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IRCTC or Indian Railway Catering and Tourism Corporation’s (IRCTC) Rs 645-crore initial public offer (IPO) will open for subscription on Monday and close on Thursday.

The Indian Railways has come out with three IPOs of its subsidiaries—Rail Vikas Nigam Limited (RVNL), Rail India Technical and Economic Service (RITES) and Indian Railway Construction Company Limited (IRCON)—so far.

1. State-run IRCTC has set the price band of Rs 640 crore IPO at Rs 315-320 per share. Retail investors and eligible employees would be offered a discount of Rs 10 per share.