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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Railtel Corporation of India Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹94
Per ShareLot Size
155 Shares
Minimum Investment
₹14,570
Issue Size
₹810.526 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
100%
Promoter Holding (Post-Issue)
72.84%
Issue Type
Book Building
ISIN
INE0DD101019
Railtel Corporation of India Ltd is an information and communications technology ("ICT") infrastructure provider and are one of the largest neutral telecom infrastructure providers in India (Source: CRISIL Report). It is a Mini Ratna (Category-I) Central Public Sector Enterprise, wholly-owned by the Government of India and under the administrative control of the Ministry of Railways. It was incorporated on September 26, 2000 with the aim of modernizing the existing telecom system for train control, operation and safety and to generate additional revenues by creating nationwide broadband and multimedia network by laying optical fiber cable by using the right of way along railway tracks.
India's GDP has increased at a CAGR of 7% from Rs. 87 trillion in Fiscal 2012 to Rs.140 trillion in Fiscal 2019. As per the Central Statistics Office ("CSO"), India's GDP growth increased in the second half of Fiscal 2018 and was 7.1% in Fiscal 2018. GDP in the fourth quarter of Fiscal 2020 grew at a rate of 3.1% compared with 4.1% in the third quarter of Fiscal 2020, resulting in the full-year growth estimate to 4.2% compared with 6.1% in Fiscal 2019. The Indian telecom services industry can be broadly segregated into wireless, wireline and enterprise services. Wireline services are traditional landline calling services and wired broadband service. Wireless service includes mobile calling, short messaging service ("SMS"), wireless broadband, video conferencing service, triple play service, and over-the-top ("OTT") platforms. Enterprise services provide network connectivity across locations and users in an organization.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
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.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
"RailTel Corporation of India Limited" was incorporated as on September 26, 2000, as a public limited company under the Companies Act, 1956, and the certificate of incorporation was issued by the Assistant Registrar of Companies, N.C.T. of Delhi and Haryana. It received its certificate for commencement of business from the Deputy Registrar of Companies, N.C.T. of Delhi and Haryana on October 9, 2000.
Railways
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.