IRCON International IPO Details

IPO Open Sep 17, 2018
IPO Close Sep 19, 2018
IPO Price ₹475
Face Value ₹10
IPO Size ₹470.49 Cr
Listing At BSE, NSE
Lot Size 30
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IRCON International IPO Date & Price

The IRCON International IPO opens on Sep 17, 2018 and closes on Sep 19, 2018.

IRCON International IPO timetable / schedule is as below:
  • Bid/Offer Opens On: Sep 17, 2018
  • Bid/Offer Closes On: Sep 19, 2018
  • Finalization of Basis of Allotment: Sep 25, 2018
  • Initiation of refunds: Sep 26, 2018
  • Credit of Equity Shares: Sep 26, 2018
  • Listing Date: Sep 28, 2018

IRCON International IPO price is set at ₹475 per equity share.

IRCON International IPO will close for subscription at 5 PM on Sep 19, 2018. But most brokers stop accepting application between 1 PM to 3 PM.

The IRCON International IPO starts on Sep 17, 2018. The issue ends on Sep 19, 2018.

IRCON International IPO Issue Size and Subscription Status

The IRCON International IPO size is 9905157 Equity Shares of ₹10 aggregating up to ₹470.49 Cr.

IRCON International Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for IRCON International IPO shares through the banks (using ASBA) or through the broker (using UPI).

IRCON International IPO Offer Size

Qualified Institutional Buyers (QIB)4,702,578 Shares
Non-Institutional Investors (NII)1,410,774 Shares
Retail Individual Investor (RII)3,291,805 Shares
Employee Reservations500,000 Shares
Other Reservations0 Shares
Total Issue Size9,905,157 Shares

IRCON International IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)12.29 times times
Non-Institutional Investors (NII)4.92 times times
Retail Individual Investor (RII)9.66 times times
Employee Reservations0.36 times times
Other Reservations times
Total Issue Size9.77 times times

Click here to check the IRCON International IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in IRCON International IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check IRCON International IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

IRCON International IPO Allotment and Listing

The IRCON International IPO allot status will be available online on Sep 25, 2018. Check the IRCON International IPO Allotment Status here.

Click here to check IRCON International IPO Allotment Status.

IRCON International IPO listing Date is Sep 28, 2018. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The IRCON International IPO listing date and time is published by the exchange in a circular.

Click here to view the IRCON International IPO Basis of Allotment.

It is hard to say at what price IRCON International IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The IRCON International IPO shares will list on Sep 28, 2018 at BSE, NSE.

IRCON International IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about IRCON International IPO which could help you with questions like IRCON International IPO buy or not? You should also read IRCON International IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

IRCON International IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the IRCON International IPO performance. The performance reports are available 1 day after listing.