Rail Tel IPO:- Rail tel was incorporated in 2000 as a public sector company. Rail tel whole business is held by the government of India and administrated by the Ministry of Railway. it is an information technology Infrastructure provide company. It is the largest telecommunication infrastructure, provider company.
Railtel used New technology high dense wavelength division multiplexing (DWDM) and multi-protocol label switching (MPLS) networks. Rail tel data center in Hariyana, Gurugram, Sikandrabad, and Telangana.
About Railtel corporation:-
Railtel is one of the amongst neutral telecommunication infrastructures Providing with in the country And owning pan India optic fiber network on the way of along with the railway track. Presently Railtel corporation covers the optics fiber network 58,742 Route kilometers and covers 5,848 railway stations across India. Railtel also undertakes varied traveler services as well as content-on-demand services and Wi-fi across In India.
Rail tel Financial Position:-
Rail tel Financial Position As Per Below.
|PARTICULAR||31-03-2020 (IN MILLION)||31-03-2019 (IN MILLION)||31-03-2018|
|PROFIT AFTER TAX||1410.65||1353.56||1340.06|
RAIL TEL IPO DETAILS:-
Rail tel IPO Details as per below.
|IPO OPENING DATE||16 FEB 2021|
|IPO CLOSING DATE||18-FEB-2021|
|ISSUE TYPE||BOOK BUILT ISSUE IPO|
|FACE VALUE||RS.10 PER EQUITY SHARE|
|IPO PRICE||RS.93 TO RS.94 PER EQUITY SHARE|
|MARKET LOT||155 SHARES|
|MIN ORDER QUANTITY||155 SHARES|
|LISTING LIST||NSE, BSE|
|ISSUE SIZE||87,153,369 Eq SHARE OF RS10|
|OFFER SALE||87,153,369 Eq SHARE OF RS.10|
Railtel IPO Tentative Timetable:-
Rail tel IPO tentative Timetable as per below:-
|IPO OPEN DATE||16 FEB 2021|
|IPO CLOSE DATE||18 FEB 2021|
|BASIS OF ALLOTMENT DATE||23 FEB 2021|
|INITIATION OF REFUNDS||24 FEB 2021|
|CREDIT OF SHARE TO DEMAT ACCOUNT||24 FEB 2021|
|IPO LISTING DATE||26 FEB 2021|
Rail tel IPO lot size:-
Rail Tel IPO Lot size is 155 shares. Retail investors can apply up to 13 shares lots.
Rail Tel IPO Oversubscribed:-
Rail Tel IPO Open On 16 Feb 2021. And It Oversubscribed By Retail Investors In a Few hours. Rail Tel IPO issued 61,195,923 equity shares. Retails investors Buy 30,328,680 And 500,000 Distributed in Employee.
|Qualified institutional Buyer||17,369,237|