Investors can check their IPO share allotment status on the website of IPO's registrar in few easy steps.
1) Select IPO (RailTel Corporation of India),2) In case you select Application Number, Select NON-ASBA or ASBA and Enter Application Number,In case of DPID/Client ID, Select NSDL/CDSL, and Enter DPID and Client ID,In case of PAN, Enter PAN Number.
3) Enter Captcha mentioned in digits with green colour just above Captcha box, and finall click on Submit button to know the IPO share allocation status.
One can also check the application status on the BSE Website. Select Issue Type (Equity) and Issue Name (RailTel Corporation of India), Enter Application Number and PAN Number, and finally Click on Search button to know the IPO allotment status.
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 Corporation
·
One 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.
Company Promoters:
The President of India, acting through the Ministry of Railways
is the promoter of the company.
Company Financials:
|
Summary of financial
Information (Restated Consolidated) |
||||
|
Particulars |
For the year/period ended (Rs in million) |
|||
|
30-Sep-20 |
31-Mar-20 |
31-Mar-19 |
31-Mar-18 |
|
|
Total Assets |
24,821.50 |
23,981 |
22,276.75 |
23,228.79 |
|
Total Revenue |
5,537.84 |
11,660.05 |
10,382.66 |
10,212.18 |
|
Profit After Tax |
455.84 |
1,410.66 |
1,353.56 |
1,340.06 |
Objects of the Issue:
The net proceed from the IPO will be used towards following
purposes:
1. To carry out
the disinvestment plan.
2. To achieve the
benefits of equity share listing on the stock exchanges.
RailTel IPO Details
|
IPO Opening Date |
Feb 16, 2021 |
|
IPO Closing Date |
Feb 18, 2021 |
|
Issue Type |
Book Built Issue IPO |
|
Face Value |
₹10 per equity share |
|
IPO Price |
₹93 to ₹94 per equity share |
|
Market Lot |
155 Shares |
|
Min Order Quantity |
155 Shares |
|
Listing At |
BSE, NSE |
|
Issue Size |
87,153,369 Eq Shares of ₹10 |
|
Offer for Sale |
87,153,369 Eq Shares
of ₹10 |
RailTel IPO Tentative Timetable
The RailTel IPO open date is Feb 16, 2021, and the close date is
Feb 18, 2021. The issue may list on Feb 26, 2021.
|
IPO Open Date |
Feb 16, 2021 |
|
IPO Close Date |
Feb 18, 2021 |
|
Basis of Allotment
Date |
Feb 23, 2021 |
|
Initiation of
Refunds |
Feb 24, 2021 |
|
Credit of Shares to
Demat Account |
Feb 24, 2021 |
|
IPO Listing Date |
Feb 26, 2021 |
RailTel IPO Lot Size
The RailTel IPO market lot size is 155 shares. A
retail-individual investor can apply for up to 13 lots (2015 shares or
₹189,410).
|
Application |
Lots |
Shares |
Amount (Cut-off) |
|
Minimum |
1 |
155 |
₹14,570 |
|
Maximum |
13 |
2015 |
₹189,410 |
RailTel IPO Promoter Holding
|
Pre Issue Share
Holding |
100% |
|
Post Issue Share
Holding |
72.84% |
RailTel IPO Subscription Status (Bidding
Detail)
The RailTel IPO is subscribed 42.39x times on Feb 18, 2021
05:00. The public issue subscribed 16.78x in the retail category, 65.14x in the
QIB category, and 73.25x in the NII category. Check Day by Day Subscription Details (Live Status)
|
Category |
IPO Subscription |
|
QIB |
65.14x |
|
NII |
73.25x |
|
RII |
16.78x |
|
Employee |
3.35x |
|
Total |
42.39x |
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