What is IRCTC Full Form?
Did you know that the IRCTC full form stands for Indian Railways Catering and Tourism Corporation? This public sector enterprise is the second largest online railway ticketing service in India. If you have any queries or problems, you can contact the helpline numbers mentioned in this article. In case you have any queries or need some help, you can always contact IRCTC by phone. This website supports several languages, including Hindi, Marathi, Tamil, Gujarati, and English.
IRCTC is a subsidiary of Indian Railways
In 2002, IRCTC, the marketing arm of the Indian Railways, launched the first online train ticket booking system. Since then, the company has transformed the way IR serves its customers. During its first year of operation, it booked 27 tickets. Now, it boasts of booking five lakh tickets daily. Annually, over 31 crore train tickets are booked through IRCTC. Of these, 55% are sold through windows, 37% online, and 8% through ticketing agents. In terms of payment, 36% of passengers make payments through Internet banking, 42% through credit/debit cards, and 24% through cash. In tier-one cities, IRCTC has even started a cash-on-delivery system. This system lets passengers pay for their rail tickets to the delivery boy.
While the government has accelerated its disinvestment agenda, IRCTC has been able to maintain its business model. In H1FY20, IRCTC reported a 12% YoY increase in net profit. The company also reported a 4% YoY increase in net sales. However, this growth has been accompanied by increasing fares and meal prices. It has also introduced a new platform where passengers can order food and beverages from reputed restaurants and food chains.
It is India’s second-largest online ticketing service
IRCTC, India’s second-largest online booking portal, was launched on May 22, 2007, with a capital of INR 20 crores. The site sold 27 tickets on its first day, and 3,343 in its first month. By 2009-10, its sales had skyrocketed. In 2010-11, it sold 9.69 crore tickets. By 2013, IRCTC accounted for nearly 19% of India’s internet audience, and 45% of the country’s travel website traffic. By 2013, it had six lakh registered users, which is quite an impressive number.
In addition to online ticket booking, IRCTC has many other services that appeal to the masses. The company’s Shubh Yatra program is a loyalty program for frequent travelers. It lets passengers reserve seats against advance payment. It also partners with leading tour operators and state tourism. Its website also allows customers to check the availability of seats in trains and cabs. Further, passengers can also find information on local restaurants and eat-in options.
It is a public sector enterprise
IRCTC, or the Indian Railway Catering and Tourism Corporation, is a public sector enterprise that operates on the Indian railways. The corporation was established in 1999 as the extended arm of the Indian Railways. With a vision to provide high-quality services, IRCTC shares have attracted a large number of investors and traders. This article will explore the company’s history and current state of affairs. This article will also briefly outline some of the company’s most notable services.
The government’s proposal to sell 2.4 crore shares in IRCTC represents about 15% of its paid-up equity share capital. An additional 0.8 crore shares will be offered at a discount to the discovered price of the shares. This means that IRCTC shareholders could receive about 16% of their equity shares for a total of five crore shares. The amount of shares being offered under the offer of sale route is about 16% below today’s closing price.
It has helpline numbers
The Indian Railway Catering and Tourism Corporation (IRCTC) handles tourism, catering, and online ticketing operations. To inquire about PNR status, use the online facility provided by the IRCTC or ConfirmTkt. The number can be accessed from any of the major mobile networks. The Centre for Railway Information Systems (CRIS) is responsible for managing Indian Railways’ information systems. The PNR status helps you track the status of a reservation. It can be used for multiple passengers or for the whole party. The standard SMS charges will apply for the service. All major telecom networks are supported.
Another way to check the status of a ticket is to contact the IRCTC helpline numbers. You can call them anytime to get assistance. The helpline numbers are available to answer all your questions and help you buy the best tickets. If you don’t know the answer to a question, the IRCTC full form has helpline numbers for all queries. The helpline numbers are available 24 hours a day to assist you.