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RailTel Corp.of India IPO

₹121.35

+29.10% on listing

Listing-day close · NSE · 26 Feb 2021 · issue price ₹94

RailTel Corp.of India’s ₹819 crore IPO was priced at ₹94 a share. It listed on the NSE on 26 Feb 2021 and closed its first day at ₹121.35, up 29.10% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹819 Cr
Fresh issue
—
Offer for sale
₹819 Cr
Lot size
155 shares
Minimum investment
₹14,570
Face value
₹10
Registrar
Kfin Technologies

Subscription

RailTel Corp.of India IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—29.24×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹3,017 Cr
Promoter holding
100.00% → 72.84%

From the offer documents.

Listing

Listing date
26 Feb 2021
Issue price
₹94
Open
₹109.00
High
₹127.85
Low
₹101.00
Close
₹121.35

Listing day on the NSE. The close was +29.10% on the issue price.

RAILTEL share price today

FAQs

When did the RailTel Corp.of India IPO open and close?

It opened on 16 Feb 2021 and closed on 18 Feb 2021.

What was the RailTel Corp.of India IPO price?

The price band was ₹93–94 a share. The final issue price was ₹94.

What is the lot size and minimum investment?

One lot is 155 shares, ₹14,570 at ₹94 a share. Retail investors apply in whole lots.

How much did RailTel Corp.of India raise?

₹819 crore: ₹819 crore offered by existing shareholders.

How many times was the RailTel Corp.of India IPO subscribed?

29.24 times overall.

How did RailTel Corp.of India list?

It listed on the NSE on 26 Feb 2021 at ₹109.00 and closed the day at ₹121.35, up 29.10% on the ₹94 issue price.

Who is the registrar of the RailTel Corp.of India IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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