IRCTC may launch IPO on September 30

[Bapun]

Given the recent rally in the stock markets, state-run Indian Railway Catering and Tourism Corp Ltd (IRCTC) plans to launch its initial public offering (IPO) on 30 September, suggested media reports.

The government has already filed IRCTC's draft red herring prospectus (DRHP) with market regulator Securities and Exchange Board of India (Sebi) in August this year.

IRCTC may launch IPO on September 30- Business News