RailTel IPO is opening on February 16th, 2021, we have clearly mentioned details of IPO.
Contents
RailTel IPO Details
| 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 | 87,153,369 Eq Shares of ₹10 (aggregating up to ₹819.24 Cr) |
| Offer for Sale | 87,153,369 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 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 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).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 155 | ₹14,570 |
| Maximum | 13 | 2015 | ₹189,410 |
Company Financials:
| 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 |
RailTel IPO Promoter Holding
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 72.84% |
RailTel Company Profile:
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.
RailTel Company Contact Information
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/
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
- Visit the Zerodha website and login to Console.
- Go to Portfolio and click the IPOs link.
- Go to the ‘RailTel IPO’ row and click the ‘Bid’ button.
- Enter your UPI ID, Quantity, and Price.
- ‘Submit’ IPO application form.
- Visit the UPI App (net banking or BHIM) to approve the mandate.
FAQ:
Q: When is the IPO Opening Date?
IPO Opening Date Feb 16, 2021
Q: What is the Price of RailTel IPO?
₹93 to ₹94 per equity share
Q: When is RailTel IPO Closing Date:
IPO Closing Date Feb 18, 2021