IRCTC Initial Public Offer To Open Today. Should You Subscribe? ndtv.com

IRCTC or Indian Railway Catering and Tourism Corporation's Rs. 645-crore initial public offer (IPO) will open for subscription today. IRCTC – the online ticketing arm of the Indian Railways – has set a price band of Rs. 315-Rs. 320 for the IPO. After the IPO, Government of India's holding in IRCTC will come down to 87.40 per cent. The IPO will close for subscription on October 3. The offer size in terms of amount makes it the highest among all the railway offerings till date.
Here's all you need to know about the IRCTC IPO today:
Till now, the Indian Railways has come out with three IPOs of its subsidiaries: Rail Vikas Nigam Limited (RVNL), Rail India Technical and Economic Service (RITES) and IRCON (Indian Railway Construction Company Limited).

The IRCTC IPO will be the largest public offer by the Indian Railways so far.