RailTel Corporation of India IPO: 10 things to know before subscribing to the issue
The public issue, which opened for anchor investors on February 15, will be available for subscription from February 16 to February 18. February 16, 2021 / 07:50 PM IST
RailTel Corporation of India s initial public offering is be the second public issue from the government and the seventh IPO of the year 2021.
Indian Railway Finance Corporation, Indigo Paints, Home First Finance Company and Stove Kraft have already listed on the bourses. Brookfield India REIT will make its market debut on February 17 and Nureca opened its public issue on February 15.
ICICI Securities, IDBI Capital Markets & Securities and SBI Capital Markets are the lead managers to the issue.
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The initial public offer is an offer for sale of 8,71,53,369 equity shares by the government, out of which 5 lakh equity shares will be reserved for the company's employees
Dalal Street Week Ahead | Here are 10 key factors that will keep traders busy next week
The market is expected to be stock-specific based on the forthcoming quarterly results, Vinod Nair of Geojit Financial Services has said. Sunil Shankar Matkar February 07, 2021 / 09:57 AM IST
The market clocked the biggest ever weekly gains in absolute terms, with the benchmark indices hitting new highs as the bulls, backed by the banking sector, had a free run of the week ended February 5.
A growth-oriented Budget that went big on spending with no new taxes, forward-looking policies of the Reserve Bank of India that stuck to an accommodative stance, strong quarterly earnings, FII buying and positive global cues boosted market sentiment.
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