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RailTel share makes tepid market debut, lists at 16% premium to IPO issue price


RailTel share makes tepid market debut, lists at 16% premium to IPO issue price
RailTel share listed at Rs 109 per share against the IPO issue price of Rs 94 on NSE
BusinessToday.In | February 26, 2021 | Updated 10:36 IST
On BSE, the shared opened at Rs 104.60, implying a premium of 11.27% over the issue price. Market cap of the firm stood at Rs 3,583 crore on NSE.
RailTel Corporation share made a tepid debut market after its stock listed at a premium of 16% to the issue price today. The stock of state-owned telecom infrastructure provider listed at Rs 109 per share against the IPO issue price of Rs 94 on NSE. ....

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RailTel IPO: Allotment of shares on February 23, here's how to check status


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. ....

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RailTel IPO subscribed 7.6 times on last day; price band fixed at Rs 93-94


RailTel IPO subscribed 7.6 times on last day; price band fixed at Rs 93-94
The Ministry of Railways will plan to sell 27% stake through the issue. Market experts have suggested Rs 30-40 listing gains for short-term perspective in RailTel Corporation
BusinessToday.In | February 18, 2021 | Updated 12:19 IST
The shares are proposed to be listed on BSE, NSE on 26th February 2021
The initial public offering (IPO) of state-owned RailTel Corporation of India was subscribed 7.6 times on its third and last day of bidding. The Rs 820-crore public issue at a price band of Rs 93-94 per share was subscribed 12.09 times by retail investors, 3.18 times in QIB category and 3.29 times in the NII category. ....

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