Alankit Assignments News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Synopsis The quota for retail investors in RailTel IPO is fixed at 35 per cent of the net offer. Agencies RailTel shares is likely to list on the stock exchanges by February 26. NEW DELHI: RailTel Corporation, a PSU that provides internet services for the Indian rail system along with other things, is scheduled to launch its initial public offer (IPO) next week. The government will sell 27 per cent in the company to raise Rs 819 crore. RailTel will not receive any proceeds from the offer and all such proceeds will go to the government, helping it with constrained finances. Here is everything you need to know about RailTel IPO:

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