Beginner
Case Study: The IRCTC IPO and Listing Day Pop
IRCTC's October 2019 IPO listed at more than double its issue price and became the textbook example every Indian retail investor references when they talk about IPO pops. This case study walks through how IPOs actually work, what made IRCTC's specific IPO so oversubscribed, what happened on listing day, and the decisions retail investors had to make in the hours and weeks after. It is built to leave you able to evaluate the next hyped IPO on your own terms instead of on hype.
IPOsIRCTCListing Day PopsRetail InvestingIPO Allotment
MODULES
3
DURATION
4 Hours
TRACK
Stock Market Basics
What You'll Master
How an IPO is priced, subscribed, and allotted in India, from price band to listing
Why IRCTC's IPO specifically attracted such heavy retail and QIB demand
What actually happened on IRCTC's listing day, and why the stock moved the way it did
Why some IPOs pop and others list flat or below issue price
How to think about selling on listing day versus holding, and the tax and behavioural tradeoffs involved
A practical checklist for evaluating your next IPO application
Access Level
LEARNER
Everything included
Full Text Playbooks
Actionable Exercises
Mobile Reading Mode
Lifetime Updates