RailTel Corporation of India Limited IPO (RailTel IPO) Detail

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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 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 Subscription Status (Bidding Detail)

The RailTel IPO is subscribed 6.64x times on Feb 17, 2021 07:49. The public issue subscribed 10.55x in the retail category, 2.96x in the QIB category, and 2.63x in the NII category.

Category IPO Subscription
QIB 2.96x
NII 2.63x
RII 10.55x
Employee 1.85x

Total 6.64x
 
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