{"id":1363,"date":"2019-08-29T22:57:36","date_gmt":"2019-08-29T17:27:36","guid":{"rendered":"http:\/\/www.bazaarindicator.com\/news\/?p=1363"},"modified":"2019-08-29T22:57:36","modified_gmt":"2019-08-29T17:27:36","slug":"irctc-submit-600-cr-ipo-papers-market-regulator-sebi","status":"publish","type":"post","link":"http:\/\/www.bazaarindicator.com\/news\/irctc-submit-600-cr-ipo-papers-market-regulator-sebi\/","title":{"rendered":"IRCTC has Submitted INR 600 Crore IPO Papers with the Market Regulator SEBI"},"content":{"rendered":"<p style=\"text-align: justify;\">Indian Railway Catering &amp; Tourism Corporation (IRCTC) has submitted draft red herring prospectus with the Securities &amp; Exchange Board of India for an IPO (Initial Public Offer). The company plans to offload around 2 crore equity shares through an offer for sale by the government.<\/p>\n<p style=\"text-align: justify;\">According to sources, this Initial Public Offer is estimated to be INR 500-600 crore.<\/p>\n<p style=\"text-align: justify;\">IDBI Capital Markets &amp; Securities, YES Securities (India) and SBI Capital Markets are lead managers to this IPO.<\/p>\n<p style=\"text-align: justify;\">IRCTC is an entity authorized by Indian Railways to offer online railway tickets, catering services and packaged drinking water in trains and at railway stations in India. IRCTC operates the most transacted websites \u201circtc.co.in\u201d in APAC (Asia-Pacific) region.<\/p>\n<p style=\"text-align: justify;\">Are you excited about this IPO? Stay connected with us for every single information related to this Initial public offer.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian Railway Catering &amp; Tourism Corporation (IRCTC) has submitted draft red herring prospectus with the Securities &amp; Exchange Board of&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1364,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IRCTC has Submitted INR 600 Crore IPO Papers with the Market Regulator SEBI - News Analysis<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/www.bazaarindicator.com\/news\/irctc-submit-600-cr-ipo-papers-market-regulator-sebi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IRCTC has Submitted INR 600 Crore IPO Papers with the Market Regulator SEBI - 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