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IRCON International Limited IPO
MainboardRs 14,250 / 30 Shares
IRCON International Limited IPO Details
The IRCON International Limited IPO price band is set between Rs 470/- to Rs 475/- Per Equity Share ( Rs 10/- discount for RII and Employees), with a face value of Rs 10 per share. The issue is managed by Karvy Computershare Private Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 17 Sep, 2018 and closes on 19 Sep, 2018. Investors can check the allotment status on 26 Sep, 2018, while the listing date is tentatively scheduled for 28 Sep, 2018.
The total issue size is Offer for Sale of 99,05,157 Equity Shares of Rs 10/- each at price of Rs 470/- to Rs 475/- aggregating up to Rs 470.49 Cr, aggregating up to . Stay tuned for the latest IRCON International Limited IPO review and GMP updates.
IRCON International Limited IPO Review, Rating & Analysis
IRCON International Limited IPO Review
NO REVIEWIRCON International Limited IPO Rating
IRCON International Limited IPO Highlights
IPO Date
Sep 17, 2018 - Sep 19, 2018
Listing Date
28 Sep, 2018
Face Value
Rs 10 Per Equity Share
Price Band
Rs 470/- to Rs 475/- Per Equity Share ( Rs 10/- discount for RII and Employees)
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE, BSE ( B - Group )
IRCON International Limited IPO Lot Size
The minimum market lot for IRCON International Limited IPO is 30 shares with an application amount of ₹300. Retail investors can apply for up to 666 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 30 | ₹300 |
| Retail (Max) | 666 | 19980 | ₹1,99,800 |
| S-HNI (Min) | 667 | 20010 | ₹2,00,100 |
| S-HNI (Max) | 3333 | 99990 | ₹9,99,900 |
| B-HNI (Min) | 3334 | 100020 | ₹10,00,200 |
IRCON International Limited IPO Timeline
Issue Price
Rs 470/- to Rs 475/- Per Equity Share ( Rs 10/- discount for RII and Employees)Face Value
Rs 10 Per Equity ShareListing at Group
NSE, BSE ( B - Group )Registrar
Karvy Computershare Private LimitedLead Manager
IDBI Capital Markets & Securities Limited, Axis Capital Limited, SBI Capital Markets LimitedIssue Size
Offer for Sale of 99,05,157 Equity Shares of Rs 10/- each at price of Rs 470/- to Rs 475/- aggregating up to Rs 470.49 CrPromoters & Share Holding
Promoter(s) Name
- The President of India acting through Ministry of Railways
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
IRCON International Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 47,02,578 | 14,10,774 | 32,91,805 | 99,05,157 |
Day 1 -17-09-18 | 0 x | 56,430 0.04 | 28,30,952 0.86 x | 28,72,495 0.29 x |
Day 2 -18-09-18 | 43,050 0.01 x | 2,69,520 0.19 | 97,43,790 2.96 x | 1,01,10,000 1.02 x |
Day 3 -19-09-18 | 5,78,08,890 12.29 x | 69,40,950 4.92 | 3,31,64,370 10.08 x | 9,70,53,990 9.90 x |
Frequently Asked Questions about IRCON International Limited IPO IPO
When will IRCON International Limited IPO open for subscription?
The IRCON International Limited IPO opens on 17 Sep, 2018 and closes on 19 Sep, 2018.
What is the investors portion for IRCON International Limited IPO?
The investors' portion for QIB is 57808890 12.29 x, NII is 6940950 4.92, and Retail is 33164370 10.08 x.
How to apply for IRCON International Limited IPO?
You can apply for IRCON International Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of IRCON International Limited IPO?
The issue size of IRCON International Limited IPO is approx ₹Offer for Sale of 99,05,157 Equity Shares of Rs 10/- each at price of Rs 470/- to Rs 475/- aggregating up to Rs 470.49 Cr crores.
What is the price band of IRCON International Limited IPO?
The price band for IRCON International Limited IPO is Rs 470/ to ₹ to Rs 475/.
What is the lot size of IRCON International Limited IPO?
The minimum bid (lot size) for IRCON International Limited IPO is 30 shares with an investment of approx Rs 14,250 .
What is the allotment date of IRCON International Limited IPO?
The allotment date for IRCON International Limited IPO is 26 Sep, 2018.
What is the listing date of IRCON International Limited IPO?
The listing date for IRCON International Limited IPO is expected to be 28 Sep, 2018.
What is the GMP of IRCON International Limited IPO?
The latest Grey Market Premium (GMP) for IRCON International Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.