IRCTC Limited IPO Message Board (Page 49)

Do you guys agree?

This forum was too good with experts like Eagle Eye, Septa, Gamble, Nidhike, Khemka, Uchit... Miss their discussions, analysis, suggestions and guidance... It was really helpful for small investors like us...

Yes Sir, we have all immensely benefited from their tips in the past. Hope they return soon

Totally agree with you

Dont take risk apply with upi only good luck

I hv enquired with few brokers, and according to them those who apply through upid, only they will get allotment and those who apply through net banking, their forms will be rejected.

If applying through ASBA no problem then you will get allotment

If you are applying through ASBA with your own netbanking account linked with your ASBA, then there will be no problem.

OTAs(Online Travel Agencies) and IRCTC's terms[as per one of the blogs]

1. If a company wishes to offer cashback to users, they need to pay Rs 15 per ticket sale to IRCTC.

2. If a company wishes to cross-sell, this goes up to Rs. 25 per ticket sale.

3.If payment companies want to be shown under wallets, they need to pay a fee of Rs 20 lakh.

4. If they want to be shown under UPI, they need to pay another Rs 50 lakh.

hope these details help.

According to this info Revenue ll increase if they allows orher app like Google pay, Paytm etc. for ticket Booking....

There are 100s of online ticketing companies are coming in with lucrative offers. Amazon and Google are going to eat up online ticketing business very soon. So think twice before investing.

yes.. Irctc hv monopoly for online railway Ticket booking...

Dear Manik,

As per the article on entrackr.com published on May 18, 2018. The mobile apps "share revenues with IRCTC on every transaction that goes through them". I think every train ticket booking that happens through other mobile apps(paytm/phonepe/amazon etc) has to finally go through IRCTC servers and they'll have to pay for each transaction. Please find the snippet of the article below.

"At present, payment platforms such as Mobikwik, PayU and Paytm, power IRCTC's railway ticket booking transactions through their gateways. Third party payment gateways pay around Rs 75 lakh-1 Crore for a one-time licensing fee to integrate with IRCTC's website and mobile app and in return share revenues with IRCTC on every transaction that goes through them."

I miss "SEPTA" sir. His stock recommendations were amazing. Varun beverage, DBL @ 250 went to 1200. Please come back sir. And his IPO analysis was best. Miss you sir....
Please come back sir...

UPI and ASBA reg.

It is mentioned as "Submission of the ASBA Form by a Retail Individual Bidder 'through intermediaries' to SCSBs for blocking of funds has been discontinued and has been replaced by the UPI Mechanism."

Hence those who apply only through intermediaries are discontinued and one directly can use ASBA form is clearly accepted. Means one can apply through his own bank account for his own demat as per my understanding.

Hello friends.
Mere pas UPI account nahi h .
Kya online bank ke thorough lagane ke liye bhi UPI Account zaruri h please suggest me.

My son (first holder) and me have joint account. This account has been mentioned in both his DP and trading account. If he applies in IPO from that account through online banking. Will this application be considered valid for allotment purposes.
Experts please guide..

I think NO , account title is differ

Banks register the pan card details of first account holder's name.
The same bank details are there in his DP and trading account.
Then what's the problem if he applies through same bank ?
Plz clarify..

GMP Trailing Handsomely above 150............bumper listing on cards....

One more positive thing related to IRCTC is the recently added ( Since 01st September )Conveyance Charge per Ticket i.e 15 for non AC and 30 for AC tickets which was withdrawn in 2016 .

We can understand the increased profitability of IRCTC by following manner...

(a) Everyday more than14 lakh people travel through railway.

(b) More than 70% of tickets are booked online through Irctc. It mean more than10 lakh tickets booked online every day.

(c) So conveyance charge will Increase the revenue of IRCTC in the FY2019-20 by 250 Cr.

A must apply IPO for me.

Thanks.

@ Tejwant Bansal,
No.
Only one application against A PAN is considered for allotment. If more than one application submitted against same PAN , than all the application will be rejected.
So apply through only one Demet account.
Thanks.

True.

Expensive ipo
Govt company p/e is 8-10 maximum in this sector
Ircon,cochin,rvnl,coal india,etc available at 8-10 p/e max.
Irctc eps 17-18 max
If we calculate than
18* 10p/e (taken highest)=180
As company have growth than 20% premium
180+20% = 216
Due to tax cut further 20% given as all company get
216+20%=260 approx maximum price

You know government do any think so we need to discount it also but not consider...otherwise price down...

Please rectify me if i am wrong..

Eps taken from draft prospectus

How we apply as we stuck in ircon , coal india ,cpse etf etc.

yes.. sir.. i respect ur decision... let's c on listing Day...

Hope all are getting stellar listing gain????

No application rejected in asba

If first pan in bank match with demat pan no application rejected

U can not apply for another from ur account it will rejected

I apply from bob and sbi work proper no rejection

Asba worJK properly no need to fear of rejections

Dear Members,
physical forms can be submitted at the BANK where SELF CERTIFIED SYNDICATE BANK (SCSB). It means one who have a savings account in bank (SCSB) can apply asba form. No need UPI.
This format is continuing.
One can not submit physical asba forms at broker office with out UPI.

Many are advising not to apply because it prepares and serves non veg food. Do irctc prepare food on its own or just serves?

Download Bhim app, create upid and give to your broker. Broker will submit your ipo, and when applying you will get msg on mobile, that msg or code you have to give to your broker. He will apply or ipo.

@ chittograh team / Experts

Till now I am applying though ASBA but not aware how to apply IPO in bhim UPI or any other UPI. I have seen and no options like IPO as such in bhim/google pay or phone pe. Please help us with the steps how to apply IPO using UPI by self

Don't worry. You can continue to apply through your own netbanking and asba facility as was doing earlier.
UPI is needed only for those who were applying through their broker.
Be happy and enjoy.

All ipo application going to reject if apply from netbanking and asba good luck stay safe

UPI mode to be used by those who were lodging applications through broker.
Any retail invester who has his own netbanking facility, then he can submit his application through his own asba facility as doing earlier.

Ok apply, all the best for allotment.

Ipo kaisa he le sakte ki nahi
Aur axis bank se buy karn ho to kya bank me milne jana padega?