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RailTel Corporation of India Limited IPO Details

RailTel Corporation of India Limited IPO

RailTel Corporation of India Limited is one of the largest telecom infrastructure providers. RailTel is a “Mini Ratna (Category-I)” Public Sector Enterprise company Incorporated in 2000.

RailTel Corporation of India Limited IPO Details:

SymbolRAILTEL
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 SizeApprox. ₹819.24 Cr)

Price Band Ad-RailTel

  • QIB Portion: not more than 50% of the Net offer
  • Non institutional Portion: not less than 15% of the Net offer
  • Retail portion: not less than 35% of the Net offer
  • Employee reservation portion: 500,000 equity shares

RailTel Corporation of India Limited IPO Tentative Timetable

  • The RailTel Corporation of India Limited IPO open date is Feb 16, 2021, and the close date is Feb 18, 2021
  • IPO Market Timings: 10.00 am to 5.00 pm
  • Cut-off time for UPI Mandate Confirmation: February 19, 2021 (upto 12.00 pm)
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 Market Lot Size

  Minimum Lot Size: Minimum 155 Shares
 Minimum Amount: 14570
  Maximum Lot Size: Maximum 2015 Shares
 Maximum Amount: 189410

RailTel IPO Promoter Holding

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

RailTel limited IPO Prospectus

https://www.sebi.gov.in/filings/public-issues/sep-2020/railtel-corporation-of-india-limited-draft-red-herring-prospectus_47788.html

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 Lead Manager(s)

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