RailTel Corporation Share Price: Shares last traded 16.13 per cent higher at Rs 169.15 on the BSE.
Shares of RailTel Corporation of India surged for the third straight day on Tuesday, March 2, tracking strong investor sentiment and also after winning an order worth Rs. 105.82 crores from the Ministry of Railways. According to a regulatory filing by the firm to the BSE, the order involves various upgradation and signaling work at some railway stations as well as replacement of mechanical signaling at some stations. On Tuesday, RailTel opened on the BSE at Rs 161, touching an intraday high of Rs 173.50, and an intraday low of Rs 156.05, so far. (
RailTel Corporation s IPO Opens For Bidding. Here Are Things To Know 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 employees
Updated: February 16, 2021 9:58 am IST
Investors can subscribe for a minimum one lot of 155 shares and in multiples thereof, till up to 13 lots
RailTel Corporation s Rs 820 crore initial public offer (IPO) opens for subscription today i.e. February 16. The public issue will remain open for three days until February 18. The shares of RailTel are likely to be listed on the BSE and NSE exchanges on February 26.
RailTel Corporation IPO: Investors can subscribe for a minimum one lot of 155 shares
RailTel Corporation s Rs 820 crore initial public offer (IPO) will be open for subscription from February 16 to February 18, at an issue price of Rs 93-94 per share. The shares of RailTel are set to be listed on the BSE and NSE on February 26.
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 employees. Investors can bid for a minimum one lot of 155 equity shares and in multiples thereafter, up to 13 lots. The quota for retail investors in RailTel IPO is fixed at 35 per cent, qualified institutional buyers quota is 50 per cent and non-Institutional Investors segment is 15 per cent.