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Rs 819.24-crore offer. It received bids for 2,59,42,43,370 shares against 6,11,95,923 shares on offer. New Delhi: Telecom infrastructure provider RailTel Corporation of India Ltd on Friday made a strong debut with its shares zooming over 29 per cent on closing when compared with the issue price. On BSE, the scrip opened on a strong note of Rs 104.6 apiece, compared with the initial public offering price of Rs 94. During the intra-day trade, the stock had touched a high of Rs 125.5 before settling at Rs 121.4, higher 29.15 per cent when compared with the issue price and a gain of 16.06 per cent, in comparison to the opening price. ....
Highlights Rs 819.24-crore offer. It received bids for 2,59,42,43,370 shares against 6,11,95,923 shares on offer. New Delhi: Telecom infrastructure provider RailTel Corporation of India is all set to be list on the bourses on Friday (February 26). As per reports, the RailTel Corporation of India may be listed with a 10-25 percent premium. The initial public offer of RailTel Corporation of India was subscribed 42.39 times on the final day of subscription on February 18. The Rs 819.24-crore offer received bids for 2,59,42,43,370 shares against 6,11,95,923 shares on offer, as per data available with the NSE. The qualified institutional buyers (QIBs) category was subscribed 65.14 times, non institutional investors 73.25 times and retail individual investors (RIIs) 16.78 times. ....
RailTel IPO: Allotment of shares on February 23, here s how to check status The Rs 819-crore IPO of telecom infrastructure provider received bids for 2,59,42,43,370 shares against 6,11,95,923 shares on offer BusinessToday.In | February 22, 2021 | Updated 13:03 IST RailTel Corporation of India s Rs 819.24-crore IPO - the seventh issue this year closed on February 18 The share allotment in RailTel IPO, which closed last week, is likely to be finalised by Tuesday, February 23. RailTel shares are proposed to be listed on BSE and NSE on February 26. The initial public offering (IPO) of state-owned RailTel Corporation of India was subscribed 16.78 times on its third and last day of bidding, more retail bids than 14.74 times in RITES and 14.95 times from IRCTC s IPO. ....
RailTel IPO allotment status: Here s how to check Top Searches RailTel IPO allotment status: Here s how to check TIMESOFINDIA.COM / Feb 24, 2021, 10:46 IST FacebookTwitterLinkedinEMail Bidding for the RailTel IPO issue began on Tuesday. NEW DELHI: The allotment status of RailTel s initial public offer (IPO) is available on the official website of the BSE. Those who have applied for the RailTel IPO can visit BSE website to check the allotment status. State-owned RailTel fixed a price band of Rs 93-94 a share for its initial share-sale which opened for a period of three days from February 16 to February 18. The total size of the offer was of Rs 819.24 crore, comprising 87,153,369 equity shares of face value of Rs 10 each. It was a complete offer for sale by the government. Hence, the company would not directly receive any proceeds from the same. ....