RailTel Corporation of India Limited IPO
Mainboard₹14,570 / 155 Shares
RailTel Corporation of India Limited IPO Details
The RailTel Corporation of India Limited IPO price band is set between ₹93-94 per equity share, with a face value of 10 per share. The issue is managed by KFintech Private Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 16 Feb, 2021 and closes on 18 Feb, 2021. Investors can check the allotment status on 24 Feb, 2021, while the listing date is tentatively scheduled for 26 Feb, 2021.
The total issue size is Offer for Sale of 8,71,53,369 Equity Shares of ₹10/- at price of ₹93/- to ₹94/- with aggregating up to ₹819.24/- Cr, aggregating up to . Stay tuned for the latest RailTel Corporation of India Limited IPO review and GMP updates.
RailTel Corporation of India Limited IPO Review, Rating & Analysis
RailTel Corporation of India Limited IPO Review
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RailTel Corporation of India Limited IPO Highlights
IPO Date
Feb 16, 2021 - Feb 18, 2021
Listing Date
26 Feb, 2021
Face Value
10 Per Equity Share
Price Band
₹93-94 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
RailTel Corporation of India Limited IPO Lot Size
The minimum market lot for RailTel Corporation of India Limited IPO is 155 shares with an application amount of ₹14,570. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 155 | ₹14,570 |
| Retail (Max) | 13 | 2015 | ₹1,89,410 |
| S-HNI (Min) | 14 | 2170 | ₹2,03,980 |
| S-HNI (Max) | 68 | 10540 | ₹9,90,760 |
| B-HNI (Min) | 69 | 10695 | ₹10,05,330 |
RailTel Corporation of India Limited IPO Timeline
Issue Price
₹93-94 per equity shareFace Value
10 Per Equity ShareListing at Group
BSE, NSERegistrar
KFintech Private LimitedLead Manager
ICICI Securities LimitedIDBI Capital Market Services LimitedSBI Capital Markets LimitedIssue Size
Offer for Sale of 8,71,53,369 Equity Shares of ₹10/- at price of ₹93/- to ₹94/- with aggregating up to ₹819.24/- CrRailTel Corporation of India Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 20 | 2398.10 | 1166.00 | 141.06 | - | - | - |
| 31 Mar 19 | 2.227.67 | 1038.26 | 135.35 | - | - | - |
| 31 Mar 18 | 2322.87 | 1021.21 | 134.00 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- The President of India, acting through the Ministry of Railways
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 72.84% |
About Company
RailTel Corporation of India Ltd. is a "Miniratna" (public sector) enterprise of Government of India focusing on providing broadband and VPN services. RailTel was formed in September 2000 with the objective of creating nationwide broadband, telecom and multimedia network, to modernise train control operation and safety system of Indian Railways. RailTel's network passes through around 5,000 stations across the country, covering all major commercial centres.
Frequently Asked Questions about RailTel Corporation of India Limited IPO IPO
When will RailTel Corporation of India Limited IPO open for subscription?
The RailTel Corporation of India Limited IPO opens on 16 Feb, 2021 and closes on 18 Feb, 2021.
What is the investors portion for RailTel Corporation of India Limited IPO?
The investors' portion for QIB is N/A%, NII is N/A%, and Retail is N/A%.
How to apply for RailTel Corporation of India Limited IPO?
You can apply for RailTel Corporation of India Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of RailTel Corporation of India Limited IPO?
The issue size of RailTel Corporation of India Limited IPO is approx ₹Offer for Sale of 8,71,53,369 Equity Shares of ₹10/- at price of ₹93/- to ₹94/- with aggregating up to ₹819.24/- Cr crores.
What is the price band of RailTel Corporation of India Limited IPO?
The price band for RailTel Corporation of India Limited IPO is ₹93 to ₹94 per equity share.
What is the lot size of RailTel Corporation of India Limited IPO?
The minimum bid (lot size) for RailTel Corporation of India Limited IPO is N/A shares with an investment of approx ₹14,570 .
What is the allotment date of RailTel Corporation of India Limited IPO?
The allotment date for RailTel Corporation of India Limited IPO is 24 Feb, 2021.
What is the listing date of RailTel Corporation of India Limited IPO?
The listing date for RailTel Corporation of India Limited IPO is expected to be 26 Feb, 2021.
What is the GMP of RailTel Corporation of India Limited IPO?
The latest Grey Market Premium (GMP) for RailTel Corporation of India Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.