As IRCTC celebrates 2 yrs of listing, birthday becomes happy for investors; stock gives 17 times gains on IPO price, as return gift
The IPO whose issue price was just Rs 320, was subscribe fully during the launch. The price of 1 lot was Rs 12,800. The stock was listed at a premium of Rs 644. The listing gains were significant at the very onset
The IRCTC stock has increased by at least 17 times from the issue price while 8.5 times from the listing price