Showing posts with label IRCTC. Show all posts
Showing posts with label IRCTC. Show all posts

Monday, 11 May 2020

IRCTC site starts with 2-hour lag; Howrah-Delhi tickets gone in 10 minutes

More than 50 days after the passenger services got shut, news of just 15 return journeys being resumed by the Indian Railways led to a mad rush on the IRCTC website and tickets to major routes vanished within hours.
A Railways official said that “by 9.15 pm, approximately 30,000 PNRs had been generated and reservations issued to more than 54,000 passengers”. Only tickets till May 18 were available for booking. Before the lockdown, 700,000-900,000 tickets used to get booked daily on Indian Railway Catering and Tourism Corporation (IRCTC).
Thousands wanting to travel out were kept waiting at the IRCTC website as instead of 4 pm, the bookings opened two hours behind schedule at 6 pm. In fact, all AC-1 and AC-3 tickets for the Howrah-New Delhi train were sold within the first 10 minutes.

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The Howrah-New Delhi train is scheduled to begin its journey on Tuesday at 5.05 pm. All AC-1 and AC-3 tickets for the Bhubaneswar-New Delhi trains also got sold out by 7.30 pm. An official from IRCTC said: “All trains towards eastern side — Howrah, Bhubaneswar, and Agartala — were fully booked by 7.30 pm, same was the case with trains from Mumbai.”
Many, however, also reported not being able book tickets of several routes, especially to south India, and also for return journeys to New Delhi. Those who could book, reported considerable lag. Till 4 pm, the Railways had not been able to publicise the train list or timings of the 15 trains. Explaining the delay in starting sales, a Railways official said: “The website has not crashed due to sudden traffic. The delay was happening because we were in the process of uploading some data pertaining to special trains.”
chartThe government had said on Sunday that bookings would only be allowed through the IRCTC website or through mobile apps. Also, though the Railways had said no tickets would be booked at reservation counters, on Monday it said some quota category tickets would be available at counters.
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Shares of IRCTC jumped 5 per cent in early trade on Monday after the Railways said it would gradually resume passenger train services from May 12. Shares gained 5 per cent to Rs 1,302.85 — its highest trading permissible limit for the day — on the BSE. At NSE, it rose 5 per cent to Rs 1,303.55 — its upper circuit limit.
The Railways has said the journey experience for passengers will be completely different this time around. The special trains, starting Tuesday, will have strict social distancing regulations. Travellers will be required to reach stations 90 minutes in advance and undergo compulsory thermal screenings. Though Aarogya Setu app, launched for contact tracing and tracking movement of Covid-19 infected persons, has not been made compulsory explicitly, it is part of an advisory for passengers.
The trains will have first, second, and third AC compartments and will follow the fare structure applicable for Rajdhani trains. No catering charges will be included in the fare and passengers will need to carry their own food and water. “IRCTC will make provision for limited ready-to-eat products on payment basis,” a government statement said. It added that no stalls or booths would be open on the platforms and train-side vending will not be permitted, too.
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No linen and blankets would be offered in the trains that will run between New Delhi railway station to Howrah, Rajendra Nagar, Dibugarh, Jammu Tawi, Bengaluru, Thiruvananthapuram, Chennai Central, Bilaspur, Ranchi, Mumbai Central, Ahmedabad, Agartala, Bhubaneswar, Mudgaon, and Secunderabad.
chartThe Railways said passengers can now make advance reservations seven days before the date of journey (against four months earlier). On cancellation, only 50 per cent of the fare would be refunded. Cancellation of tickets would be allowed up to 24 hours before the scheduled departure of train, while no cancellation would be permitted less than 24 hours before the departure of train.
“Booking of RAC/wait list tickets and on-board bookings is not permitted. Current bookings, tatkal, and premium tatkal bookings shall also not be permitted,” it said.

Wednesday, 25 September 2019

IRCTC looks to raise Rs 645 cr via IPO, at price band of Rs 315-320 a share

Online ticketing, tourism and the catering arm of railways, Indian Railway Catering and Tourism Corporation (IRCTC) on Wednesday said it is looking to raise up to Rs 645 crore through an initial public offering (IPO).
The price band of the IPO is fixed at Rs 315 to Rs 320 per equity share.
The issue comprises an offer for sale of 2.01 crore shares of the face value of Rs 10.
Out of the total issue size, 1,60,000 equity shares are reserved for eligible employees.
The issue will open on September 30 and closes on October 3.
"Through the IPO, we are offloading 12.5 per cent stake and it will bring down the government's stake to 87.5 per cent," the company's chairman and managing director, Mahendra Pratap Mall told reporters.
The company will not receive any proceeds from the offer and all proceeds will go to the selling shareholder, which is the government.
The book running lead managers to the offer are IDBI Capital Markets & Securities SBI Capital Markets and YES Securities (India).

Saturday, 31 August 2019

Pay more for IRCTC tickets from Sep 1: Check service charges on AC, non-AC

E-tickets bought through IRCTC will get costlier as the Indian Railways has decided to restore service charges from September 1, according to an order.
The IRCTC will levy a service charge of Rs 15 per ticket for non-AC classes and Rs 30 for AC classes, including first class, according to the August 30 order issued by IRCTC.

Goods and Services Tax (GST) will be applicable separately.
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The service charges were withdrawn three years ago to promote digital payments, a pet project of the Narendra Modi-led BJP government.
IRCTC used to levy a service charge of Rs 20 on every non-AC e-ticket and Rs 40 for every AC ticket before it was withdrawn.
Earlier this month, the Railway Board had given its approval to the Indian Railway Catering and Tourism Corporation (IRCTC) to restore the mechanism of charging service charge from passengers booking online tickets.
In a letter dated August 30, the Board had said the IRCTC, railways ticketing and tourism arm, had made a "detailed case" for the restoration of service charge on booking of e-ticket and the matter has been examined by the "competent authority".
It further said the Finance Ministry has contended that the scheme of waiving of service charges was a temporary one and that the railway ministry could begin charging e-tickets.
Officials say that after service charges were discontinued, IRCTC saw a 26 per cent drop in Internet ticketing revenue in financial year 2016-17.