The initial public offering 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.
The category meant for qualified institutional buyers (QIBs) was subscribed 108.79 times, non-institutional investors (NIIs) was subscribed 354.52 times and retail investors was subscribed 14.65 times, according to merchant banking sources.