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RailTel IPO opens today: Price band, lot size, issue size & other details


RailTel IPO opens today: Price band, lot size, issue size & other details
The minimum market lot size for the IPO is 155 shares, where an individual investor can apply for up to 13 lots (2015 shares or Rs 189,410)
BusinessToday.In | February 16, 2021 | Updated 10:03 IST
State-owned RailTel Corporation of India IPO is a complete offer for sale of 8,71,53,369 equity shares by the Government of India. and is worth Rs 819.24-crore
RailTel Corporation IPO- the seventh public offering of 2021-will open for subscription today. The IPO is available at a price band of Rs 93-94 per share, with face value of Rs 10 apiece. The public offer of the Mini-Ratna company will close on February 18. ....

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RailTel IPO today I RailTel IPO opens for subscription: Brokerages weigh in on co's strengths, risks


Updated Feb 16, 2021 | 12:48 IST
RailTel s IPO opened for subscription on Tuesday. The price band of the issue has been fixed Rs 93-94. It commanded 37% GMP over the upper band of issue price as of February 16
RailTel IPO opens for subscription: Brokerages weigh in on co s strengths, risks   |  Photo Credit: PTI
Telecom infrastructure corporation company RailTel Corporation of India’s Rs 819.24-crore initial public offer (IPO) opened for subscription on February 16. The Mini Ratna (category-I) company offers 8.71 crore equity shares of the public sector company via the offer for sale (OFS) route. 
Government of India which holds 100% stake in the company aims to pare its holding to 72.8% in the information & communication technology (ICT) PSU and post-issue public holding will be 27.16%. ....

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RailTel grey market premium rises to 50% ahead of IPO


RailTel grey market premium rises to 50% ahead of IPO
As per the company s DRHP, the net proceeds from RailTel Corporation of India s Rs 819.24-crore initial public offer are to be used for carrying out the disinvestment plan and to achieve the benefits of equity share listing on the stock exchanges
BusinessToday.In | February 15, 2021 | Updated 13:10 IST
The President of India, acting through the Ministry of Railways is the promoter of the company. KFintech Private Limited is the registrar for the IPO
The public offer Mini-Ratna category company, RailTel Corporation of India opens for subscription on February 16. The issue, which closes on February 18, will have a price band of Rs 93-94 per share. ....

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RailTel Corporation Of India IPO: 10 Things To Know Before Subscribing To The Issue


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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