RailTel Corporation IPO

IPO Status: Upcoming [2nd Dec 2020 to 4th Dec 2020]

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What is RailTel Corporation IPO

RailTel Corporation, a public sector Information and Communication Technology (ICT) provider IPO of Rs. 700 Cr is coming soon. The IPO open and close dates are yet to be released. 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.

  • Incorporated Year: 2000
  • Sector: ICT industry
  • Website: https://www.railtelindia.com/
  • Issue Size: Rs. 700 Crore
  • About the company - RailTel Corporation of India Limited

    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. As of June 30, 2020, the optic fiber network of RailTel covers up to 55,000 route kilometers and 5677 railway stations. 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 IPO Objective

    The funds raised from the RailTel IPO will be used against below purposes;

    • To complete the disinvestment plan by selling [_] equity shares.
    • To get the share listing benefits on the BSE and NSE.

    RailTel IPO Details

    RailTel IPO details includes issue size, issue price, discount information, minimum and maximum order quantity, promoters holding details, NSE and BSE code.

    RailTel IPO Details
    RailTel Issue Details Values
    IPO Category Mainline
    IPO Issue Type Book Built Issue IPO
    IPO Issue Size ₹ 700 Crore
    Offer for Sale Upto 86,653,369 shares
    Face Value ₹10 Per Equity Share
    IPO Issue Price ₹TBD
    IPO Discount NA
    Market Lot TBD Shares
    Min Retail Qty TBD
    Max Retail Qty TBD
    Promoter Holding Pre IPO 100%
    Promoter Holding Post IPO
    IPO Listing At BSE, NSE
    BSE Code
    NSE Code

    RailTel Financials for past 3 Years

    Past performance and financial results of RailTel.

    RailTel financial
    RailTel Corporation IPO Financials 31-March-2020 31-Mar-2019 31-Mar-2018
    Total Assets ₹2398.1 Cr ₹2,227.68 Cr ₹2,322.88 Cr
    Total Income ₹1,166.01 Cr ₹1,038.27 Cr ₹1,021.22 Cr
    Net Profit/Loss ₹141.07 Cr ₹135.36 Cr ₹134.01 Cr

    RailTel IPO Strengths

    • One of the largest telecom infrastructure providers
    • Diversified product portfolio
    • Long-term experience in executing robust pipeline projects.
    • Sound financial track record
    • Strong corporate governance and management team

    RailTel IPO Threats/Weaknesses

    • Indian telecom industry is highly regulated industry and any adverse change in policy could dampen business financials
    • Revenues are highly dependent on PSU customers, Indian Railways and other GoI entities.
    • Technological upgradation is of paramount importance to stay competitively strong.
    • Internet security concerns and theft.
    • Continuously increasing pricing pressure can negatively affect business revenues, profitability, and costs.

    RailTel IPO Recommendations

    RailTel IPO Important Dates

    In this section we have covered all important dates related to RailTel IPO. Dates are updated as they are announced. The most noted dates are IPO start date and IPO end date, which one should use to participate in IPO.

    RailTel IPO important dates
    IPO Activity Date
    IPO Issue Open Date 2nd Dec 2020
    IPO Issue Close Date 4th Dec 2020
    Basis of Allotment Finalisation Date* 9th Dec 2020
    Refunds Initiation* 10th Dec 2020
    Credit of Shares to Demat Account* 11th Dec 2020
    IPO Listing Date* 14th Dec 2020

    * - Tentative Dates

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    @
      NRI Form ⇒

    RailTel IPO Draft Prospectus >>Document

    RailTel IPO Red Herring Prospectus >>RailTel IPO Red Herring Prospectus is not yet available.

    RailTel IPO Allotment Status >>RailTel IPO Allotment is not declared yet, we will provide the link for status once allotment is out.

    Company Address

    RailTel Corporation of India Limited
    Plate - A, 6th Floor, Office Block, Tower-2
    East Kidwai Nagar, South Delhi
    New Delhi, 110023
    Website: http://www.railtelindia.com/
    Email: [email protected]
    Phone: +91 11 2290 0600

    Registrar

    KFintech Private Limited
    Selenium Building, Tower-B, Plot No 31 & 32,
    Financial District,Nanakramguda, Serilingampally,
    Rangareddi, Telangana India - 500 032

    Lead Manager

    • ICICI Securities Limited
    • IDBI Capital Market Services Limited
    • SBI Capital Markets Limited
    RailTel IPO Important dates - Issue Open Date, close Date, IPO Listing Date. IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, IPO Listing date. What is the issue open date and close date for RailTel? Should I apply in RailTel IPO?

    Last Updated on 2020-11-18T22:32:58+00:00

    RailTel IPO FAQs

    1. 1. How to subscribe RailTel IPO with Zerodha?

      Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase RailTel IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply RailTel IPO with Zerodha.

      Alternate approch to apply in RailTel IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.

      RailTel IPO Review and Important Updates

      Other relevant questions :

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    2. 2. How to apply in RailTel IPO online?

      Apply in RailTel IPO online

      To subscribe or apply in RailTel IPO, you can use the following methods:

      RailTel IPO Applying ModeMethodDetails
      Online Application3-in-1 Trading Account

      If your broker is 3-in-1 service provider, you can apply in RailTel IPO directly with your brokers website. Example HDFC Securities, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment.

      Online Application2-in-1 Trading Account

      Brokers like Zerodha, TradeSmart Online provides access to applying in RailTel IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online.

      Online ApplicationASBA

      This is one of the most popular mode of applying in RailTel IPO. Most of the Syndicate Banks provide access to apply in RailTel IPO via ASBA process. You must have your net banking access, DP ID information to apply in RailTel IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account.

      Offline ApplicationPhysical Form

      You can apply in RailTel IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app.

      RailTel IPO Review and Important Updates

      Other relevant question on same topics are:

      Where to subscribe RailTel IPO? Where to apply for RailTel IPO? How to subscribe RailTel IPO online? RailTel IPO where to apply? Where to buy RailTel IPO online? How to buy RailTel IPO online? How to purchase RailTel IPO? How to get RailTel IPO? How to book RailTel IPO? How to invest RailTel IPO? RailTel IPO kaise buy kare?

       

    3. 4. What is the listing date of RailTel IPO?

      RailTel IPO is going to be list on 14-12-2020.

      Other relevant questions:

      When RailTel IPO will be listing? RailTel IPO listing date?RailTel IPO date of listing

       

    4. 5. When RailTel IPO will be allocated?

      RailTel IPO Allotment Date is 9-12-2020.

      Other relevant questions:

      RailTel IPO share allotment date?RailTel IPO allotment date?

       

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    User Comments

    avatar
    5. Mohd yaseen  11/10/2020 11:51:29 PM Reply
    RailTel IPO whether to invest or not.
    avatar
    5.1. a  11/19/2020 10:00:18 AM
    Rail Tel IPO - Tentative Info
    No of Share: 8,66,53,369 Equity
    Size: 693 CR.
    FV: Rs. 10 Per share

    Issue Opens 2nd Dec
    Issue Closes 4 th Dec

    No Anchors

    Price Lot: Rs. 78-80
    Lot size: 185 Shares
    Retail 35%

    Promoter: Govt of India
    BRLM: JM Financial
    avatar
    4. SATYAM Vats  11/10/2020 11:51:29 PM Reply
    RailTel IPO expected listing gain.
    avatar
    3. Suryanarayan maharana  11/10/2020 11:51:29 PM Reply
    Please confirm RailTel IPO GMP (grey market premium) and kostak.
    avatar
    2. Jakkam shetti sai babu  11/10/2020 11:51:29 PM Reply
    RailTel IPO good or bad.
    avatar
    1. Ruchit p kaneriya  11/10/2020 11:51:29 PM Reply
    RailTel IPO - CRISIL Rating, Apply or not?.

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