RailTel IPO

RailTel IPO

Here we are Discussing about the RailTel IPO Open and close Date, Price band at which RailTel IPO IPO will come and Its detailed Review.

RailTel Corporation a Mini Ratna PSU of Government of India is one of the largest neutral telecom infrastructure providers in the country owning a Pan-India optic fibre network on exclusive Right of Way along Railway track.

The OFC network covers all important towns & cities of the country and several rural areas covering 70% of India’s population.

RailTel with a strong nationwide presence is committed to bring cutting edge technology and offer innovative services to the Indian Telecom market.

RailTel is in the forefront in providing nationwide Broadband Telecom & Multimedia Network in all parts of the country in addition to modernization of Train operations and administration network systems. With its Pan India high capacity network, RailTel is working towards creating a knowledge society at various fronts.

Railtel IPO Allotment Status

Investors can Check their Nureca IPO Allotment Status on Registrar’s website.

You can Check Nureca IPO Allotment Status On BSE Website.

Railtel IPO Details

Open Date16 February 2021
Close Date18 February 2021
Listing Date26 February 2021
Minimum Quantity (Market Lot)155 Shares
Share Price93 – 94 Rs. Per Equity Share
Face Value10 Rs. Per Equity Share
One Market Lot Price1,89,410 Rs.
RHPClick To View

RailTel IPO Date

Open Date16 February 2021
Close Date18 February 2021
Allotment Finalisation23 February 2021
Refund (From ASBA Account)24 February 2021
Share Transfer To Demat Account24 February 2021
Listing Date26 February 2021


RailTel IPO Lot Size

ApplicationLotsSharesAmount (Cut-off)
Minimum115514,570
Maximum1320151,89,410

RailTel IPO Objectives

Particulars
Disinvestment From Government PSU
Share Listing on Stock Exchange

RailTel IPO Subscription Status

DateQIB (x)NII (x)Retail (x)Employee (x)Total (x)
18-Jan-210.000.754.990.812.64
19-Jan-212.962.6310.531.856.64
20-Jan-2165.1473.2516.783.3542.39

RailTel IPO Share Listing Gains Details

IPO Listing Day DetailsNSEBSE
IPO Listing Date26-Feb-202126-Feb-2021
IPO Cutoff Price₹94.00₹94.00
IPO Listing Price₹109.00₹104.60
Listing Gains / Per Equity Shares₹15.00₹10.60
Listing Gains (%)15.95%11.27%
Closing Price₹121.35₹121.40
Day High₹127.85₹125.50
Day Low₹101.00₹104.60
Upper Circuit
Lower Circuit
Total Shares Traded12,81,28,6421,59,41,272

RailTel IPO Share

IPO Issue Size87,153,369 Shares
Fresh IssueN/A Shares
Offer For Sale87,153,369 Shares
Exchange ListingNSE, BSE

RailTel IPO Balancesheet

Date30-Sep-2031-Mar-2031-Mar-1931-Mar-18
Total Assets 24,821.5023,98122,276.7523,228.79
Total Income5,537.8411,660.0510,382.6610,212.18
Total Expense4,916.009,319.478,205.778,350.95
Restated Profit After tax (PAT)455.841,410.661,353.561,340.06

As At / For the year or period ended (₹ in Million)

RailTel IPO IPO GMP (Grey Market Premium)

DateGMPKostakSauda
13-Feb-202135 – 404004000

View All IPO Detailed GMP Here.

RailTel Company Details

Company sectorTechnology Infrastructure
Promoters NameTHE PRESIDENT OF INDIA, ACTING THROUGH THE MINISTRY OF RAILWAYS, GOVERNMENT OF INDIA
Promoter Shareholding Pattern (Pre Issue)100%
Promoter Shareholding Pattern (Post Issue)72.84%
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