IRCTC IPO in huge demand; subscribed 112 times

The initial public offering (IPO) of Indian Railway Catering and Tourism Corporation (IRCTC) was a huge hit among investors as it got subscribed 111.91 times on the final day of bidding on Thursday. The Rs 645-crore IPO received bids for 225 crore shares against the total issue size of 2 crore scrips, according to the data available with exchanges till 1845 hours.

from Times of India https://ift.tt/2IleDuJ