RailTel Corporation of India Limited IPO

Mainboard

Telecommunication - Service Provider

Listed On: Feb 26, 2021 at ₹ 109.0

₹ 14570 /155 Shares

Check Allotment

Price Summary

Last Closing

399.00 (324.47%)

52 Week High

617.80

52 Week Low

273.75

Last Update

25-Nov-2024 3:30 PM

IPO Details

16 Feb, 2021

Open Date

18 Feb, 2021

Close Date

24 Feb, 2021

Allotment Date

26 Feb, 2021

Listing Date

Issue Price

₹93-94 per equity share

Face Value

10 Per Equity Share

Listing at Group

BSE, NSE

Registrar

KFintech Private Limited

List Price

109.0

Listing Date

2021-02-26

Market Lot

155 Shares (₹14,570/-)

Lead Manager

ICICI Securities Limited
IDBI Capital Market Services Limited
SBI Capital Markets Limited

Issue Size

Offer for Sale of 8,71,53,369 Equity Shares of ₹10/- at price of ₹93/- to ₹94/- with aggregating up to ₹819.24/- Cr

Retail Portion

35%

Subscription

42.39 times

IPO Docs

DRHP

IPO Subscription Details

As on	QIB	NII	Retail	Employee	Total
Shares Offered / Reserved	1,73,69,237	1,29,98,006	3,03,28,680	5,00,000	6,11,95,923
Day 1 - 16-02-21 05:00 PM	0.00 x	0.75	4.99 x	0.81 x	2.63 x
Day 2 - 17-02-21 05:00 PM	2.96 x	2.63	10.54 x	1.85 x	6.65 x
Day 3 - 18-02-21 05:00 PM	65.14 x	73.25	16.79 x	3.36 x	42.39 x

Valuations

Earnings Per Share (EPS)

₹4.30/-

P/E Ratio

28.19

RoNW

10.30%

Net Asset Value (NAV) - As on 30.09.20

₹ 43.45

Company Financials All values are in ₹ Cr.

	31-Mar-20	31-Mar-19	31-Mar-18
Assets	2,398.10	2.227.67	2,322.87
Revenue	1,166.00	1,038.26	1,021.21
Profit After Tax	141.06	135.35	134.00

About The Company

RailTel Corporation of India Ltd. is a "Miniratna" (public sector) enterprise of Government of India focusing on providing broadband and VPN services. RailTel was formed in September 2000 with the objective of creating nationwide broadband, telecom and multimedia network, to modernise train control operation and safety system of Indian Railways. RailTel's network passes through around 5,000 stations across the country, covering all major commercial centres.

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- Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 72.84%

Company Promoter(s)

The President of India, acting through the Ministry of Railways

IPO - Issue Objectives

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

IPO - FAQs

Ans. RailTel Corporation of India Limited IPO is a Mainboard IPO. The issue is priced at ₹93-94 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.

Ans. The RailTel Corporation of India Limited IPO opens on Feb 16, 2021 and closes on Feb 18, 2021.

Ans. The size of RailTel Corporation of India Limited IPO is Offer for Sale of 8,71,53,369 Equity Shares of ₹10/- at price of ₹93/- to ₹94/- with aggregating up to ₹819.24/- Cr.

Ans. The IPO price band is set between ₹93-94 per equity share.

Ans. To apply for RailTel Corporation of India Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find RailTel Corporation of India Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of RailTel Corporation of India Limited IPO is Feb 24, 2021.

Ans. The RailTel Corporation of India Limited IPO will be listed on Feb 26, 2021.

Ans. Follow the steps to check the allotment status for RailTel Corporation of India Limited IPO here.