RailTel Corporation of India Limited IPO (RailTel IPO) Detail

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. As on 30 June 2020, it has covered an optic fiber network over 55,000 Km and 5677 railway stations. The company has data centers in Haryana, Gurugram, Secunderabad, and Telangana.

RailTel Products and Services:

  • Telecom Network Services
  • Telecom Infrastructure Services
  • Data Center and Hosting Services
  • System Integration Services

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 (₹ in million)
31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 23,981 22,276.75 23,228.79
Total Revenue 11,660.05 10,382.66 10,212.18
Profit After Tax 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 Date
Issue TypeBook Built Issue IPO
Issue Size[.] Eq Shares of ₹10
(aggregating up to ₹700.00 Cr)
Offer for Sale86,653,369 Eq Shares of ₹10
(aggregating up to ₹[.] Cr)
Face Value₹10 per equity share
IPO Price[.] to [.] per equity share
Market Lot
Min Order Quantity
Listing AtBSE, NSE

RailTel IPO Promoter Holding

Pre Issue Share Holding100%
Post Issue Share Holding

RailTel IPO Prospectus

RailTel IPO Rating

589
4.2
Rating:Rated 4.2 stars

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RailTel IPO Reviews / Ratings

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Company Contact Information

RailTel Corporation of India Limited
Plate - A, 6th Floor, Office Block, Tower-2
East Kidwai Nagar, South Delhi
New Delhi 110023, India

Phone: +91 11 2290 0600
Email: cs@railtelindia.com
Website: http://www.railtelindia.com/

RailTel IPO Registrar

KFintech Private Limited
   Selenium Building, Tower-B, Plot No 31 & 32,
   Financial District,Nanakramguda, Serilingampally,
   Rangareddi, Telangana India - 500 032.

Phone: 1-800-3454001
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 [.] equity shares of the face value of ₹10 aggregating up to ₹700.00 Crores. The issue is priced at [.] to [.] per equity share. The minimum order quantity is .

    The RailTel IPO open and close dates are not available as of now.

    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 dates are not announced. Please check back again after some time.

  4. What is the lot size of RailTel IPO?

    RailTel IPO lot size and the minimum order quantity is not available at this time. Please check again later.

  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 [.], and the allotted shares will be credited to your demat account by [.]. Check the RailTel IPO allotment status.

  7. When is RailTel IPO listing date?

    The RailTel IPO listing date is not yet announced. The tentative date of RailTel IPO listing is [.].

RailTel IPO Message Board

Ranked Members  Ranked Members

Loading...
40. G.kumar |Nov 19, 2020 16:06
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
⚠️⚠️

Experts plz throw some lights on TCS buyback

thank u
🙏🙏
40.15. KrishnaTwentyFour |Nov 22, 2020 10:32
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Thank you Amit Sir
40.16. amit K singh |Nov 22, 2020 11:03
IPO Mentor IPO Mentor (600+ Posts, 1100+ Likes)
Yes Arth.
39. Nidhike |Nov 21, 2020 02:21
Top Contributor Top Contributor (300+ Posts, 400+ Likes)
Clear Avoid!!!!
39.5. KrishnaTwentyFour |Nov 22, 2020 08:08
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
If price 80 then it's costly...
39.6. HML |Nov 22, 2020 10:48
IPO Mentor IPO Mentor (800+ Posts, 2100+ Likes)
Nidhikeji is a senier and knowledgeable member.Joined this forum before many gurus made debut record just by the number of post of 1000+.Please respect everybody's opinion and let it be clear after final RHP numbers.Team should take necessary steps to avoid being criticised in other forums due to such shameless and emparassing post.
38. MASTER BLASTER |Nov 22, 2020 14:42
Dear all Experts,
Please advise that on record buyback date of ntpc ie. 13 th Nov. I was having 1740 shares of ntpc in my each 2 demat account.
Purchased 1740 instead of 1739.13.
Shall I be eligible for buyback of this share in retail category?
If not then please advise me for further step to be taken.
Regards!
38.2. MASTER BLASTER |Nov 22, 2020 20:38
Mr. Nand Kishore Ji
Thanks, but some other few people are saying that the Maximum limit of 2 Lacs for retail category must be divided by the buyback value of the equity share ie. 115 then the figure comes to 1739.13 n I am having 1740 as written earlier.
So I am little bit confused, anyway thanks a lot for your reply.
Regards!
38.3. Johny |Nov 22, 2020 21:07
Top Contributor Top Contributor (400+ Posts, 600+ Likes)
Closing price of record date i.e. 13th Nov is considered for 2Lac application so you are eligible under retail.
37. sonal patel |Nov 22, 2020 16:33
IPO Mentor IPO Mentor (700+ Posts, 3200+ Likes)
Irfc ipo details
Promoters of IRFC Ltd – The President of India, acting through The Ministry Of Railways, Government Of India

IRFC IPO details
Subscription Dates - December 2020
Price BandTo be updated 
Fresh issue1,188,046,000 shares
Offer For Sale594,023,000 shares
Total IPO size - 900 to 1000 cr
Minimum bid (lot size)To be updated
Face Value INR10 per share
Retail Allocation35%
Listing OnNSE, BSE
36. MASTER BLASTER |Nov 22, 2020 12:15
All Experts,
Please advise that on record buyback date of ntpc ie. 13 th Nov. I was having 1740 shares of ntpc in my each 2 demat account.
Purchased 1740 instead of 1739.13.
Shall I be eligible for buyback of this share in retail category?
If not then please advise me for further step to be taken.
Regards!
35. G.kumar |Nov 22, 2020 12:02
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
☝️☝️

V-Guard share target 197+ can be seen with in a month cmp 177

Thank u :)
34. A.DOSHI |Nov 22, 2020 10:40
what about kostal and gmp for railtel please exprets help me out to get it.
33. AARKAY |Nov 21, 2020 02:27
Wipro buy back record date has been announced. Please advice experts what should i do.
33.2. investormahesh |Nov 21, 2020 16:57
I have long experience of stock market but I have never participated in buy back because my present broker ie upstox doesn't allow it without POA. Prima facie it looks like easy money unless share price falls after record date. Should I open an account with zerodha also just to apply in buy back? Experts may kindly advise.
33.3. investormahesh |Nov 21, 2020 17:04
Zerodha allows participation in buy back without POA- as per their reply to me
32. NforNandkishor |Nov 20, 2020 20:47
Top Contributor Top Contributor (300+ Posts, 400+ Likes)
In my option apply in RailTel IPO. We can expect some listing gain. In wrost case scenario if the market goes bad on listing day, golden shoe option will keep share price just above the issue price.

In case if share lists at heavy discount, government will ask LIC and EPFO to purchase from open market until it reaches just above the issue price. So investors will get exit option on listing day.

But in long term,share price may fall due to multiple ofs and stake dilution by government.

I will apply for a single lot from all 6 Demat account and will sell all allotment on listing day
31. Eagleye |Nov 18, 2020 16:24
IPO Guru IPO Guru (5500+ Posts, 18800+ Likes)
Railtel Corporation of India IPO – Schedule *(Tentative)*

26th Nov – Announcement of Price Band
01st Dec – Anchor Investors Allotment
02nd Dec – Offer Opens
04th Dec – Offer Closes
09th Dec – Finalisation of Basis of Allotment
10th Dec – Unblocking of ASBA Accounts
11th Dec – Credit of Equity Shares to Depository Accounts
14th Dec – Commencement of Trading
31.1. Scrip |Nov 18, 2020 23:29
There won't be any anchor investors since it's a government company.
31.2. SatishKumarIPO |Nov 20, 2020 17:12
What is the best opportunity listing gain only:
Option 1 : Burger King
Option 2 : Railtel
Option 3 : Both are good for listing gain
Option 4 : Not applied
30. IPOANALYSIS |Nov 20, 2020 00:34
IPO Guru IPO Guru (1700+ Posts, 1300+ Likes)
Worst IPO among all PSU ever. Coming at 18 p/e for a PSU which is not growing at all
It does not deserve a P/ e of more than 10. Ideally price should be half and fair value not more than 50 rs. At 40 rs they should have priced to leave something on table. Just ignore this
30.2. IPOANALYSIS |Nov 20, 2020 16:02
IPO Guru IPO Guru (1700+ Posts, 1300+ Likes)
It's priced at 18 pe but does not deserve more than 10 pe which means it's priced expensive and not cheap.
30.3. lekker |Nov 20, 2020 17:08
IPO Mentor IPO Mentor (800+ Posts, 1400+ Likes)
for PSU PE 18 is costly, let see how this will get subscription.
29. investormahesh |Nov 20, 2020 00:12
Does upstox or zerodha allow participation in buy back without POA?
28. Runu Patra |Nov 19, 2020 23:30
New Member New Member
I urge for a share of Equitas Holding Ltd. from respective shareholder who has only one share in the Company and can transfer the same to my Demat Account no. IN 30611411819162, since it has least utilisation in near future. Thanks and best wishes for the forum members.
27. Eagleye |Nov 19, 2020 08:39
IPO Guru IPO Guru (5500+ Posts, 18800+ Likes)
Burger King India IPO – Schedule *(Tentative)*

02nd Dec – Announcement of Price Band
04th Dec – Anchor Investors Allotment
07th Dec – Offer Opens
09th Dec – Offer Closes
14th Dec – Finalisation of Basis of Allotment
15th Dec – Unblocking of ASBA Accounts
16th Dec – Credit of Equity Shares to Depository Accounts
17th Dec – Commencement of Trading
27.4. Eagleye |Nov 19, 2020 21:39
IPO Guru IPO Guru (5500+ Posts, 18800+ Likes)
They have not filed a DRHP
They filed an Addendum

Which doesn’t need approval
27.5. Ankur Goel |Nov 19, 2020 22:22
ohho, I thought it refiled DRHP.
26. Vedansh |Nov 19, 2020 06:30
https://telecom.economictimes.indiatimes.com/news/railtel-bags-e-office-phase-3-project-from-indian-railways/79279482
26.2. HML |Nov 19, 2020 22:20
IPO Mentor IPO Mentor (800+ Posts, 2100+ Likes)
@Ankur
you mean not much incremental growth.Right?
26.3. Ankur Goel |Nov 19, 2020 22:21
@HML, yes.
25. sonal patel |Nov 19, 2020 21:13
IPO Mentor IPO Mentor (700+ Posts, 3200+ Likes)
Dear admin
Please open separate page for burger King IPO...
24. Eagleye |Nov 19, 2020 08:39
IPO Guru IPO Guru (5500+ Posts, 18800+ Likes)
Railtel Corporation of India IPO – Schedule *(Tentative)*

26th Nov – Announcement of Price Band
02nd Dec – Offer Opens
04th Dec – Offer Closes
09th Dec – Finalisation of Basis of Allotment
10th Dec – Unblocking of ASBA Accounts
11th Dec – Credit of Equity Shares to Depository Accounts
14th Dec – Commencement of Trading
23. Arjun Rajkot |Nov 18, 2020 23:16
New Member New Member
Rail Tel IPO
No of Share: 8,66,53,369 Equity
Size: 693 CR.
FV: Rs. 10 Per share

Issue Opens 2nd Dec
Issue Closes 4 th Dec

No Anchors

Price Lot: Rs. 78-80
Lot size: 185 Shares
Retail 35%

Promoter: Govt of India
BRLM: JM Financial

22. A g pujari |Nov 17, 2020 09:44
Industrial and Prudential Investment Company Ltd. has approved buy back in its recently held board meeting. I am unable to find out i) whether it is under tender offer route or open market & ii) Buy back at what rate/price. Any one having knowledge please share.
22.1. HARI MODI |Nov 17, 2020 11:42
buyback price is rs 1200/- per share.
The buyback is proposed to be made from the shareholders of the Company
on a proportionate basis under the tender offer route using the stock
exchange mechanism in accordance with the provisions contained in the
SEBI (Buy Back of Securities) Regulations, 2018 (hereinafter referred to as
the "Buyback Regulations") and the Companies Act, 2013 and rules made
thereunder. The Buyback size does not include any taxes and expenses
incurred or to be incurred for the buyback like filing fees payable to
Securities and Exchange Board of India, advisory fees, public
announcement publication expenses, printing and dispatch expenses, and
other incidental and related expenses. The Buyback is subject to approval of
the Members by means of a special resolution through a postal ballot. The public announcement setting out the process, timelines and other requisite details will be released in due course in accordance with the Buyback Regulations.
22.2. arunARUN |Nov 18, 2020 13:31
Tender offer route. Buy back of upto 3.8% equity at Rs 1200
21. HML |Nov 17, 2020 22:29
IPO Mentor IPO Mentor (800+ Posts, 2100+ Likes)
RailTel IPO :
2 - 4 Dec.
Price band : 75 - 80
Lot : 185 shares
21.1. HML |Nov 18, 2020 11:53
IPO Mentor IPO Mentor (800+ Posts, 2100+ Likes)
GMP : 8 - 10







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