Check IRCTC IPO allotment status; here is how to do it in simple steps at ipo.alankit.com
IRCTC IPO issue was subscribed nearly 112 times. A huge number of people invested their money and now they are eager to find out whether they received any shares. IRCTC IPO allotment status can be checked on ipo.alankit.com and we will explain the same here. Notably, the Indian Railways has come out with three IPOs of its subsidiaries namely Rail Vikas Nigam Limited (RVNL), (Rail India Technical and Economic Service) RITES and (Indian Railway Construction Company Limited) IRCON.
Indian Railways Mini-Ratna company Indian Railways Catering and Tourism Corporation or IRCTC will be listing its shares on October 14th. The IRCTC IPO allotment process is expected to conclude today. As per market experts, IRCTC IPO is going to give 50% to even 75% returns on listing day. The registrar of the IRCTC IPO, Alankit Assignments, will take care of share allotment and refund processing for the investors. IRCTC shares will get listed on both BSE and NSE on 14th October. After this IPO, the government's stake in IRCTC will come down to 87.4%.