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Railtel Corporation of India Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

₹ 819.24

Price Range (₹)

₹ 94

Lot Size

155

Min Investment (₹)

₹ 14,570.00

Listing Exchange

MumbaiNSE

Open Date

16-Feb-2021

Close Date

18-Feb-2021

Listing Date

26-Feb-2021

Railtel Corporation of India Ltd News

Price Performance

1 Week-9.05
1 Month7.05
3 Month-15.64
6 Month-7.77
1 Year38.47
3 Year252.07

Railtel Corporation of India Ltd IPO Details

Initial public offering of 87,153,369 equity shares of face value of Rs. 10 each (equity shares) of Railtel Corporation of India Limited (The company or the issuer) through an offer for sale by The President of India, acting through The Ministry of Railways, Government of India (The selling shareholder), for cash at a price of Rs. 94 per equity share (including a share premium of Rs. 84 per Equity share) (the offer price), aggregating to Rs. 819.24 crores (the offer).Offer price and Anchor investor offer price: Rs. 94 per equity share of face value of Rs. 10 each.The Offer price is 9.40 times the face value of equity shares.

Objective of issue

To achieve the benefit of listing the Equity Shares on the Stock Exchanges.

Railtel Corporation of India Ltd Contact Details

Railtel Corporation of India Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - cs@railtelindia.com

Website - www.railtelindia.com