The initial public offer (IPO) of Indian Railway Catering and Tourism Corporation (IRCTC) was subscribed 111.84 times.

The issue has received bids for 225.46cr shares on October 3, 2019, as against 2.01cr shares on offer, as per the NSE data.

The issue opened for bidding on September 30, 2019, and it closes on October 3, 2019. The price band was fixed at Rs315 to Rs320 per share.

The book running lead managers to the offer are IDBI Capital Markets & Securities Limited, SBI Capital Markets Limited and YES Securities (India) Limited.

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