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RailTel Corp.of India Ltd.

RailTel Corp.of India Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹94
₹94
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹94
Based on GMP
Min. Investment
₹14,570
1 lot × 155 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
16 Feb 2021
Close Date
18 Feb 2021
Allotment
23 Feb 2021
Listing Date
26 Feb 2021
Exchange
NSE & BSE
Price Band
₹94
Listing Price
See chart
Allotment Status
Price Band
₹94
Per share
Face Value
₹10 per share
 
Lot Size
155 Shares
per lot
Issue Size
8,71,53,369 shares (aggregating up to ₹819.24 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,570
1 lot
Pre-IPO Holding
32,09,38,407 shares
Promoters
Post-IPO Holding
32,09,38,407 shares
Promoters
UPI Deadline
2021-02-18
Mandate
Anchor AllotmentMon, 15 Feb 2021
Basis of AllotmentTue, 23 Feb 2021
Refund InitiationWed, 24 Feb 2021
Demat CreditWed, 24 Feb 2021
Listing DayFri, 26 Feb 2021
UPI Mandate Deadline2021-02-18
Sale TypeOffer For Sale
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
RailTel Corp.of India Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 18 Feb 2021.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
87,153,369
100% ₹819.24
IPO Shares Offered
RailTel Corp.of India Ltd. IPO total issue size: ₹819.24 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 87,153,369 ₹819.24
100.00%
* Based on upper price band ₹94 per share
Lot Size & Investment
Lot Size
155
Shares per Lot
Issue Price
₹94.00
Upper Band
Min Investment
₹14,570
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2310₹29,140
Retail (Max — 13 Lots)132,015₹189,410
S-HNI (Min — 14 Lots)142,170₹203,980
B-HNI (Min — 69 Lots)6910,695₹1,005,330
* Issue Price ₹94 × Lot Size 155 shares
IPO Schedule
Anchor
15 Feb 2021
✓ Done
IPO Open
16 Feb 2021
✓ Done
IPO Close
18 Feb 2021
✓ Done
Allotment
23 Feb 2021
✓ Done
Refunds
24 Feb 2021
✓ Done
Demat Credit
24 Feb 2021
✓ Done
Listing Day
26 Feb 2021
✓ Done
RailTel Corp.of India Ltd. — Live Price LIVE
₹94.00
INR · BSE
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Issue ₹94.00 Live Price
About RailTel Corp.of India Ltd.
Incorporated in 2000, RailTel Corporation is a public sector business unit, wholly owned by the Government of India (GOI) and administrated by the Ministry of Railways. It is an Information and Communication Technology (ICT) infrastructure provider company. The company was established with the key objective to modernize telecom infrastructure and today, it is one of the largest telecom infrastructure providers.RailTel uses the latest technology like high dense wavelength division multiplexing (DWDM) and multi-protocol label switching (MPLS) network. The company has data centers in Haryana, Gurugram, Secunderabad, and Telangana.Key Facts about RailTel CorporationOne of the largest neutral telecom infrastructure providers in India with PAN India optic fiber network.Diversified Range of services i.e. Telecom Network, Telecom Infrastructure, Data Center and Hosting, and Projects.Operates an optic fiber network covering 59,098 route Kms and 5,929 railway stations in India.RailTel Corporation has an exclusive right of way along 67,415 Kms connecting 7,321 railway stations.Center Network Operation Center at New Delhi and 4 NOCs at Mumbai, Delhi, Kolkata, and Secunderabad.It has 305,746 retail customers and 5,023 Access network providers (ANPs) to deliver the last mile connectivity.
Objects of the Issue
1
1 To carry out the disinvestment of 87,153,369Equity Shares by the Selling Shareholder constituting 27.16% of our Company’s paid up Equity Share capital our Company; and
2
2 To achieve the benefits of listing the Equity Shares on the Stock Exchanges
RailTel Corp.of India Ltd. Financials (Amount in Crore)
Revenue from Operations
₹1,038.3
31-Mar-19
₹1,166.0
31-Mar-20
₹553.8
30-Sep-20
Profit After Tax (PAT)
₹135.4
31-Mar-19
₹141.1
31-Mar-20
₹45.6
30-Sep-20
Particulars30-Sep-2031-Mar-2031-Mar-19
Revenue from Operations 553.78 1166.01 1038.27
EBITDA N/A N/A N/A
Profit After Tax (PAT) 45.58 141.07 135.36
Net Worth N/A N/A N/A
Total Assets 2482.15 2398.10 2227.68
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered8,71,53,369 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding32,09,38,407 shares
Post-Issue Promoter Holding32,09,38,407 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
ICICI Securities Ltd.
IDBI Capital Markets Services Ltd.
SBI Capital Markets Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much RailTel Corp.of India Ltd. IPO subscribed?

RailTel Corp.of India Ltd. IPO is subscribed 1.00 times by Feb 18, 2021. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is RailTel Corp.of India Ltd. IPO retail subscription status?

The RailTel Corp.of India Ltd. IPO retail category is subscribed 1.00 times as of 18 Feb 2021. The retail portion is oversubscribed.

How to subscribe RailTel Corp.of India Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 16 Feb 2021 and closes 18 Feb 2021. Min investment: ₹14,570 (1 lot = 155 shares). UPI mandate: 2021-02-18.

How many times RailTel Corp.of India Ltd. IPO subscribed?

The RailTel Corp.of India Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check RailTel Corp.of India Ltd. IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 23 Feb 2021. Refunds: on 24 Feb 2021.

When RailTel Corp.of India Ltd. IPO will be listed?

The RailTel Corp.of India Ltd. IPO listing date is 26 Feb 2021, Friday. Listed on: NSE & BSE. Issue price: ₹94. Estimated listing: ₹94. GMP: NIL.

When RailTel Corp.of India Ltd. IPO close?

The RailTel Corp.of India Ltd. IPO closes on 18 Feb 2021, Thursday. UPI mandate: 2021-02-18. Allotment: 23 Feb 2021. Listing: 26 Feb 2021.