IRCTC IPO Subscription Status
IRCTC IPO was subscribed 111.91 times when bidding closed on 3 Oct 2019: QIB 108.79x, NII 354.52x, Retail 14.83x.
The Indian Railway Catering and Tourism Corporation IPO has been subscribed 111.91x times overall. Retail investors have shown interest with bids for 14.83x the shares available. The Non-Institutional Investor (NII) category has been subscribed 354.52x. Qualified Institutional Buyers (QIBs) have subscribed 108.79x. Data last updated on 12 Nov, 03:12 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 30 Sep, 2019 and closes on 03 Oct, 2019. The shares are expected to list on stock exchanges on 14 Oct, 2019.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | - of - - | 108.79x |
| NII | - of - - | 354.52x |
| Retail | - of - - | 14.83x |
| Employee | - of - - | 5.81x |
| TOTAL | - - | 111.91x |
Indian Railway Catering and Tourism Corporation IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 6.7% for a single lot.
Market Sentiment
Strong grey market premium of 70% suggests exceptional listing gains and high bullish sentiment among traders.
Institutional Backing
Massive institutional interest with QIBs subscribing 108.79x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 1-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
03 Oct 2019
Day 1 |
111.91x | ▼ | |
|
QIB108.79x
BHNI-
SHNI-
Retail14.83x
Employee5.81x
|
|||
Indian Railway Catering and Tourism Corporation IPO dates
From the bidding window to listing. Today is 12 November.
- Open 30 Sep 2019
- Close 03 Oct 2019
- Allotment 09 Oct 2019
- Refund/credit 10 Oct 2019
- Listing 14 Oct 2019
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Indian Railway Catering and Tourism Corporation IPO?
As of IPO close date (03 Oct, 2019), the Indian Railway Catering and Tourism Corporation IPO is subscribed 111.91x times. Retail category is 14.83x, and NII is 354.52x subscribed.
When is the allotment date for Indian Railway Catering and Tourism Corporation IPO?
The allotment for Indian Railway Catering and Tourism Corporation IPO is expected to be finalized on 09 October, 2019.
What is the GMP of Indian Railway Catering and Tourism Corporation?
The Grey Market Premium (GMP) for Indian Railway Catering and Tourism Corporation is currently ₹225, indicating a potential listing gain of 70%.
When will Indian Railway Catering and Tourism Corporation IPO list on the stock market?
Indian Railway Catering and Tourism Corporation is scheduled to list on BSE and NSE on 14 October, 2019.
What are the chances of getting allotment in Indian Railway Catering and Tourism Corporation IPO?
The retail category is oversubscribed at 14.83x, meaning allotment is by lottery. Statistically, approximately 1 in 15 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 108.79x mean for Indian Railway Catering and Tourism Corporation IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 108.79x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Indian Railway Catering and Tourism Corporation IPO allotment status?
After the allotment date (09 Oct, 2019), you can check your Indian Railway Catering and Tourism Corporation IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Indian Railway Catering and Tourism Corporation IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
Subscription moves by the hour. Get it on your phone.
Live GMP alerts, subscription updates and allotment status for every Mainboard and SME issue — fast, free and secure.
Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
