How to Apply for Irctc OFS – Subscription Status

How to Apply for Irctc OFS
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The Indian Railway catering and tourism Corporation (IRCTC) is famously known as Indian Railways trains. IRCTC tech sales via OFS has been planned by the government of India in which 20% stakes of IRCTC will be sold via offer for sale (ofs). The subscription will be opened on Thursday. Offer for sale in IRCTC will be open tomorrow for non-retail investors and they too will be for retail investors in which 50% equity with a 5% green shoe option would be divest by government of India. This has been said by department of investment and Public asset management (DIPAM) secretary Tuhin Kanta Pandey. Here is everything you need to know about How to apply irctc offer for sale, how to apply for ofs in irctc, irctc offer for sale, IRCTC ofs news, IRCTC OFS floor price, IRCTC OFS Apply through Zerodha

How to apply for OFS

Irctc ofs how to apply: The 2,40,00,000 equity shares of the company will be sold in which 15% of the total issued and paid-up equity share capital of the company or for non-retail investors only. The company can also sell 80,00,00 equity shares which account for a total of 3,20,00,000. Let’s check how to apply ofs. As most of the users are having a Zerodha account we are going to tell you how to apply for OFS via the Zerodha app stock account.

  1. Firstly login into your Zerodha account.
  2. Click on your client ID and click on the console.
    irctc ofs how to apply
  3. After this, you will see a second option which is portfolio click on it.
  4. After that click on corporate actions.
  5. Here you can see OFS, by the bank, and other details that are present in the corporate action orders.
  6. In the list you Will have to click on IRCTC.
  7. Here you can set on your bid.
  8. Here you can see the three dots option, click on it, and click on place order.
  9. You can add your quantity according to you and after that, you have to click on submit.
  10. An important thing to remember is that your order should not be greater than Rs.2,00,000. After this, you can check your OFS bid quantity and corporate order actions.

Zerodha OFS Apply

Irctc ofs Zerodha: If you want to know how do I apply for an OFS check the below-given information.

  • Firstly login into thousand of the account by clicking here.

zerodha ofs apply

  • You can check all the stocks that are undergoing an OFS, hover over OFS, and click on three dots on the IRCTC.
  • After this select the quantity and click on submit.
  • You can add your quantity according to you and after that, you have to click on submit.
  • Remember that your order should not be greater than Rs.2,00,000. After this, you can check your OFS bid quantity and corporate order actions.

Irctc OFS Subscription

Here is the information fro irctc ofs subscription status. Below we have stated how to buy ofs share, How to Buy Irctc OFS Share, how to apply ofs, ipo allotment status, icici securities ofs.

  • The irctc ofs floor price has been fixed by Rs.1367 by the company.
  • The offer for sale name itself tells what a great offer, the offer you are getting because the current market price is Rs.1618. And on the NSE website, it is Rs.1625.

irctc ofs subscription

  • On the day won the offer by IRCTC was subscribed nearly 2 times.
  • The IRCTC issue subscribed 1.98 times of base size with the clearing price which was above the floor price by non-retail investors.
  • Around Rs. 4.34 crore Will be garnered by the government as 3.2 crore shares will be sold by the government.