopoly in the area of operations — catering, tourism and online ticketing for Indian Railways. It had net cash of Rs 1,535 crore as on September … WebDec 10, 2024 · As part of the plan, the Centre has proposed to sell up to 2.4 equity shares of IRCTC — representing 15 per cent of the total shares issued and paid-up equity share …

IRCTC OFS update! - INDMoney

WebDec 15, 2024 · The government's offer-for-sale (OFS) of up to 5% stake in Indian Railway Catering and Tourism Corporation (IRCTC) at a floor price of ₹680 a share opened for … WebShares of IRCTC slid on the bourses on Thursday over Wednesday's closing price of ₹ 734.70. The government's offer-for-sale (OFS) of up to 5 per cent stake in Indian Railway Catering and... the poydras mobile home https://wlanehaleypc.com

Indian Railways (IRCTC) Stock Down After Centre Says It Will Sell …

WebDec 14, 2024 · NEW DELHI: The government will on Thursday sell up to 5 per cent stake in IRCTC through an offer for sale (OFS) at a floor price of Rs 680 a share. The OFS includes base issue size of 2 crore ... WebDec 10, 2024 · IRCTC, the only entity authorised by Indian Railways to provide catering services, online railway tickets and packaged drinking water at railway stations and trains … WebAug 29, 2024 · IRCTC clarifies on reports of govt dropping OFS plans 1 min read . Updated: 29 Aug 2024, 05:25 PM IST Livemint IRCTC shares closed nearly 4% lower IRCTC said it is not aware of any... si food and more

IRCTC shares drop by 5% as sale of govt

Category:On first day, IRCTC’s OFS oversubscribed 3.08 times

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Irctc ofs

IRCTC shares drop 5% as govt announces stake sale via OFS

WebDec 10, 2024 · Moneycontrol News. Shares of Indian Railway Catering & Tourism Corp (IRCTC) fell 13 percent intraday on December 10 after the company said that the government is planning to sell up to 20 percent ... WebDec 11, 2024 · The floor price for the OFS was set at Rs 1,367 per shares, at a 15.52% discount to IRCTC's closing price of Rs 1,618.05 on Wednesday, 9 December 2024. The OFS opened on Thursday (10 December 2024) for non-retail investors, while both retail as well as non-retail investors were allowed to subscribe on Friday (11 December 2024).

Irctc ofs

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WebAbout IRCTC: It is a company that operates as a part of India's public sector and supplies the Indian Railways with services such as tourism, ticketing, and catering. This company's name literally translates to "Indian Railways Public Sector Company." The government is in charge of monitoring how it runs its operations. WebDec 14, 2024 · IRCTC is the tourism and catering arm of the Indian Railways. At present, the government owns 67.4 per cent stake in IRCTC. The stake sale will mop up close to Rs …

WebDec 15, 2024 · Overall, the Centre will offload a 5% stake or 4 crore equity shares in IRCTC. As per the regulatory filing, under the base offer, the government is offering 2 crore equity shares for sale to... WebDec 15, 2024 · Shares of Indian Railway Catering and Tourism Corporation (IRCTC), the ticketing and catering arm of Indian Railways, dropped over 5% in opening trade on Thursday as the government proposed to offload its stake …

WebDec 15, 2024 · Shares of Indian Railway Catering and Tourism Corporation (IRCTC) fell 3 per cent to Rs 668.25 on the BSE in Friday's intra-day trade amid heavy volumes. In the past two trading days, the stock of the tour and travel related services company has dipped 9 per cent after the government announced i

WebDec 10, 2024 · IRCTC, the only entity authorised by Indian Railways to provide catering services, online railway tickets and packaged drinking water at railway stations and trains in India, was listed on the stock exchanges in October 2024. The company had raised Rs 645 crore through an IPO at that time.

WebDec 15, 2024 · The OFS will open for subscription by retail investors on Friday. The government currently holds 67.40 per cent stake in IRCTC. Proceeds from IRCTC OFS will add to the disinvestment kitty of... the poynor groupWebDec 15, 2024 · Indian Railway Catering and Tourism Corporation (IRCTC) dropped 4.70% to Rs 700.20 after the offer for sale (OFS) opened for non-retail investors today, 15 December 2024.Through the OFS, the Government of India proposes to sell up to 2 crore equity shares (representing 2.5% stake), with an option to sell an additional 2.5% stake or 2 crore equity … the poynt 45 wollaton st nottingham ng1 5fwWebirctc share,irctc share news,irctc share today,irctc share price,irctc share target,irctc share result,irctc share review,irctc share analysis,irctc share ne... the pox part 3 full houseWebDec 17, 2024 · Thanks to institutional investors, the governments offer for sale (OFS) in the Indian Railway Catering and Tourism Corporation ( IRCTC) on Thursday-Friday received bids worth Rs 5,086 crore,... sifo puzzle wooden informationWebDec 11, 2024 · IRCTC shares closed 10% lower on Thursday, after the government proposed to sell up to 20% equity stake in the company. The government looks to raise up to ₹4,374 crore through an offer for sale (OFS), on Thursday and Friday. The floor price for the sale has been set at ₹ 1,367 per share. the poynting vector physically denotesWebDec 17, 2024 · The IRCTC OFS has been successfully concluded. As many as 3.20 cr equity shares of the Company (20% of the total outstanding equity shares have been sold - 15% as base offer & 5% as green shoe offer) for a total consideration of Rs 4374 cr … the poyos group clgWebDec 15, 2024 · IRCTC shares sank 5% as the government announced an OFS (offer for sale) for up to 5% of the stake in IRCTC (Indian Railway Catering and Tourism Corporation). sifo phones