IRCTC SHARE SALE OVERSUBSCRIBED NEAR 78 TIMES

NEW DELHI: The initial public offering (IPO) of Indian Railway Catering and Tourism Corp. (IRCTC) was subscribed 77.91 times so far on the final day of bidding on Thursday. The IPO to raise about ₹645 crore received bids for 157 crore shares against the total issue size of 2 crore scrips, according to data available with the exchanges till 1530 hours. IRCTC’s IPO was subscribed 3.25 times till the second day of bidding on Tuesday.