#IRCTC stock analysis

[michaelsmith-us]

IRCTC Q1 Results: What to Expect as Shares Take Center Stage

IRCTC Q1 Results: What to Expect as Shares Take Center Stage IRCTC Q1 Results : As the Indian Railway Catering and Tourism Corporation Ltd (IRCTC) gears up to announce its June quarter results, the company’s shares have become the focus of investors’ attention. The state-run entity, known for its ticketing, catering, and tourism services, is expected to deliver a solid performance in the first…

[quibblefrost]

Maha Kumbh 2025: Economic Impact, Beneficiary Sectors, Top Stock Picks, and Political Implications

The Maha Kumbh Mela 2025, currently underway in Prayagraj, Uttar Pradesh, is anticipated to be the world’s largest religious gathering, with projections of over 400 million visitors during its six-week duration. This massive influx is expected to significantly impact various sectors of the Indian economy, presenting unique opportunities for investors.

Sectors to Watch and Potential Beneficiaries

1. Tourism and Hospitality: The surge in visitors has led to a substantial demand for accommodation and related services. Local hotels, guesthouses, and temporary lodging arrangements are projected to generate approximately ₹40,000 crore in revenue.

2. Food and Beverages: With millions of attendees, the consumption of packaged foods, water, and meals is expected to contribute around ₹20,000 crore to the economy.

3. Retail and Consumer Goods: The sale of religious items, souvenirs, and daily essentials is anticipated to see a significant uptick, adding an estimated ₹20,000 crore to trade.

4. Transportation and Logistics: The movement of pilgrims necessitates enhanced transportation services, including local transit and interstate travel, potentially accounting for ₹10,000 crore in economic activity.

5. Infrastructure Development: Significant investments have been made to accommodate the massive gathering, including the construction of over 200 roads and extensive beautification projects in Prayagraj.

Top Stocks to Consider

Investors might consider the following companies across large, mid, and small-cap segments that stand to benefit from the Maha Kumbh Mela:

IRCTC (Indian Railway Catering and Tourism Corporation)

Sector: Transportation and Tourism

Overview: As the primary provider of catering, tourism, and online ticketing services for the Indian Railways, IRCTC is poised to benefit from the increased travel during the Kumbh Mela. The company has likely seen a surge in bookings and service utilization.Indian Hotels Company Limited (IHCL)

Sector: Hospitality

Overview: Operating under the Taj brand, IHCL stands to gain from the heightened demand for accommodation. The influx of domestic and international tourists can boost occupancy rates and revenue per available room.Tata Power

Sector: Energy

Overview: With the need for reliable power supply during the event, Tata Power’s involvement in providing sustainable energy solutions could see increased demand. Their focus on renewable energy aligns with the temporary infrastructure set up for the Mela.Larsen & Toubro (L&T)

Sector: Infrastructure and Construction

Overview: L&T’s expertise in large-scale infrastructure projects positions it well to have participated in the development activities in Prayagraj, including road construction and urban planning.NBCC (India) Limited

Sector: Construction and Project Management

Overview: As a government-owned entity, NBCC may have been involved in the construction and renovation projects leading up to the Kumbh Mela, contributing to its order book and revenues.Technical and Fundamental Analysis

• IRCTC: Fundamentally, IRCTC has shown consistent revenue growth with strong profit margins, benefiting from its monopoly in railway catering and ticketing. Technically, key support levels might be observed around ₹1,200, with resistance near ₹1,500.

• IHCL: The company has demonstrated resilience with a diversified portfolio and improving financial metrics post-pandemic. Support levels could be around ₹200, with resistance at ₹250.

• Tata Power: With a strategic shift towards renewable energy, Tata Power’s fundamentals are strengthening. Support is likely around ₹220, with resistance near ₹270.

• L&T: A robust order book and diversified operations underpin L&T’s strong fundamentals. Technically, support may be found at ₹1,800, with resistance at ₹2,000.

• NBCC: As a key player in government infrastructure projects, NBCC’s fundamentals are solid, though subject to project-based revenue fluctuations. Support levels might be around ₹30, with resistance at ₹40.

Geopolitical and Political Sentiments

The Maha Kumbh Mela holds profound cultural and religious significance in India. The current administration, led by the Bharatiya Janata Party (BJP), has emphasized the event as a showcase of India’s rich heritage. The renaming of the host city from Allahabad to Prayagraj reflects efforts to revive traditional nomenclature.

Internationally, the event garners attention for its scale and spiritual importance, enhancing India’s soft power. The successful organization of such a massive gathering without significant incidents can bolster India’s image as a country capable of managing large-scale events, potentially influencing geopolitical perceptions positively.

Conclusion

The Maha Kumbh Mela 2025 presents substantial economic opportunities across various sectors. Investors should monitor companies in tourism, hospitality, infrastructure, and related industries that are poised to benefit from this event. Additionally, understanding the political and cultural significance of the Mela can provide deeper insights into market sentiments and potential policy directions.

Disclaimer: The stock analyses provided are for informational purposes only and should not be construed as financial advice. Investors are advised to conduct their own research or consult with a financial advisor before making investment decisions.

[kriyocitygroup]

IRCTC Share Price: An In-Depth Analysis

The Indian Railway Catering and Tourism Corporation (IRCTC) is a key subsidiary of the Indian Railways, responsible for online ticketing, catering, and tourism services. Since its listing on the stock exchanges, IRCTC has been a popular choice among investors due to its unique position in the Indian travel and tourism sector. This article delves into the factors influencing IRCTC's share price, its market performance, and future prospects.

Visit us: https://kriyocitygroup.com/finance/irctc-share-price

[updatedgeek]

IRCTC share price target

The Indian Railway Catering and Tourism Corporation offers ticketing, catering, and tourism services. We shall conduct a technical analysis of the IRCTC share price target for the following years in this post.

IRCTC corporation information

Indian Railway Catering and Tourism Corporation is known by this initials. The company is a fully owned subsidiary of Indian Railways, the railway ministry of the Indian government. It provides the Indian Railways with a variety of services, including ticketing, tourist, and catering. In September 1999, the company was founded as a public-sector initiative. The company was classified as a Miniratna Public Corporation in 2008, which gave it some financial authority.

2019 saw the IRCTC share being launched on the National Stock Exchange. After that, the Government of India decreased its ownership to 87%, and the remaining shares were traded on the open market. The government also sold off an additional 20% of its ownership, bringing the stake down to 67%. In its fiscal year 2020 report, the company said that its revenue was Rs 2,353.53 crores and its net income was Rs 528.57 crores.

Technical Analysis of the IRCTC Stock Price

IRCTC's stock is currently trading at Rs. 763.90. In October 2021, the stock's value reached a peak of Rs 1273. The highest value is projected based on the stock's 1:5 split in November 2021.

IRCTC stock value

The share price of IRCTC has been consolidated during the previous 12 months between the two horizontal lines. Right now, the price is exactly where the horizontal lines meet. At the current pricing, aggressive purchasers may enter the transaction. Another option is to watch for a price break over the upper horizontal line. It will be the time when the share price of IRCTC breaks out of the consolidation zone and starts to rise.

Buyers who are conservative can wait till the price is between Rs. 650 and Rs. 700. In the upcoming years, it is anticipated that the share price of IRCTC would rise.

The business announced dividend payments of Rs 1.50 in August 2022, Rs 2 in February 2022, Rs 5 in September 2022, Rs 2.50, and Rs. 10 on February 2020.

IRCTC's target share price

The IRCTC share price target ranges from Rs 1,800 to Rs 1,850 for 2023, Rs 2,000 to Rs 2,250 for 2024, Rs 2,500 to Rs 2,680 for 2025, and Rs 6,000 to Rs 6,600 for 2030.

The projected share price for IRCTC is estimated using a variety of factors. The recovery of the economy following the pandemic is the first. The decline of COVID-19 instances is anticipated to result in increased growth for the hotel sector.

In many railway stations where they do not already offer services, IRCTC is likely to diversify its offerings. The company's revenue is predicted to increase by three to four times.

The administration is also anticipated to announce a number of initiatives for the expansion of the rail network. Because the government owns the corporation and there are no other private players in the market, the company enjoys a monopoly. However, the Indian Railways are currently in the process of being privatized, thus it is anticipated that their state would improve.

Conclusion

Being a growth-oriented stock, it is anticipated that IRCTC would generate revenue as more and more people start using railway services. If you hold your investment in IRCTC shares for a long time, you could see enormous gains.

Disclaimer: If you're considering investing in the stock market, talk to a financial professional first. Consider the risk and research the company's specifics.

A lot of people have questions

IRCTC: Is it the ideal long-term investment?

Yes, IRCTC can provide profitable long-term investments.

What does IRCTC aim to accomplish?

The goal is to earn between Rs 1,800 and Rs 1,850 in 2023, Rs 2,000 to Rs 2,250 in 2024, Rs 2,500 to Rs 2,680 in 2025, and Rs 6,000 to Rs 6,600 in 2030.

Should I buy IRCTC right now?

Yes, IRCTC is a smart investment in the current price range indicated by the price charts.

https://updatedgeek.com/irctc-share-price-target/https://updatedgeek.com/

[optionmarketspecialist]

Get IRCTC NSE Open Interest data. Check the increase in Open Interest and increase in price & changes in Open Interest. Visit tool for Open Interest analysis on Quantsapp!

[liojack]

What do you mean by Database?

The essentialness of data in today's world is known to all. Millions of data are being produced daily, and a lot of critical analysis is done so that organizations and startups can make crucial decisions. The application of a record of the database comes in several ways. For example, in perpetuating email composition and broadband data, the use of IRCTC, booking flights online, and accessing reference journal databases have made it very convenient and easy to acquire and use data.

Have you ever thought about how people manage the staggering amount of data produced daily? The answer to this question is "Database Management."

Electronic withholding of automated files knows that only precise and non-repetitive data can make for a worthwhile database system. Different users might retrieve such data simultaneously or with other fit points with the help of intriguing and crafty applications. Additional data can further describe specific data, and when the task is assigned, a person must get into details of the basics and elements of DBMS. The conversation with specialists in these applications or some samples of database assignments helps you or students to know the DBMS's fundamental principles, which can help enhance your expertise.

Although DBMS requires a lot of theory and practical parts that should be the focal points for students, and as fascinating as the subject is, it also has many layers of factors that should get seized, which is why students start surveying for DBMS Assignment Help Birmingham online.

But, before moving into the details of how students can solve the DBMS assignments, let's get into the introduction of what data is, how it is utilized in favor of students to store or retrieve their data and why it is essential for students to learn about databases in today's era.

What is Data?

Data is a collection of small units of information written on paper, memorized in mind, or stored in the computer's hardware device for a more extended period of time and can be retrieved by the people using the device at any point in time. It comes in various forms and means like text, number, media, bytes, images, contacts, and video. Students who search queries of Database Assignment Help are actually seeking data or information about that subject. Thus, in today's time, every soul is seeking data from anywhere they can access.

What is a Database?

A database is a well-organized group of data that is maintained on a hardware device. The most popular forms comprise a collection of tables with rows and columns of data storage. This facilitates managing, storing, and retrieving the data you require.

Databases underpin almost all of your online and, to some extent, offline activities. For instance, data in your feed is retrieved from a sizable database when you surf a social networking platform like Facebook, Instagram or Twitter. Also, when you buy groceries, data about your purchases are recorded in a database that can be accessed and examined to draw account details whenever you visit next time in that shop.

Depending on the application using the database, several types of data can be kept there, which students also retrieve to seek every now and then for their assignment help Birmingham of the Database subject. For e.g., a database for an online shop might have the following information:

Customer Details Data (Name, Address, Contact, Email ID)

Items purchased Details Data (Product, Color, Shape, Size, Quantity)

Price Details Data for the same purchased items (Price in case you revisiting)

Stock/Inventory Details Data (Restocked price, business data)

Market Data (Competition, Forecasting, or Assumed Details)

Evolution of Database

When there was no computer and students had no idea how to get information for Database Assignment Help, data was initially stored in massive data banks known as books OR writing pads. As technology advanced and information spread, entire writing communities were eventually relocated to the first virtual database storage.

The database's primary aim is to ensure that data can be easily and effectively stored and retrieved. A database is a collection of tabular information that may or may not be linked. As a result, a database is primarily a collection of data, and each system file is mostly a collection of previous records.

The database has completed 50 years of journey, from flat files to relational databases. Let’s get to know more about these data models below:

★   Flat File Model (1968)

The data was kept in file-based databases as flat files when they were first introduced in 1968. Although files provide numerous benefits, they do have some restrictions, but one of the most significant advantages is that the file system supports many access techniques, such as sequential, indexed, and random. It also necessitates substantial programming in a third-generation language like COBOL or BASIC.

★   Hierarchical Model (1969-1980)

As the name implies a hierarchical database stores data in a hierarchical order. It is more easily depicted as a family history containing a parent-child relationship. A one-to-many relationship exists when each parent has several children, but each child can only have one parent. Its ranking structure has layers or sections that equate to the file system's documentation type. The entity type contains a list of a specific record's attributes. That's why students get projects or assignments on hierarchy database models, mostly as it is complex to understand so many detailed relationships, which results in Assignment Help Birmingham queries online.

★   Network Model (1970-1990)

This was made just to accomplish three objectives of database which were not getting achieved by flat file or hierarchical models:

To comprehend complex connections of data more efficiently

To upgrade the activity of the database

To incorporate a properly systemized database

★   Object oriented Model (1990s - Present)

This DBMS employs programming languages such as C, C++, and Java, on which students occasionally seek assistance online for Database Assignment Help because of its difficulty in code.

★   Relational Database Model (1980s - Present)

E.F. Codd proposed the relational database model as the next stage after the hierarchical and network models. The advent of this paradigm was a significant advancement as it makes it possible for the entities to share an attribute, thus making the study and projects easy for Assignment Help Birmingham students. So, to connect two tables (entities), they must share a common property. Thus, large amounts of information can be kept in small tables using a relational database. Structured Query Language, a computer language, is used to create relational databases (SQL) as it serves as the foundation for all database programmes available today, ranging from Access to Oracle.

What is the utilization of Database?

As more businesses move their activities to digital platforms, databases are becoming increasingly crucial in handling mission-critical data.

Here are some examples of how businesses use databases:

Creating Applications

Saves Business Transactions

Stores Customers Details

Business Intelligence Assistance

Tracking Resource Issuance

Payroll Scheduling Database

Safeguarding Digital information

Backup and Recovery Anytime

No Data Redundancy

These organized information repositories can store nearly any type of data imaginable, sort it, and give it to you with the click of a mouse. Small-company owners can use business databases to manage and track their clients, products, and workers by utilizing the above activities religiously.

Also, it is getting essential that students learn about the importance of database management because by the time they will start working, they will know how cloud computing works, how stored data is accessed, how real-time dashboards are created, and how programming languages work on these platforms of oracle and access which further will help in their Database Assignment Help.

In Conclusion

Hopefully, these tips will prove to be beneficial for you, and now you can understand exactly what a database is and how it will be a turning point for future generations. If you still need assistance to know more about the subject and its practicality while doing the assignment, no worries. You can always seek help from My Essay Mate online experts, who will assist you 24x7 to deliver end-to-end solutions to your problem. They also have top database professionals available to help you with any of your database management projects. Without considering your financial circumstances, you could receive database assignment help in the UK at a reasonable cost. 

[helioscapital-blog]

10 Investment Resolutions to Make in 2022

It's that time every year when people make resolutions. Portfolio management service providers in India make a resolution next year to be a better investment. Because 2022 is the year that follows 2021's high, we are going to provide some guidelines that will help you succeed in your investment journey next year. Here are ten resolutions that will help you in your investment journey.

Find out your investment profile

You need to know your goals before you begin your investment journey. Know your investment goals and how much risk you are comfortable taking at this stage of your life. This will allow you to pick the right investment product mix.

  Diversify

You've heard the old saying, "Don't put all your eggs into one basket". This is true in investing more than any other area. Imagine being exposed to IRCTC during the stock crash. You might have suffered a heart attack if IRCTC were the only stock in your portfolio. However, you would have been able to sail smoothly if IRCTC was only 5%. To know more about how to diversify your portfolio contact portfolio management company in india

Asset Allocation is Important

A reasonable asset allocation can make your investment experience much more enjoyable! Knowing your risk profile will help you choose the right equity, bond, or gold mix. You will also have a better experience if you are more tactical about your asset allocation. For example, look at Helios Capital Balanced portfolio. Its strategic asset allocation allowed it to diversify into gold and bonds in March 2020, with a lower drawdown than the index.

Use momentum strategies.

Fundamental analysis is the most important guiding principle in investing. The breaking news is that markets are unpredictable. Markets tend to overreact to any new information or events at the beginning, but then eventually they will follow the trend and become more impulsive. This is why momentum investing, based on trends, can make a difference in the stock market's journey. Fundamental analysis does not provide a complete picture. Helios Capital is a momentum strategy you can invest in.

Balance regularly

Markets are unpredictable and can change dramatically. A strategy that worked well one period might not work well the next. It is important to review your allocation periodically and adjust for changing market conditions. Follow the advice of an advisor and rebalance as they suggest. Do not miss the chance to maximise your returns on investment and portfolio management service providers in India will help you to do so.

Minimize investment fees

Increased trading means more fees. Do not pay excessive fees for actions in your portfolio. You won't get better returns if you trade more. Research suggests that there should be a minimum amount of rebalancing.

Fight FOMO - Control your emotions

An experienced quant manager will tell you that emotions are the greatest enemy of traders. A systematic strategy is the best way to be successful in the markets. Don't react too much to positive news or panic at the first drawdown. Investors can be successful if they are methodical and stick to a plan.

Smartly use SIP

Consistently investing is the key to building a large portfolio. As part of your investment plan, you should always include a SIP. However, blindly investing in an index is not optimal. If you do a SIP with a fixed deposit, you are doing it wrong. Instead, invest in a tactical product or momentum-based product to protect your investment and provide growth opportunities.

Find new investment products

Our older generations only know fixed deposits, real estate and mutual funds. Today's world offers a wider range of investment options. Smart beta strategies such as innovation or momentum, and tactical asset allocation strategies are some of the most effective. Portfolio management service providers in India will help you to explore more investment products and gain high returns on investment.

Invest in global markets

When the US Fed reduces liquidity, global markets can be used as a hedge against volatility in India. Indians have many options for global investing. One such product is the Helios Capital Tactical EFTS portfolio on Vested. You can add a global flair to your portfolio to make it more accessible to worldwide opportunities!

[futurecapstocks]

Indian Railway Catering & Tourism Corporation (IRCTC) Multibagger 2021 Analysis

Indian Railway Catering & Tourism Corporation (IRCTC) Multibagger 2021 Analysis

In this article we can explore the possibility of IRCTS as a Multibagger 2021 Stock based on Value Investing principles. Website  www.irctc.com CMPRs.₹ 801 Indian Railway Catering & Tourism Corporation Ltd Indian Railway Catering and Tourism Corporation Ltd. (IRCTC) is a “Mini Ratna (Category-I)” Central Public Sector Enterprise under Ministry of Railways, Government of India. IRCTC was…

[stockmarketnewswallstreet]

Happiest Minds और IRCTC में बड़ी तेज़ी का मौका / Stock Market Analysis /

[tradersideology]

Fundamental Analysis of IRCTC | Monopoly Stock | Future Growth Stock

Fundamental Analysis of IRCTC | Monopoly Stock | Future Growth Stock

In today’s article, we are going to discuss a public sector company that has given a 240% return to its investors in 1 year. Talking about IPO share price, to date, this company is trading more than 4-5 times. 1 year back, its share price was Rs.1300approximately. Today it is around Rs.4600 made a high of 6200 approx. Talking about its services, mainly all industries must have used its…

[brainmassfinance]

Markets want more

Dear Reader, Fed chairman Jerome Powell hardly said anything new in his interaction with the Wall Street Journal, but that didn’t stop the US markets from selling off and others promptly followed suit. Sure, the talk is all about resurgent inflation leading to higher bond yields. But isn’t this rise in bond yields supposed to be a good thing, because it’s the result of higher growth? And higher growth is precisely what the Global Composite PMI for February shows, with the recovery being the strongest in the US, followed by India. The PMI for India confirmed that a cyclical recovery is underway, a fact borne out by our own recovery tracker. The RBI’s report on the state of the economy too was very bullish. Add to that the fiscal and monetary stimulus and the vaccination drive and growth can only get better. And just in case you were wondering why the government isn’t juicing the economy even more by allowing the private sector to start vaccinating people, we list some reasons here. RBI Monetary Policy Committee member Ashima Goyal told us the fear in the bond markets is not only unfounded, but there is room for rates to fall if inflation expectations are anchored. But banks don’t seem to be heeding that advice at the moment and have instead lowered their holdings of government securities. How then should investors decide probable future levels of interest rates? Simple, just follow the 12-month OIS (overnight indexed swaps), says RBI research. So what does that mean for equities? We said that, going by history, a fall in equities induced by a sell-off in bonds is just a blip in a long-term bull market and the US market is likely to shrug it off. After all, the Bank for International Settlements, that venerable bastion of conservatism, says that, if we take into consideration the very low levels of interest rates, there isn’t much froth in the overall markets. The contrary view, from the FT, is that it could mean the end of the party. How to reconcile these opposing viewpoints? We took a common sense approach to tell investors to take advantage of a two-way market to buy into good businesses. That is more or less the same advice that we distilled from Warren Buffet’s newsletter. Incidentally, this Indian technology-led financial services company ticks all the boxes of Buffett’s investment philosophy. Companies are long on India’s domestic economy, as this interview with ABB India MD Sanjeev Sharma tells us. He said, however, that private capex is yet to pick up. That is also the sense we got from our analysis of the government’s GDP estimates for the current quarter, which show that it is government spending that is driving growth.   That is good for logistics players such as TCI. The spending on infrastructure and construction is great for commercial vehicles, as we pointed out here and here. The K-shaped recovery has, however, led to sluggish sales of entry-level two-wheelers, telling us we have a long way to go before all boats are lifted. Nevertheless, higher auto demand has been good for battery makers and for companies like Endurance Tech. Along with commercial vehicle makers, MSTC will be a key beneficiary of the government’s scrappage policy.   The rise in metals prices is another opportunity. The recovery is playing out nicely for steel companies such as SAIL and iron ore companies like NMDC. Rain Industries, one of the largest global players for carbon products, is seeing a steady improvement in the end-market—the global aluminium industry. Companies are shaping their strategies to adapt themselves to the changed conditions, such as Nestle. In a very different industry, Wipro, through a large acquisition, has placed a bold bet.   The recovery is becoming broader. With travel picking up, Safari is emerging strongly from a difficult phase. We saw long-term promise in all IRCTC’s monopoly businesses. And we considered the potential in stocks in a diverse range of businesses, ranging from basic chemicals to fashion and retail.   The worry, with growth coming back, is that inflation too will raise its head. Global food price inflation, for instance, shows no signs of abating. Crude oil prices have jumped as Saudi Arabia extended its output cuts. Powell’s statement that there could be a temporary pick-up in inflation may therefore have spooked the bond markets. The US dollar too moved up, which is not good for emerging markets. But then, higher inflation with higher growth is par for the course, as are higher bond yields. Equity investors know that very well—the fear is in those sections of the market that have gone up unreasonably, on liquidity alone.     In the weeks ahead, it is entirely possible that the Fed may cave in to the markets’ asking for more. After all, the Australian central bank has increased its bond purchases and the ECB has hinted that more QE could be in the offing.   On the other hand, this could be the opportunity for Powell to show some spine and stay firm. He has already said that he’s not going to taper bond purchases, but he should also be equally firm in saying there is no need for more accommodation. After all, the BIS said that financial conditions in the US and in emerging markets are the most accommodative in a decade.   What if the bubble gets bigger? The silver lining, as this FT piece pointed out, is that ‘financial excesses and productivity explosions are “interrelated and interdependent”. In fact, past market bubbles were often the mechanisms by which unproven technologies were funded and diffused �� even if “brilliant successes and innovations” shared the stage with “great manias and outrageous swindles”.’ Cheers, Manas Chakravarty

[phungthaihy]

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[bigyack-com]

These IPOs Saw Bumper Demand In 2010s

From Jubilant FoodWorks and Coal India in 2010 to IRCTC and Ujjivan Small Finance Bank in 2019, a number of companies have forayed into the Indian capital markets in the past 10 years. These companies' IPOs or initial public offers saw blockbuster investor interest, with subscription ranging from five times to as high as 243 times. Out of these, at least eight companies received subscription of more than 100 times since July 2016: Quess Corp, Avenue Supermarts, Dixon Technologies, Capacit'e Infraprojects, MAS Financial Services, Astron Paper & Board Mills, IRCTC and Ujjivan Small Finance Bank, stock exchange data shows.

Here's a brief description of some of the bumper IPOs of 2010s:

2010CompanyIssue PriceSubscription (X Times)Jubilant FoodWorksRs 135 to Rs 14531United Bank of IndiaRs 60 to Rs 6633.377Persistent SystemsRs 290 to Rs 31093.6037Talwalkars Better Value FitnessRs 123 to Rs 12828.387Engineers IndiaRs 270 to Rs 29013.36SKS MicrofinanceRs 850 to Rs 98513.69Bajaj CorpRs 630 to Rs 66019.29Gujarat Pipavav Port Rs 42 to Rs 4819.94VA Tech WabaghRs 1,230 to Rs 1,31036.22Ashoka BuildconRs 297 to Rs 32415.94Oberoi RealtyRs 253 to Rs 26012.13Coal IndiaRs 225 to Rs 24515.14Power Grid CorporationRs 85 to Rs 9014.88MOILRs 340 to Rs 37556.43Punjab & Sind BankRs 113 to Rs 12050.75The year 2010 started with the Rs 329-crore IPO of fast food chain operator Jubilant FoodWorks which was subscribed more than 31 times. The company, which runs the Dominos Pizza chain in the country, offered shares in the range of Rs 135-145 in the IPO.In the following October, the Rs 15,200-crore public offer of state-run mining behemoth Coal India was subscribed more than 15 times. At the time, Kolkata-based Coal India accounted for nearly 80 per cent of coal output in the country.2011CompanyIssue PriceSubscription (X Times)Lovable LingerieRs 195 to Rs 20535.21Muthoot FinanceRs 160 to Rs 17524.55Lovable Lingerie's IPO worth Rs 93 crore was subscribed more than 35 times in March 2011. The Rs 901-crore IPO of Muthoot Finance the next month saw subscription of nearly 25 times.2012CompanyIssue PriceSubscription (X Times)Multi Commodity Exchange of IndiaRs 860 to Rs 1,03254.13Credit Analysis and ResearchRs 700 to Rs 75040.98PC JewellerRs 125 to Rs 1356.85The public offer of Multi Commodity Exchange (MCX) in February 2012 received bids more than 54 times the 64.27 lakh shares on offer. In the same year, the Rs 609-crore IPO of PC Jeweller was subscribed nearly seven times.2013In May 2013, local search engine Just Dial's IPO to raise Rs 950 crore was subscribed 11.63 times. Shares were sold in the price range of Rs 470-Rs 543.2014The IPO of amusement park operator Wonderla Holidays in April 2014 was subscribed more than 38 times. In the Wonderla IPO, shares were priced between Rs 115 and Rs 125.2015CompanyIssue PriceSubscription (X Times)Inox WindRs 315 to Rs 32518.6VRL LogisticsRs 195 to Rs 20574.26Syngene InternationalRs 240 to Rs 25032.05InterGlobe AviationRs 700 to Rs 7656.15S H Kelkar and CompanyRs 173 to Rs 18027.08Dr. Lal PathLabsRs 540 to Rs 55033.41Alkem LaboratoriesRs 1,020 to Rs 1,05044.29Narayana HrudayalayaRs 245 to Rs 2508.7Three major IPOs launched in 2015 by Inox Wind (Rs 1,021 crore), Alkem Laboratories (Rs 1,350 crore) and Dr Lal PathLabs (Rs 638 crore) were subscribed more than 74 times, 44 times and 33 times respectively. In the same year, the IPO of Biocon subsidiary Syngene International to raise Rs 550 crore was subscribed 32 times.2016CompanyIssue PriceSubscription (X Times)TeamLease ServicesRs 785 to Rs 85066.02Quick Heal TechnologiesRs 311 to Rs 32110.8Equitas HoldingsRs 109 to Rs 11017.21Thyrocare TechnologiesRs 420 to Rs 44673.55Ujjivan Financial ServicesRs 207 to Rs 21040.68Mahanagar GasRs 380 to Rs 42164.54Quess CorpRs 310 to Rs 317144.5Larsen & Toubro InfotechRs 705 to Rs 71011.69Dilip BuildconRs 214 to Rs 21920.95S.P. ApparelsRs 258 to Rs 26820.95RBL BankRs 224 to Rs 22569.62ICICI Prudential Life Insurance CompanyRs 300 to Rs 33410.48Endurance TechnologiesRs 467 to Rs 47243.84PNB Housing FinanceRs 750 to Rs 77529.55Laurus LabsRs 426 to Rs 4284.57Business services provider Quess Corp's Rs 400-crore IPO in July 2016 was subscribed nearly 145 times. Other hit IPOs that year included Thyrocare Technologies, RBL Bank, TeamLease Services and Mahanagar Gas which saw subscription of at least 65 times each.2017CompanyIssue PriceSubscription (X Times)BSERs 805 to Rs 80651.22Music BroadcastRs 324 to Rs 33339.67Avenue SupermartsRs 295 to Rs 299104.59AU Small Finance BankRs 355 to Rs 35853.6Cochin ShipyardRs 424 to Rs 43276.19Dixon Technologies (India)Rs 1,760 to Rs 1,766117.83Capacit'e InfraprojectsRs 245 to Rs 250183.03Prataap SnacksRs 930 to Rs 93847.39Godrej AgrovetRs 450 to Rs 46095.41MAS Financial ServicesRs 456 to Rs 459128.39Reliance Nippon Life Asset ManagementRs 247 to Rs 25281.54Mahindra LogisticsRs 425 to Rs 4297.9HDFC Standard Life Insurance CompanyRs 275 to Rs 2904.9Astron Paper & Board MillsRs 45 to Rs 50243.29The IPO of Astron Paper & Board Mills in 2017 to raise Rs 70 crore was subscribed 243 times. Ahmedabad-based Astron Paper was followed by Capacit'e Infraprojects (size: Rs 400 crore; subscribed 183 times), MAS Financial Services (Rs 227 crore; 128 times), Dixon Technologies (Rs 600 crore; 118 times) and Avenue Supermarts (Rs 1,870 crore; 105 times). 2018CompanyIssue PriceSubscription (X Times)Newgen Software TechnologiesRs 240 to Rs 2458.25Bandhan BankRs 370 to Rs 37514.63RITESRs 180 to Rs 18567.24HDFC Asset Management CompanyRs 1,095 to Rs 1,10083.06HDFC AMC's mega Rs 2,800-crore IPO in 2018 received strong investor interest with a subscription of 83 times.2019Mumbai-based diagnostics company Metropolis Healthcare's IPO to raise Rs 1,200 crore was subscribed nearly six times in January 2019.CompanyIssue PriceSubscription (X Times)Metropolis HealthcareRs 877 to Rs 8805.84Polycab IndiaRs 533 to Rs 53851.96Neogen ChemicalsRs 212 to Rs 21541.18IndiaMART InterMESHRs 970 to Rs 97336.21Affle IndiaRs 740 to Rs 74586.49Indian Railway Catering and Tourism Corporation (IRCTC)Rs 315 to Rs 320111.95CSB BankRs 193 to Rs 19586.93Ujjivan Small Finance BankRs 36 to Rs 37165.68Launched in September 2019, the IPO of IRCTC - the catering and online ticketing arm of state-run Indian Railways - to raise Rs 645 crore was subscribed 112 times with bids worth a whopping Rs 72,000 crore. 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