IRCTC stock drops 5% as the two-day OFS begins

1.  HOME CAMPAIGNS DIGITAL MEDIA FUND RAISING MARKETING POLITICS STARTUPS MARKETS IRCTC Stock Drops 5% as The Two-Day OFS Begins    Home - Markets - IRCTC Stock Drops 5% as The Two-Day OFS Begins   Search here ...  Latest Update RECENT POPULA R COMMO N  December 18, 2022 NeoGrowth receives $300 million in a Series D round of funding from FMO    December 18, 2022 Dettol’s Baddi  Unit Ill be Acquired by Hindustan Foods; Stock Rises  Markets  December 16, 2022  December 18, 2022        Facebook Google+ Vivo Encourages Customers To “#SwitchOff Your Phones & Switches On Relationships”   The base issue size of the IRCTC’s offer for sale is 2 crore shares, or 2.5% of the company, with the option to keep any additional 2.5% of over-subscription. The ?oor price was 7.44% less expensive than the BSE closing price of Rs. 734.70 on Wednesday, December 14, 2022.   On Thursday, December 15, 2022, trading, shares of Indian Railway Catering and Tourism Corporation (IRCTC) fell 5% as the government’s offer for sale (OFS) to sell up to 5% of ownership in the railroad ticketing corporation began. The stock decreased 5.17% to a low of Rs 696.70 on the BSE.    December 17, 2022 New Dentsu Curate from Dentsu Programmatic   The base issue size for the OFS is two crore shares, or 2.5 per cent of the total, with an option to keep the additional 2.5 per cent of over-subscription, bringing the total issue size to four crore shares, or 5 per cent of the total.    Only the non-retail category of the two-day OFS opened for subscription bids on Thursday, December 15, 2022.   Most Viewed According to BSE data, non-retail investors had bid for 4,95,420 shares by 10 a.m. (Thursday, December 15, 2022), or 2.75 per cent of the 18,000,000 shares set aside for the group.     December 14, 2022 In A Seed Funding Round, Contlo Raises $3.5 Million   For the retail sector, which is eligible to take part in the OFS on Friday, December 16, 2022, a total of 10% of the offered size is set aside. Non-retail investors may change their unallotted bids on Friday, December 16, 2022, if they chose to carry them forward.   On both days (On 15 & 16 December 2022), the offer will run from 9:15 a.m. to 3:30 p.m. (Indian Standard Time) on a different window of the stock exchanges. Non-retail investors may carry forward and amend their offers on T+1 day under the OFS rules if they made their bids on T+1 day and then decided to carry them forward to T+1 day.    December 14, 2022 Paytm Shares Decline By 3% As A Rs 850 Billion On T+1 day, or December 16, 2022, only retail investors will be permitted to submit their bids.   HOME CAMPAIGNS DIGITAL MEDIA FUND RAISING MARKETING POLITICS STARTUPS MARKETS 

2. Repurchase Falls Short Of Investors’ Expectations  Additionally, non-retail investors may change their offers on T+1 day following the OFS Guidelines if they submitted their bids on T+1 day and choose to carry forward any unallotted bids to that day.   Summarising up  Both retail and non-retail investors will be able to place bids on December 16, but they must carry them forward.   November 21, 2022 BJP’s Manoj Tiwari Demands Investigation for Those Meeting Satyendar Jain in Jail  Based on the ?oor price, the exchanges will choose the number of offer shares that can be taken into account in the retail category.   December 15, 2022 As UltraTech Cement Announces a Big Plan, Shares Reach a 52- Week High  You can share this post!         December 12, 2022  Previous article Bharat Krushi Seva Receives INR 43 Million in Startup Money from Renowned Investors  Next article  Switch To CEAT SecuraDrive With Aamir Khan  Tech startup GalaxEye Space secures 3.5 million in investment from Speciale Invest   Related Articles  December 16, 2022 Bharat Krushi Seva Receives INR 43 Million in Startup Money from Renowned Investors  MARKETS MARKETS MARKETS Most Reviews Dettol’s Baddi  Unit Ill be Acquired by Hindustan… L&T receives two orders for the hydrocarbon industry,… As UltraT Big Plan, RECENT POPULA R COMMO N  December 18, 2022  December 17, 2022  Decem  December 18, 2022 Leave a Reply NeoGrowth receives $300 million in a Series D round of funding from FMO   Your email address will not be published. Required ?elds are marked * Comment *  December 18, 2022 Dettol’s Baddi  Unit Ill be Acquired by Hindustan Foods; Stock Rises   December 18, 2022 Name * Email * Vivo Encourages Customers To “#SwitchOff Your Phones & Switches On Relationships”   POST COMMENT HOME CAMPAIGNS DIGITAL MEDIA FUND RAISING MARKETING POLITICS STARTUPS MARKETS 

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