RailTel Corporation makes strong debut on bourses, shares zoom over 29% on closing
During the intra-day trade, the stock had touched a high of Rs 125.5 before settling at Rs 121.4, higher 29.15 per cent when compared with the issue price and a gain of 16.06 per cent, in comparison to the opening price.
During the intra-day trade, the stock had touched a high of Rs 125.5 before settling at Rs 121.4, higher 29.15 per cent when compared with the issue price and a gain of 16.06 per cent, in comparison to the opening price.
Feb 26, 2021, 17:26 PM IST
RailTel Corporation makes debut on bourses, lists at 16% premium
The initial public offer of RailTel Corporation of India was subscribed 42.39 times on the final day of subscription on February 18. The Rs 819.24-crore offer received bids for 2,59,42,43,370 shares against 6,11,95,923 shares on offer, as per data available with the NSE. The qualified institutional buyers (QIBs) category was subscribed 65.14 times, non institutional investors 73.25 times and retail individual investors (RIIs) 16.78 times.
Feb 26, 2021, 10:33 AM IST
RailTel Corporation to list on bourses tomorrow, February 26, 2021
RailTel Corporation of India, the mini-ratna PSU is one of the largest neutral telecom infrastructure providers in the country owning an optic fiber network on exclusive Right of Way (RoW) along railway track. The company provides broadband telecom and multimedia network across the country.
Feb 25, 2021, 17:09 PM IST
RailTel IPO share allotment status: Here is how to check via BSE, registrar’s website
The mini-ratna PSU RailTel is one of the largest neutral telecom infrastructure providers in the country owning an optic fiber network on exclusive Right of Way (RoW) along railway track. The company provides broadband telecom and multimedia network across the country.
Feb 23, 2021, 11:30 AM IST
RailTel IPO subscribed 2.64 times on first day, offer ends on February 18
The Rs 819.24-crore offer received bids for 16,13,74,220 shares as against 6,11,95,923 shares on offer, as per an update on the NSE.
The category meant for non-institutional investors was subscribed 75 per cent and those for Retail Individual Investors (RIIs) got subscribed 4.99 times.
Feb 17, 2021, 15:21 PM IST
Rs 819-crore RailTel IPO opens today, February 16: Should you subscribe to it?
The initial public offer (IPO) is entirely an offer-for-sale through which government will offload 87,153,369 equity shares, amounting to 27.16 per cent stake, the company said in a statement. At the upper end of the price band, the government would raise a little over Rs 819 crore.
Feb 16, 2021, 08:15 AM IST
Rs 819-crore RailTel IPO opens tomorrow, February 16: Here is all you need to know
The initial public offer (IPO) is entirely an offer-for-sale through which government will offload 87,153,369 equity shares, amounting to 27.16 per cent stake, the company said in a statement. At the upper end of the price band, the government would raise a little over Rs 819 crore.
Feb 15, 2021, 14:08 PM IST
Rs 819-crore RailTel IPO to open on February 16: Here is all you need to know
The initial public offer (IPO) is entirely an offer-for-sale through which government will offload 87,153,369 equity shares, amounting to 27.16 per cent stake, the company said in a statement. At the upper end of the price band, the government would raise a little over Rs 819 crore.
Feb 11, 2021, 15:09 PM IST
