Indian Railway Catering & Tourism Corporation Ltd.
 
11Th Floor, B-148, Statesman House, Barakhamba Road, New Delhi, Delhi - 110001
Phone: 23311263

Public Issue of 20160000 Equity Shares of Rs 10.00 each for Cash at a Premium of Rs 310.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
30/09/201903/10/2019320.00 -
Lead Managers Registrar Listed at
IDBI CAPITAL MARKETS & SECURITIES LIMITED
SBI CAPITAL MARKETS LIMITED
YES SECURITIES (INDIA) LIMITED
Alankit Assignments Ltd.
205 - 208, Anarkali Complex,
Jhandewalan Extension, ,
New Delhi, Delhi - 110055
Phone: 42541954 Fax:
BSE
NSE
Object of the issue

The objects of the Offer are:

(i) to carry out the disinvestment of [?] Equity Shares by the Selling Shareholder constituting [?]% of the Company’s paid up Equity Share capital the Company; and
(ii) to achieve the benefits of listing the Equity Shares on the Stock Exchanges. the Company will not receive any proceeds from the Offer and all proceeds shall go to the Selling Shareholder.

Offer related expenses

The total expenses of the Offer are estimated to be approximately Rs. [?] million. The expenses of the Offer include, among others, fees payable to the BRLMs and legal counsel, fees payable to the auditors, brokerage and selling commission, underwriting commission, commission payable to Registered Brokers, SCSBs’ fees, Registrar’s fees, printing and distribution expenses, legal expenses, statutory advertisement expenses and marketing expenses, registrar and depository fees, listing fees and all other expenses for listing the Equity Shares on the Stock Exchanges.

All Offer related expenses shall be borne by the Selling Shareholder through the DIPAM. However, expenses in relation to printing and stationery expenses, processing fees for ASBA banks shall be borne by the BRLMs. Payments, if any, made by the Company in relation to the Offer shall be on behalf of the Selling Shareholder and such payments will be reimbursed to the Company.

Promoted by

The Promoter is the President of India acting through the Ministry of Railways, Government of India. the Promoter, along with its seven nominees, currently holds 100% of the pre-Offer paid-up Equity Share capital of the Company. After this Offer, assuming the sale of all the Offered Shares, the Promoter shall hold [?] % of the post Offer paid-up Equity Share capital of the Company. As the Promoter is the President of India, acting through the Ministry of Railways, Government of India, disclosures and confirmations in relation to the Promoter Group (as defined in regulation 2(1)(pp) of the SEBI ICDR Regulations), as specified in Schedule VI of the SEBI ICDR Regulations have not been provided.