RailTel IPO: GMP, Issue Size, Issue price, IMP Dates.

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RailTel IPOis a public sector business unit, wholly owned by the Government of India (GOI) and administrated by the Ministry of Railways and is all set to make a debut in the stock market with an issue size of 819.24 Cr.     

RailTel India IPO -Overview    

RailTel Corporation India IPO Issue Date           16-18 Feb 2021          
RailTel Corporation India IPO Opening Date           16 Feb 2021         
RailTel Corporation India IPO Face Value           INR 10 per share           
RailTel Corporation India IPO Price           INR 94 per share          
RailTel Corporation India IPO Lot Size           155 Shares          
Issue Size           819.24 Cr          
Offer for sale           819.24 Cr 
Issue Type           Book built Issue IPO           
Listing At           BSE, NSE
QIB Shares Offered             65.14 times          
NII (HNI) Shares           73.25 times          
Company Promoters           The President of India, acting through the Ministry of Railways is the promoter of the company. 

RailTel IPO Limited IPO-Tentative Dates           

RailTel Corporation India IPO opening date           16 Feb 2021             
RailTel Corporation India IPO closing date           18 Feb 2021              
Basis of Allotment           23 Feb 2021          
Initiation of Refunds           24 Feb 2021              
The credit of Shares to Demat          24 Feb 2021           
RailTel Corporation India IPO Listing Date           26 Feb 2021          

RailTel IPO – Industry Overview.          

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 services.  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. 

RailTel IPO – Company Overview     

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. 

 RailTel IPO -Objectives           

  • To carry out the disinvestment plan. 
  • To achieve the benefits of equity, share listing on the stock exchanges. 

RailTel IPO – Financial Statements          

Particulars          31-Dec-20  31-Mar-20        31-Mar-19        
Total Assets          24,821.50 23,981 22,276.75 
Total Revenue          5,537.84 11,660.05 10,382.66 
Profit After Tax          455.84 1,410.66 1,353.56 

RailTel IPO – Strengths          

  • 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 305,746 retail customers and 5,023 Access network providers (ANPs) to deliver the last mile connectivity. 

Company Contact Information 

RailTel Corporation of India Limited 
Plate – A, 6th Floor, Office Block, Tower-2 
East Kidwai Nagar, South Delhi 
New Delhi 110023, India 
Phone: +91 11 2290 0600 
Email: cs@railtelindia.com 
Website: http://www.railtelindia.com/ 

RailTel IPO Registrar 

KFin Technologies Limited 
Phone: 04067162222, 04079611000 
Email: einward.ris@kfintech.com 
Website: https://karisma.kfintech.com/ 


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