RailTel Corporation of India Limited IPO Message Board (Page 41)

Railtel Corporation of India IPO – Schedule *(Tentative)*

11th Feb – Announcement of Price Band
15th Feb – Anchor Investors Allotment
16th Feb – Offer Opens
18th Feb – Offer Closes
23rd Feb – Finalisation of Basis of Allotment
24th Feb – Unblocking of ASBA Accounts
25th Feb – Credit of Equity Shares to Depository Accounts
26th Feb – Commencement of Trading


Railtel Corporation of India IPO – Issue Information *(Tentative)*

Issue Opens on: 16 February 2021
Issue Closes on: 18 February 2021
Issue Type: Book Built Issue IPO
Issue Size: 8,66,53,369 Shares
Face Value: Rs.10/- per Share
Issue Price: Rs.93 – Rs.94 Share *(Tentative)*
Discount: NIL
Market Lot: 155 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 32,09,38,407 Shares
Offer for Sale of 8,66,53,369 Shares @94/- = Rs.814.54Crs
Equity Shares outstanding after the Issue = 32,09,38,407 Shares

Category-wise Break up:
Anchor – 2,58,46,011 Shares = 242.95Crs
QIB – 1,72,30,674 Shares = 161.97Crs
NII – 1,29,23,005 Shares = 121.48Crs
RII – 3,01,53,679 Shares = 283.44Crs (Lot size: 155 = 1,94,540 Forms)
Empl. Quota – 5,00,000 Shares = 4.70Crs
Total Issue – 8,66,53,369 Shares = 814.54Crs.

Subscription required for 1X
RII = 1,94,540 Forms
NII = 121.48 Crs


Railtel Corporation of India IPO – Financial Information (Basis of Valuation)

The information is collated from the following documents:
1) DRHP = Draft Red Herring Prospectus dated January 16, 2020 (390 pages)
2) Addendum = Addendum dated October 23, 2020 (156 pages)

EPS for FY17-18 >>> Rs.03.14 (Page #14 of Addendum)
EPS for FY18-19 >>> Rs.03.43 (Page #14 of Addendum)
EPS for FY19-20 >>> Rs.03.93 (Page #14 of Addendum)

RoNW for FY17-18 >>> 10.90% (Page #88 of DRHP)
RoNW for FY18-19 >>> 10.50% (Page #88 of DRHP)
RoNW for FY19-20 >>> 10.30% (Page #88 of DRHP)

NAV as on March 31, 2020 was Rs.26.0642.67 (Page #88 of RHP)

Listed Industry Peer Group (Page #89 of DRHP): NONE


Railtel Corporation of India IPO – *Market’s Current Estimates of oversubscription*:

NII = 30.00K Crs. = ~246.96X
RII = 25.00L Forms = 12.85X Applic. wise (Avg allotment of ~12.37 shares per lot)

Interest cost *@7.00%p.a.* for 7days = 12.62paise for 1X

Thus, for NII the costing = 246.96 X 12.62paise = Rs.31.16 per share (= GMP)

And, for RII the costing = 12.37 X 31.16 = Rs.386/- (= Kostak)


Railtel Corporation of India IPO – *GMP Estimated*
GMP 35 +/- 1
Kostak 435 +/- 10

Ma''am are you sure it''ll have Anchor list? As PSUs don''t have anchor portion.

@admin

Simeple Question
Is your process of updating details is slow/veryslow?

I request give me a rights to update new IPO details

"FINAL SCHEDULE"
RAILTEL CORPORATION OF INDIA IPO

Issue Opens on: 16 February 2021
Issue Closes on: 18 February 2021
Issue Type: Book Built Issue IPO
Issue Size: 8,66,53,369 Shares
Face Value: Rs.10/- per Share
Issue Price: Rs.93 – Rs.94 Share FINAL
Discount: NIL
Market Lot: 155 Shares
Listing At: NSE, BSE
23rd Feb – Basis of Allotment
24th Feb – Unblocking ASBA
25th Feb – Credit Equity Shares
26th Feb – Listing
Retail Lots - 195668 Lots

May he game changed
Rail Tel
Price band expected 93-94
Lot - 155 shares
Ipo size - 819 cr

GMP 13

This is first where I indicated about price may be increased

Railtel premium starts
30-35
🚀

3 new ipo this month


Nureca Limited IPO – Issue Information *(Final)*

Issue Opens on: 15 February 2021
Issue Closes on: 17 February 2021
Issue Price: Rs.396 – Rs.400 per Share
Market Lot: 35 shares

Retail 10%

*7142 application only for one time in retail*




Rail Tel
Price band expected 93-94
Lot - 155 shares
Ipo size - 819 cr
Date 16 to 18

HOS Heranba IPO
Feb 22 to 24 (Tentative)

*RailTel Corporation of India Limited IPO details (Final)*

Issue Opens : 16 February
Issue Closes : 18 February

Price band : 93 – 94
Lot Size : 155 shares

GMP-23 Bhavnagar

The price band expected was 80 and GMP was 23 now after seeing the gmp the price band increase to 95 and now GMP 13
That''s the reason I avoid applying PSU stocks.
Recently those applied in IRFC are crying and exited around 8-10% loss

This is the reason I avoid applying PSU stocks though the IPO will be subscribed with good number even they had increased the IPO Price to 100+. But seems they are happy with 20% hike in IPO Price Upper Circuit:)

😄😄

Gmp 13 bta ke ye double application thokega dekhna ye startegy hai is ki

RailTel: IPO
GMP 10/02/2021 @ 10pm 24 - 27 (Low Volume)

RailTel Corp IPO
Price band around 93 - 95 (Tentative)
Lot Size - 155 shares
IPO Size - 820 Cr

High risk IPO GMP will vanish before listing

RailTel IPO GMP last Heard 22 - 24

GMP blast 45 only buyers 🤘

I want to bid for ipo through my minor kids account.... Joe can i do that??? My kids account is with Bonanza.
Through which bank should i apply

IRFC UPDATE , result and dividend both on 13-feb-21
Available on BSE , corporate announcement
      
Fixes Record Date for Interim Dividend

In continuation to our Board Meeting intimation dated 3 February, 2021, and Pursuant to Regulation 29 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, as amended from time to time, this is to inform you that the Board of Directors of the Company in its meeting scheduled to be held on Saturday, 13 February, 2021, will also consider declaration of Interim Dividend to the members of the Company for the Financial Year 2020-21.
Further, in accordance with Regulation 42 of SEBI (Listing Obligations and Disclosures
Requirements) Regulations, 2015, the Record date for determining the entitlement of the
shareholders for the payment of aforesaid Interim Dividend shall be Saturday, 20% February,2021, subject to the approval of Interim Dividend by the Board of Directors.

Perfect timing, 13th is IRFC result, which I hope will be good. On 15th IRFC shooting above IPO price and on 16th railTel nikaling more retailers tel 😀

NICE, hope for all good

Very good ipo apply from short & long term

Pb & date announcement tomorrow..

Hello experts.... Today burger king announced its result, was not that good.... I have 100 shares of bugerking should I hold Or sell

Hold

Railtel Corporation of India IPO – Schedule *(Tentative)*

11th Feb – Announcement of Price Band
15th Feb – Anchor Investors Allotment
16th Feb – Offer Opens
18th Feb – Offer Closes
23rd Feb – Finalisation of Basis of Allotment
24th Feb – Unblocking of ASBA Accounts
25th Feb – Credit of Equity Shares to Depository Accounts
26th Feb – Commencement of Trading


Railtel Corporation of India IPO – Issue Information *(Tentative)*

Issue Opens on: 16 February 2021
Issue Closes on: 18 February 2021
Issue Type: Book Built Issue IPO
Issue Size: 8,66,53,369 Shares
Face Value: Rs.10/- per Share
Issue Price: Rs.79 – Rs.80 Share *(Tentative)*
Discount: NIL
Market Lot: 187 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 32,09,38,407 Shares
Employee Reservation of ??? Shares @80/- = Rs. ???.??Crs
Offer for Sale of 8,66,53,369 Shares @80/- = Rs.693.23Crs
Equity Shares outstanding after the Issue = 32,09,38,407 Shares

Category-wise Break up:
Anchor – 0 Shares = 000.00Crs
QIB – 4,33,26,683 Shares = 346.61Crs
NII – 1,29,98,006 Shares = 103.98Crs
RII – 3,03,28,680 Shares = 242.63Crs (Lot size: 187 = 1,62,185 Forms)
Empl. Quota – ???Shares = ???.??Crs
Total Issue – 8,66,53,369 Shares = 693.23Crs.

Subscription required for 1X
RII = 1,62,185 Forms
NII = 103.98Crs


Railtel Corporation of India IPO – Financial Information (Basis of Valuation)

The information is collated from the following documents:
1) DRHP = Draft Red Herring Prospectus dated January 16, 2020 (390 pages)
2) Addendum = Addendum dated October 23, 2020 (156 pages)

EPS for FY17-18 >>> Rs.03.14 (Page #14 of Addendum)
EPS for FY18-19 >>> Rs.03.43 (Page #14 of Addendum)
EPS for FY19-20 >>> Rs.03.93 (Page #14 of Addendum)

RoNW for FY17-18 >>> 10.90% (Page #88 of DRHP)
RoNW for FY18-19 >>> 10.50% (Page #88 of DRHP)
RoNW for FY19-20 >>> 10.30% (Page #88 of DRHP)

NAV as on March 31, 2020 was Rs.26.0642.67 (Page #88 of RHP)

Listed Industry Peer Group (Page #89 of DRHP): NONE


Railtel Corporation of India IPO – *Market’s Current Estimates of oversubscription*:

NII = 25.00K Crs. = ~240.42X
RII = 25.00L Forms = 15.41X Applic. wise (Avg allotment of ~12.13 shares per lot)

Interest cost *@7.00%p.a.* for 7days = 10.74paise for 1X

Thus, for NII the costing = 240.42 X 10.74paise = Rs.25.82 per share (= GMP)

And, for RII the costing = 12.13 X 25.82 = Rs.313/- (= Kostak)


Railtel Corporation of India IPO – *GMP Estimated*
GMP 25 +/- 1
Kostak 300 +/- 10

My Criteria of Minimum 30% GMP in PSU Stock fulfilled therefore I am aplying:)

GMP is almost above than 30 % ot it''s tentative premium 80.

@ septa guru,
precian camshaft
;)

any idea about price band?