Indian Railway Catering & Tourism Corporation (IRCTC) is currently trading at Rs. 1484.95, down by 133.10 points or 8.23% from its previous closing of Rs. 1618.05 on the BSE.
The scrip opened at Rs. 1405.00 and has touched a high and low of Rs. 1524.40 and Rs. 1405.00 respectively. So far 604341 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1995.00 on 25-Feb-2020 and a 52 week low of Rs. 774.85 on 26-Mar-2020.
Last one week high and low of the scrip stood at Rs. 1793.00 and Rs. 1383.85 respectively.
The promoters holding in the company stood at 87.40%, while Institutions and Non-Institutions held 2.53% and 10.07% respectively.
The Government is planning to sell up to 20 per cent stake in IRCTC through an Offer for Sale (OFS) which opens for subscription. Offer for Sale in IRCTC opens December 10, 2020 for Non Retail investors. Day 2 for retail investors. Government would divest 15 per cent equity with a 5 per cent green shoe option.
The promoter proposes to sell up to 2,40,00,000 equity shares of IRCTC, representing up to 15 per cent stake, with an option to additionally sell 80,00,000 shares, representing 5 per cent of the total issued and paid up equity share capital. The floor price for the offer shall be Rs 1,367.
IRCTC is the only entity authorised by the Indian railways to provide catering services to railways, online railway tickets and packaged drinking water at railway stations and trains in India.
| Company Name | CMP |
|---|---|
| IRCTC | 832.40 |
| Transcorp Intl. | 33.48 |
| Thomas Cook (India) | 217.80 |
| TBO Tek | 1539.15 |
| Le Travenues Techno | 142.45 |
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