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Open
16 Feb 2021
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Close
18 Feb 2021
3
Allotment
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Listing
Fri, Feb 26, 2021
Price Band
₹93 to ₹94
Issue Size
8,71,53,369 shares (agg. up to ₹819 Cr)
Lot Size
155 Shares
Listing Date
Fri, Feb 26, 2021
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 29.24x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2020 | 31 Mar 2020 | 31 Mar 2019 | 31 Mar 2018 |
|---|---|---|---|---|
| Assets | 2,482.15 | 2,398.10 | 2,227.68 | 2,322.88 |
| Total Income | 553.78 | 1,166.01 | 1,038.27 | 1,021.22 |
| Profit After Tax | 45.58 | 141.07 | 135.36 | 134.01 |
| EBITDA | 146.44 | 322.46 | 337.15 | 282.05 |
| NET Worth | 1,394.63 | 1,369.36 | 1,289.09 | 1,229.18 |
| Reserves and Surplus | 1,073.69 | 1,048.42 | 968.15 | 908.24 |
| Total Borrowing | 0.00 | 0.00 | 0.00 | 0.00 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Route Mobile Ltd. | Mainboard | ₹600.00 Cr | ₹350 | null | ₹651.30 | +86.09% | ₹568.45 (-1.25%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 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 | To achieve the benefits of listing the Equity Shares on the Stock Exchanges |
About RailTel IPO
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 30
Contact Details
RailTel Corp.of India Ltd. AddressPlate-A, 6th FloorOffice Block, Tower-2East Kidwai NagarNew Delhi, New Delhi, 110023+91 11 2290 0600cs@railtelindia.comVisit Website