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The Times of India
The Times of India
Business
PTI

Govt's share sale in IRCTC over-subscribed, investors put in bids worth Rs 3,800 crore

IRCTC New Delhi

NEW DELHI: The sale of government's up to 5 per cent stake in IRCTC got over-subscribed on the first day of the offer, with institutional investors putting in bids worth Rs 3,800 crore.

In the two-day offer-for-sale (OFS), the government is selling 4 crore shares or 5 per cent stake in Indian Railway Catering and Tourism Corporation (IRCTC) at a floor price of Rs 680 a share.

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