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IPO Status: Listed [16th Feb 2021 to 18th Feb 2021]
IPO Issue Opening Date: | 16th Feb 2021 |
IPO Issue Closing Date: | 18th Feb 2021 |
IPO Issue Price: | ₹93-94 Per Share |
DRHP: | Download DRHP |
RHP: | Download RHP |
Anchor List: | Download Anchor List |
IPO Listing At: | BSE, NSE |
Retail Quota: | 50.38 |
IPO Issue Type: | Book Build Issue |
IPO Issue Size: | ₹ 819.24 Crore |
Offer for Sale: | 87,153,369 shares of ₹10 each [ Aggregating to ₹819.24 Cr] |
Face Value: | ₹10 Per Equity Share |
IPO Discount: | NA |
Promoter Holding Pre IPO: | 100% |
Promoter Holding Post IPO: | 72.84% |
Allotment Status: | Allotment Status |
Get important updates regarding RailTel IPO tentative timeline covering IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
IPO Activity | Date |
---|---|
Basis of Allotment Date* | 23rd Feb 2021 |
Refunds Initiation* | 24th Feb 2021 |
Credit of Shares to Demat* | 24th Feb 2021 |
IPO Listing Date* | 26th Feb 2021 |
* - Tentative Dates
IPO Activity | Date |
---|---|
Issue Price | ₹93-94 |
Market Lot: | 155 Shares |
1 Lot Amount: | ₹14570 |
Min Small HNI Lots(2-10 Lakh): | 2170 shares(14 lots) |
Min Big HNI Lots(10+ Lakh): |
GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Expected Listing Gain | Last Updated |
---|---|---|---|---|---|
24-02-2021 | 94 | 10 | -- | ₹104 (10.64%) | 24-Feb-2021 21:29 |
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**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
RailTel Corporation, a public sector Information, and Communication Technology (ICT) provider IPO of Rs. 819.24 Cr is coming soon. The IPO opening date is 16th Feb 2021 and the closing date is 18th Feb 2021. It is a Book Building IPO that price range is Rs. 93.00- Rs. 94.00 per share and IPO lot size is 155 shares. The face value of RailTel Corporation IPO is Rs. 10 per share and the IPO floor price is 9.30 times and the cap price is 9.40 times the face value. The IPO employee reservation is 500,000 shares. Stay updated with us to know the complete Railtel IPO review including lot size, IPO price band, IPO dates, business overview, financials, strengths, weaknesses, DRHP, RHP, IPO Grey Market Premium (GMP), and more.
RailTel Corporation, a Mini Ratna PSU is an ICT provider and one of the largest neutral telecom infrastructure providers in India. The company offers a diversified product portfolio including Telecom Network Services, Telecom Infrastructure Services, Data Center and Hosting Services, and System Integration Services. It also offers e-office services, short-haul, and long-haul connectivity services, and passenger services i.e. Wi-Fi, content-on-demand services, etc.
Its OFC network spread across cities and towns covering nearly 70% of India’s population. The company has successfully executed many projects such as USOF funded optical fiber project in North East India, National Optical Fiber Network, etc.
It also owns Data centers at Secunderabad, Haryana, Gurugram, and Telangana that offer various ICT solutions such as cloud computing, dedicated hosting, Co-location services, DR site services, and other IT-related services.
RailTel product & service portfolio
Incorporation | Sector | IPO Issue Size | Website |
NULL | NULL | ₹ 819.24 Crore | http://www.railtelindia.com/ |
The funds raised from the RailTel IPO will be used against below purposes;
The table below is live update of IPO bidding details from NSE and BSE.
Day | QIB | NII | RII | EMP | Total | |
---|---|---|---|---|---|---|
# of Shares Offered | 17,369,237 (28.38%) | 12,998,006 (21.24%) | 30,328,680 (49.56%) | 500,000 | 61,195,923 | |
1 | 16th Feb 2021 05:02 | 0.00x | 0.75x | 4.99x | 0.81x | 2.64x |
2 | 17th Feb 2021 12:01 | 2.96x | 2.63x | 10.55x | 1.85x | 6.64x |
3 | 18th Feb 2021 05:02 | 65.14x | 73.25x | 16.78x | 3.35x | 42.39x |
RailTel Corporation IPO Financials | 30-Sep-2020 | 31-March-2020 | 31-Mar-2019 | 31-Mar-2018 |
---|---|---|---|---|
Total Assets | ₹2482.15 Cr | ₹2398.1 Cr | ₹2,227.68 Cr | ₹2,322.88 Cr |
Total Income | ₹553.78 Cr | ₹1,166.01 Cr | ₹1,038.27 Cr | ₹1,021.22 Cr |
Net Profit/Loss | ₹45.58 Cr | ₹141.07 Cr | ₹135.36 Cr | ₹134.01 Cr |
Last Updated on 13-Apr-2021 01:10:39