RailTel Corporation of India IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 819.24 Cr. The company is based in New Delhi and caters to Infrastructure sector. Idbi Capital Market Services , ICICI Securities , SBI Capital Markets are the merchant bankers of RailTel Corporation of India IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 29th September 2020.
RailTel Corporation of India IPO open date is 16th February 2021 and close date is 18th February 2021. IPO Allotment Date is 23rd February 2021 and Listing date is 26th February 2021.RailTel Corporation of India IPO size is ₹ 819.24 Cr. with IPO price of ₹ 94.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Idbi Capital Market Services Limited is the book-running lead manager of the RailTel Corporation of India IPO. Kfin Technologies Limited is the Registrar for RailTel Corporation of India IPO.
RailTel Corporation of India IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
RailTel Corporation of India IPO, based in New Delhi, operates in the Infrastructure sector with a focus on infrastructure providers to Indian Railways. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. RailTel Corporation of India IPO size is ₹ 819.24 Cr. with fresh issue size of ₹ 819 and Offer for sale being ₹ Nil
The IPO allotment date for RailTel Corporation of India IPO is expected to be 23rd February 2021, after the finalization of basis of allotment. Investors can check RailTel Corporation of India IPO allotment status on the registrars website, Kfin Technologies Limited . RailTel Corporation of India IPO refund dates are 24th February 2021.
RailTel Corporation of India IPO is expected to be listed on 26th February 2021.
The upper price band for the RailTel Corporation of India IPO is set at ₹ 94.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on RailTel Corporation of India IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the RailTel Corporation of India IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 18th February 2021. After submission, funds are blocked until the basis of allotment of RailTel Corporation of India IPO is finalised.
The merchant banker for RailTel Corporation of India IPO is Idbi Capital Market Services Limited , ICICI Securities Limited , SBI Capital Markets Limited . Idbi Capital Market Services Limited , ICICI Securities Limited , SBI Capital Markets Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the RailTel Corporation of India IPO RHP for further details.
The registrar for RailTel Corporation of India IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to RailTel Corporation of India IPO through their official website or helpline.
RailTel Corporation of India IPO was subscribed 42.39 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
RailTel Corporation of India IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on RailTel Corporation of India Financial Review Page
Merchant Banker(s) of RailTel Corporation of India IPO: Idbi Capital Market Services Limited , ICICI Securities Limited , SBI Capital Markets Limited
RailTel Corporation of India IPO subscription was 42.39 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
RailTel Corporation of India IPO listed at a listing price of 121.40 against the offer price of 94.00.
The current market price of RailTel Corporation of India is 406.45.
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