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:
| Symbol | RAILTEL |
| IPO Opening Date | Feb 16, 2021 |
| IPO Closing Date | Feb 18, 2021 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹93 to ₹94 per equity share |
| Market Lot | 155 Shares |
| Min Order Quantity | 155 Shares |
| Listing At | BSE, NSE |
| Issue Size | Approx. ₹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 Date | Feb 16, 2021 |
| IPO Close Date | Feb 18, 2021 |
| Basis of Allotment Date | Feb 23, 2021 |
| Initiation of Refunds | Feb 24, 2021 |
| Credit of Shares to Demat Account | Feb 24, 2021 |
| IPO Listing Date | Feb 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 Holding | 100% |
| Post Issue Share Holding | 72.84% |
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