RailTel Corporation of India Limited IPO Message Board (Page 2)

Same problem.

Called the bank. Told me that after the revocation of mandate, the amount should unblock in 3 working days. My mandate is still not revoked.
Also told me to take the problems to the merchant (Zerodha in my case) as they don''t have any more data.
Worst case, mandate will expire and amount will unblock after 9 march.

So, is your amount unblocked?
Mine is still blocked, the bank is unresponsive.

Still blocked. Zerodha says contact bank, bank says contact zerodha.
Worst case, mandate will expire on 8th March and amount will be unblocked.

The end date for UPI mandates for the IPO is 15th Feb, 2021. Your bank is supposed to release the blocked amount automatically by the mandate end date. In case the release is not processed by your bank, you can escalate it at ipo.upi@npci.org.in to NPCI.

Regards,
Team Zerodha

I copied and pasted from my mail. Hope, this will help you.

I meant 26th Feb 2021 evening above ( sorry for the typo).

That''s an interesting view.
If Railtel also doesn''t list with premium, upcoming PSU IPOs maybe ignored by RII.

each issues trades on perceived strengths and weakness which causes demand and supply. Considering dividend in IRFC and ex dividend price it has already crossed the benchmark of IPO price. But some would still want to trade above 26 only. Let them wait

Had told you ,it will be a good listing,. a 25-26% gain on listing day is a very good gain ,especially when its predecessor IRFC had a negative lisiting . Railtel may see a positive in this week also, after that don''t keep it, as business profile is good but management thinking and business strategy is limited.They are not even thinking of how to leverage 5G which will fall in their lap( without them know what to do with that golden opportunity). This is what happens when you keep such management. Anayways ,my suggestion sell in this week if you have kept it.

Another 20% upper circuit today. Enjoy but don''t forget to sell it in this week.

Another 20 % Upper Circuit. Tomorrow onwards the circuit is 10% +/- . So enjoy

Finally RAILTEL party ends.

Why has RAILTEL started falling?
LTP - 148.20

Why has Railtel Started to fall?
LTP:148.20

26-Feb-21      RAILTEL      Railtel Corp of Ind Ltd      NIPPON INDIA MUTUAL FUND - MULTI CAP FUND      BUY      2000000      116.13      -
26-Feb-21      RAILTEL      Railtel Corp of Ind Ltd      GOLDMAN SACHS INDIA FUND LTD      BUY      3709685      113.57      -
26-Feb-21      RAILTEL      Railtel Corp of Ind Ltd      NIPPON INDIA MUTUAL FUND      BUY      5000000      109      -

Rest all usual traders buy/sell

Selling pressure on IRFC.

Volume is barely 2 crore shares at avg 24.7. I dont think institutional investors worry about few cores.

Where have you seen the negative listing boss. It opened at 109 on Nse. It''s a stellar listing for a PSU company considering the market conditions what people say it as "Blood Bath".