IRCTC Sets Record Date For Stock Split: Check Date And Other Details

The board of directors of the Indian Railway Catering and Tourism Corporation (IRCTC) had previously declared that the company's one equity share will be split into five. Dividing one equity share with a face value of Rs 10 into five equity shares with a face value of Rs 2 each.

In accordance with Regulation 42 (2) of the SEBI (LODR) 2015, the Company has set Friday, October 29, 2021, as the Record Date for determining the names of shareholders eligible for the subdivision/split of equity shares of Rs.10/- each into five (5) equity shares of Rs.2/- each.

IRCTC's stock was up 12 percent at Rs 931. During the early trade, the stock achieved a high of Rs 947 and a low of Rs 810.

IRCTC is the only organization permitted by Indian Railroads (IR) to provide catering services to railways, online railway ticketing, and packaged drinking water at railway stations and trains in India.

It is a Mini Ratna public sector enterprise under the administrative jurisdiction of the Ministry of Railways. The government of India owned 67.4 percent of the corporation as of June 30, 2021.

In the case of IRCTC, each shareholder's one share will be multiplied by five. The number of shares would increase to 125,00,00,000 from 25,00,00,000 after the split, according to reports.

On October 14, 2019, IRCTC shares were listed on the stock exchanges. The shares began trading at Rs 644, a premium of 101.25 percent over the IPO price of Rs 320. From its IPO price, the stock has increased by 1086.77 percent.

INDIAN RAILWAY CATERING AND TOURISM CORPORATION LTD FUNDAMENTALS
Parameter	Values
Market Cap (Rs. in Cr.)	61550.40
Earning Per Share (EPS TTM) (Rs.)	18.56
Price To Earnings (P/E) Ratio	207.22
Book Value Per Share (Rs.)	83.55
Price/Book (MRQ)	46.05
Price/Earning (TTM)	178.13
ROCE (%)	19.35