Of the total demand, the retail portion was subscribed 14.7 times while the employees’ portion was subscribed 5.8 times, the institutional part 109 times and the high networth investors portion was subscribed 355 times. Against the government’s target to sell a little over 2 crore IRCTC shares, at a price band of Rs 315-320 per share, the total demand was for 225.5 crore shares.
