IRCON International Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

17 Sep 2018

Close Date

19 Sep 2018

Allotment

25 Sep 2018

Listing Date

28 Sep 2018

Exchange

NSE & BSE

Price Band

₹475

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹475

Per share

Face Value

₹10 per share

Lot Size

30 Shares

per lot

Issue Size

99,05,157 shares (aggregating up to ₹466.93 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹14,250

1 lot

Pre-IPO Holding

9,40,51,574 shares

Promoters

Post-IPO Holding

9,40,51,574 shares

Promoters

UPI Deadline

2018-09-19

Mandate

Anchor AllotmentSun, 16 Sep 2018

Basis of AllotmentTue, 25 Sep 2018

Refund InitiationWed, 26 Sep 2018

Demat CreditWed, 26 Sep 2018

Listing DayFri, 28 Sep 2018

UPI Mandate Deadline2018-09-19

Sale TypeOffer For Sale

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

IRCON International Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 19 Sep 2018.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	9,905,157	100%	₹470.49

IPO Shares Offered

IRCON International Ltd. IPO total issue size: ₹470.49 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Total	9,905,157	₹470.49	100.00%

* Based on upper price band ₹475 per share

Lot Size & Investment

Lot Size

Shares per Lot

Issue Price

₹475.00

Upper Band

Min Investment

₹14,250

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	60	₹28,500
Retail (Max — 14 Lots)	14	420	₹199,500
S-HNI (Min — 15 Lots)	15	450	₹213,750
B-HNI (Min — 71 Lots)	71	2,130	₹1,011,750

* Issue Price ₹475 × Lot Size 30 shares

IPO Schedule

Anchor

16 Sep 2018

✓ Done

IPO Open

17 Sep 2018

✓ Done

IPO Close

19 Sep 2018

✓ Done

Allotment

25 Sep 2018

✓ Done

Refunds

26 Sep 2018

✓ Done

Demat Credit

26 Sep 2018

✓ Done

Listing Day

28 Sep 2018

✓ Done

₹475.00

INR · BSE

Fetching…

vs Issue Price

—

OPEN

—

HIGH

—

LOW

—

MKT CAP

—

P/E

—

52W HIGH

—

52W LOW

—

VOLUME

—

DIVIDEND

—

DIV YIELD

—

Loading…

Chart Not Available

Try again 2–3 days after listing.

Issue ₹475.00 Live Price

About IRCON International Ltd.

Incorporated in 1976, Delhi based IRCON International Limited is a government company (under the Ministry of Railways) engaged in the business of engineering and construction. The company specializes in major infrastructure projects including highways, railways, bridges, flyovers, electrical and mechanical works, development of commercial, residential and industrial areas. It was ranked 248 in the list of 250 of top 250 global contractors by USA based Engineering News Record (ENR).IRCON is headquartered in Delhi and has 26 project offices, 5 regional offices in India and 5 overseas project offices in Sri Lanka, Bangladesh, Malaysia, South Africa, and Algeria.The company has 1,175 full-time employees on its payroll.Competitive Strengths of the company-1. Diversified business across many countries2. Strong Financial performance with a robust credit profile3. Strong order book of Rs 223,871.7 million as on Dec 31st, 2017.4. Continuously expanding footprint within and beyond India

IRCON International Ltd. Financials (Amount in Crore)

Revenue from Operations

₹2,908.6

31-Mar-16

₹3,301.4

31-Mar-17

₹4,212.4

31-Mar-18

Profit After Tax (PAT)

₹393.1

31-Mar-16

₹384.0

31-Mar-17

₹411.6

31-Mar-18

Particulars	31-Mar-18	31-Mar-17	31-Mar-16
Revenue from Operations	4212.40	3301.35	2908.64
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	411.58	383.98	393.11
Net Worth	N/A	N/A	N/A
Total Assets	12778.22	9231.41	8139.41
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered99,05,157 (100.00%)

Net Offer to PublicN/A

Reserved for Market MakerN/A

Pre-Issue Promoter Holding9,40,51,574 shares

Post-Issue Promoter Holding9,40,51,574 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Kfin Technologies Ltd.

04067162222, 04079611000

einward.ris@karvy.com

https://ipostatus.kfintech.com/

Check Allotment

Book Running Lead Managers

Axis Capital Ltd.

IDBI Capital Markets Services Ltd.

SBI Capital Markets Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much IRCON International Ltd. IPO subscribed? ▲

IRCON International Ltd. IPO is subscribed 1.00 times by Sep 19, 2018. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is IRCON International Ltd. IPO retail subscription status? ▼

The IRCON International Ltd. IPO retail category is subscribed 1.00 times as of 19 Sep 2018. The retail portion is oversubscribed.

How to subscribe IRCON International Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 17 Sep 2018 and closes 19 Sep 2018. Min investment: ₹14,250 (1 lot = 30 shares). UPI mandate: 2018-09-19.

How many times IRCON International Ltd. IPO subscribed? ▼

The IRCON International Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check IRCON International Ltd. IPO allotment? ▼

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 25 Sep 2018. Refunds: on 26 Sep 2018.

When IRCON International Ltd. IPO will be listed? ▼

The IRCON International Ltd. IPO listing date is 28 Sep 2018, Friday. Listed on: NSE & BSE. Issue price: ₹475. Estimated listing: ₹475. GMP: NIL.

When IRCON International Ltd. IPO close? ▼

The IRCON International Ltd. IPO closes on 19 Sep 2018, Wednesday. UPI mandate: 2018-09-19. Allotment: 25 Sep 2018. Listing: 28 Sep 2018.

Quick Actions

Check Allotment

Live Price LIVE

Last Price₹475.00

Change—

Issue Price₹475.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹475

Face Value₹10

Lot Size30 Sh

Min. Amount₹14,250

GMPNIL

Est. Listing₹475

Subscribed1.00x

Open Date17 Sep 2018

Close Date19 Sep 2018

Allotment25 Sep 2018

Listing Date28 Sep 2018

ExchangeNSE & BSE

UPI Deadline2018-09-19