RailTel Corporation of India Limited IPO (RailTel IPO) Detail

Feb 16, 2021 - Feb 18, 2021

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 Corporation

  • One 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.

Company Promoters:

The President of India, acting through the Ministry of Railways is the promoter of the company.

Company Financials:

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (Rs in million)
30-Sep-20 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 24,821.50 23,981 22,276.75 23,228.79
Total Revenue 5,537.84 11,660.05 10,382.66 10,212.18
Profit After Tax 455.84 1,410.66 1,353.56 1,340.06

Objects of the Issue:

The net proceed from the IPO will be used towards following purposes:

  1. To carry out the disinvestment plan.
  2. To achieve the benefits of equity share listing on the stock exchanges.

RailTel IPO Details

IPO Opening DateFeb 16, 2021
IPO Closing DateFeb 18, 2021
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹93 to ₹94 per equity share
Market Lot155 Shares
Min Order Quantity155 Shares
Listing AtBSE, NSE
Issue Size87,153,369 Eq Shares of ₹10
(aggregating up to ₹819.24 Cr)
Offer for Sale87,153,369 Eq Shares of ₹10
(aggregating up to ₹819.24 Cr)

RailTel IPO Tentative Timetable

The RailTel IPO open date is Feb 16, 2021, and the close date is Feb 18, 2021. The issue may list on Feb 26, 2021.

IPO Open DateFeb 16, 2021
IPO Close DateFeb 18, 2021
Basis of Allotment DateFeb 23, 2021
Initiation of RefundsFeb 24, 2021
Credit of Shares to Demat AccountFeb 24, 2021
IPO Listing DateFeb 26, 2021

RailTel IPO Lot Size

The RailTel IPO market lot size is 155 shares. A retail-individual investor can apply for up to 13 lots (2015 shares or ₹189,410).

ApplicationLotsSharesAmount (Cut-off)
Minimum1155₹14,570
Maximum132015₹189,410

RailTel IPO Promoter Holding

Pre Issue Share Holding100%
Post Issue Share Holding72.84%

RailTel IPO Subscription Status (Bidding Detail)

The RailTel IPO is subscribed 42.39x times on Feb 18, 2021 05:00. The public issue subscribed 16.78x in the retail category, 65.14x in the QIB category, and 73.25x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
QIB

65.14x

NII

73.25x

RII

16.78x

Employee

3.35x

Total

42.39x

RailTel IPO Prospectus

RailTel IPO Rating

3153
4.1
Rating:Rated 4.1 stars

Vote Here ...

RailTel IPO Listing Date

Listing DateFriday, February 26, 2021
BSE Script Code543265
NSE SymbolRAILTEL
Listing InB Group of Securities
ISININE0DD101019
IPO Price₹94 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE
₹94.00
₹104.60
₹104.60
₹125.50
₹121.40
15,941,272
NSE
₹94.00
₹109.00
₹101.00
₹127.85
₹121.35
128,128,642

RailTel IPO Registrar

KFintech Private Limited
   KFintech, Tower-B, Plot No 31 & 32,
   Financial District, Nanakramguda, Gachibowli,
   Hyderabad, Telangana India - 500 032.

Phone: 04067162222, 04079611000
Email: einward.ris@kfintech.com
Website: https://karisma.kfintech.com/

RailTel IPO FAQs

  1. What is RailTel IPO?

    RailTel IPO is a main-board IPO of 87,153,369 equity shares of the face value of ₹10 aggregating up to ₹819.24 Crores. The issue is priced at ₹93 to ₹94 per equity share. The minimum order quantity is 155 Shares.

    The IPO opens on Feb 16, 2021, and closes on Feb 18, 2021.

    KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

  2. How to apply in RailTel IPO through Zerodha?

    Zerodha customers can apply online in RailTel IPO using UPI as a payment gateway. Zerodha customers can apply in RailTel IPO by login into Zerodha Console (back office) and submitting an IPO application form.

    Steps to apply in RailTel IPO through Zerodha

    1. Visit the Zerodha website and login to Console.
    2. Go to Portfolio and click the IPOs link.
    3. Go to the 'RailTel IPO' row and click the 'Bid' button.
    4. Enter your UPI ID, Quantity, and Price.
    5. ‘Submit’ IPO application form.
    6. Visit the UPI App (net banking or BHIM) to approve the mandate.

    Visit Zerodha IPO Application Process Review for more detail.

  3. When RailTel IPO will open?

    The RailTel IPO opens on Feb 16, 2021 and closes on Feb 18, 2021.

  4. What is the lot size of RailTel IPO?

    RailTel IPO lot size is 155 Shares and the minimum order quantity is 155 Shares.

  5. How to apply for RailTel IPO?

    You can apply in RailTel IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  6. When RailTel IPO allotment?

    The finalization of Basis of Allotment for RailTel IPO will be done on Feb 23, 2021, and the allotted shares will be credited to your demat account by Feb 24, 2021. Check the RailTel IPO allotment status.

  7. When is RailTel IPO listing date?

    The RailTel IPO listing date is on Friday, February 26, 2021.

RailTel IPO Message Board

Ranked Members  Ranked Members

Loading...
836. ISHWAR CHOUDHARY |Mar 3, 2021 21:11
Mera IPO ka allotement ho gya payment bhi debit ho gya bank se share bhi angel me credit ho gya or sell bhi kar diya par bank me payment deduct hone ke bad bhi RAILTEL ka block Amount unblock nhi hua.

Kus solution hai to bataye please
835. hpsangha |Feb 26, 2021 13:14
Railtel IPO, Should I hold back or sell it today?
834. Noorul Khan |Feb 26, 2021 14:09
Sold my 740 share @ 114. Becaz market was soo negative today.. but still the ipo outperformed.. wasnt aware it will cross 125 today only..
833. RajBreaks |Feb 26, 2021 12:32
Bravo Retails,

Thoda Aur Himmat Dekhao, Aaj Aur Sell Maat Karo.
Closing Agar 128 Ke Upar Hua Toh Samjho 1-2 Weeks Me 150 Rs Confirm.
832. Kishore S |Feb 28, 2021 23:40
RailTel Corporation of India Ltd bags Rs. 105.82 crore orders from Ministry of Railways
831. msreddy |Feb 25, 2021 22:25
Hello,

I had applied for RailTel, but no shares allotted and the amount is still blocked. What can I do to get it unblocked?
Applied from Zerodha.
830. RajBreaks |Feb 28, 2021 12:02
I Think, All Retailers Must Have Been Given Credits.
Listing Day Pe Jaldbazzi Nehi Dekhaya Bechna Ka.
Thodasa Patience Agar Next 1-2 Weeks Ke Liye Dekha Saakte Ho Naa Bech Ke.
Then I Beleive It Can Cross Rs150.
Waise Bhi Good Stock To Be Invested For 1-2 Years or More For Good Return.

Mera Personal Opinion.
829. IPO SUSPENSE |Feb 28, 2021 08:10
Railtel 2 times hoga

In 2 year
828. RAKESH PUTHRAN |Feb 20, 2021 19:11
RAILTEL IPO is expected to have bumper listing.

Reason: With so many PSU''s expected to be disinvested in 2021. If RAILTEL follows IRFC pattern only Anchor investors will have to buy all PSU stocks on IPO till LIC disinvestment happens. So we will discuss on 26th Feb 2020 evening ,I am predicting RAILTEL GMP to go up in next week and a bumper Listing.
828.5. RAKESH PUTHRAN |Mar 3, 2021 21:16
Finally RAILTEL party ends.
828.6. Chaheta |Mar 18, 2021 21:52
Will it fall further? :(((
LTP: 131.20
827. BubbleBoy |Feb 26, 2021 19:43
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Any update on bulk / block deals on nse? Couldn''t find 26th Feb file.
826. Chokdi gang |Feb 26, 2021 19:03
Union bank still blocked railtel lien amount anyone facing same issue ?
825. Allued Investor |Feb 25, 2021 23:11
Listing range
115-130.

Enjoy🍸
824. jstm |Feb 25, 2021 22:49
IPO Guru IPO Guru (1000+ Posts, 2300+ Likes)
IRFC listed on last trading day of January
&
RailTel is going to be listed on last trading day of February.

Anchor Investors of IRFC shall be free to sell their stock holding after 30 days completed.
823. amitPune |Feb 26, 2021 15:03
Please share basis of allotment.
822. nitingupta |Feb 26, 2021 13:01
Why different UC on NSE (130.8) and BSE(125.5)?
821. Vaibhavvc |Feb 26, 2021 14:20
Plzz help......My application mandate was failed but money seems in lien amount.
whom shall i contact for refund? Tried calling registrar customer care but it always disconnects.
820. RAJU HYD |Feb 26, 2021 12:48
Upper circuit in BSE.
Marching towards upper circuit in NSE.
All the best to who have not sold.
819. Trump.in |Feb 26, 2021 12:48
Remember my last words :

Most of analysts failed to understand company fundamentals, it''s a gem.

Disclosure : I have Benn alloted 2 application in ipo and added more at avg. price of RS.110.65
818. SANJEEV SOOD |Feb 26, 2021 12:44
Already upper freeze on BSE , NSE Freeze Expected
817. SHANI |Feb 26, 2021 09:45
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
GOING TO UPPER CIRCUIT..







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