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RailTel Corp.of India Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed NSE & BSE Mainboard Live Chart
Issue Price
₹94
Per Share
GMP
NIL
Grey Market
Est. Listing
₹94
Expected Price
Min. Application
₹29,140
2 lots × 155 shares
IPO Issue Details
Issue Price / Price Band₹94 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size155 Shares per Lot
Total Issue Size8,71,53,369 shares (aggregating up to ₹819.24 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryOffer For Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenTue, 16 Feb 2021
Subscription CloseThu, 18 Feb 2021
Anchor AllotmentMon, 15 Feb 2021
Basis of AllotmentTue, 23 Feb 2021
Initiation of RefundsWed, 24 Feb 2021
Credit of Shares to DematWed, 24 Feb 2021
Listing DateFri, 26 Feb 2021
UPI Mandate Deadline2021-02-18
Application & Investment Details
Retail — Min (1 Lots)₹14,570 — 155 shares
Retail — Max (13 Lots)₹189,410 (13 Lots)
HNI — Min (14 Lots)₹2,03,980 — 2,170 shares
Pre-IPO Promoter Holding32,09,38,407 shares
Post-IPO Promoter Holding32,09,38,407 shares
About RailTel Corp.of India Ltd.

Incorporated in 2000, RailTel Corporation is a public sector business unit, wholly owned by the Government of India (GOI) and administrated by the Ministry of Railways. It is an Information and Communication Technology (ICT) infrastructure provider company. The company was established with the key objective to modernize telecom infrastructure and today, it is one of the largest telecom infrastructure providers.RailTel uses the latest technology like high dense wavelength division multiplexing (DWDM) and multi-protocol label switching (MPLS) network. The company has data centers in Haryana, Gurugram, Secunderabad, and Telangana.Key Facts about RailTel CorporationOne of the largest neutral telecom infrastructure providers in India with PAN India optic fiber network.Diversified Range of services i.e. Telecom Network, Telecom Infrastructure, Data Center and Hosting, and Projects.Operates an optic fiber network covering 59,098 route Kms and 5,929 railway stations in India.RailTel Corporation has an exclusive right of way along 67,415 Kms connecting 7,321 railway stations.Center Network Operation Center at New Delhi and 4 NOCs at Mumbai, Delhi, Kolkata, and Secunderabad.It has 305,746 retail customers and 5,023 Access network providers (ANPs) to deliver the last mile connectivity.

Objects of the Issue

RailTel Corp.of India Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
1 To carry out the disinvestment of 87,153,369Equity Shares by the Selling Shareholder constituting 27.16% of our Company’s paid up Equity Share capital our Company; and
2
2 To achieve the benefits of listing the Equity Shares on the Stock Exchanges
Shareholding & Lock-in
Pre-IPO Promoter Holding 32,09,38,407 shares
Post-IPO Promoter Holding 32,09,38,407 shares
Lock-in Period (30%)March 25, 2021
Lock-in Period (50%)May 24, 2021
Check AllotmentCheck Status →
RailTel Corp.of India Ltd. — Live Price LIVE
₹94.00
INR · BSE
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Issue ₹94.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹94
GMPNIL
Est. Listing₹94
Lot Size155 shares
Min Amount₹29,140
Listing Date26 Feb 2021
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹94
Listing Date26 Feb 2021
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
TOTAL 87,153,369 100.00% ₹819.24 Cr
* Based on ₹94.00 (upper price band)
Lot Size & Investment Details
Lot Size
155
Shares
Issue Price
₹94.00
Per Share
Min Investment
₹14,570
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 155 ₹14,570
Retail (Max) 13 2,015 ₹189,410
sNII (Min) 14 2,170 ₹203,980
bNII (Min) 69 10,695 ₹1,005,330
Company Financials — Restated Consolidated (Amount in Crore)
Particulars30-Sep-2031-Mar-2031-Mar-19
Revenue from Operations 553.78 1166.01 1038.27
EBITDA N/A N/A N/A
Profit After Tax (PAT) 45.58 141.07 135.36
Net Worth N/A N/A N/A
Total Assets 2482.15 2398.10 2227.68
Reserves & Surplus N/A N/A N/A
Total Borrowings N/A N/A N/A
Key Ratios & Valuation
Issue Price ₹94
Face Value ₹10 Per Share
P/BV N/A
RoE N/A
RoCE N/A
RoNW N/A
PAT Margin (%) N/A
EBITDA Margin (%) N/A
Debt / Equity N/A
Company Details
Company
RailTel Corp.of India Ltd.
Exchange
NSE & BSE
IPO Type
Mainboard IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
Plate - A, 6th Floor, Office Block, Tower-2, East Kidwai Nagar, South Delhi, New Delhi, 110023
Book Running Lead Managers
ICICI Securities Ltd.
Book Running Lead Manager (BRLM)
IDBI Capital Markets Services Ltd.
Book Running Lead Manager (BRLM)
SBI Capital Markets Ltd.
Book Running Lead Manager (BRLM)