It had a stellar start, with shares listing at Rs 644 on the BSE and Rs 626 on the NSE over the issue price.
On October 14, Indian Railway Catering and Tourism Corporation (IRCTC) listed at Rs 644 on the BSE. This was a stellar start as the share listed on the exchange at a 101.25 percent premium over its issue price of Rs 320 apiece.
Meanwhile, it listed at Rs 626 on the NSE, up 95.6 percent over the issue price.Moneycontrol's Sakshi Batra does a 3-Point Analysis of what has led to the stellar listing and what strategy should investors resort to.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.