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RailTel Corporation lists with 16% premium on NSE


RailTel Corporation lists with 16% premium on NSE
RailTel surges over 50% in grey market premium: Know about Railtel IPO before investing
RailTel Corporation of India on Friday got listed on NSE with a premium of 16 per cent against its issue price of Rs 94 apiece.
Notwithstanding the sell-off in the broader market, the stock made a debut at Rs 109, reflecting a gain of 15.95 per cent as compared to the issue price on NSE.
At BSE, shares of the company got listed at Rs 104.60, reflecting a gain of 11.27 per cent.
The company s market valuation stood at Rs 3,846.45 crore.
The initial public offer of the telecom infrastructure provider was subscribed over 42 times. ....

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RailTel Corporation of India gets listed on the NSE


RailTel Corporation of India gets listed on the NSE
Despite the selloff in the broader market, the stock made a debut at Rs 109, a gain of 15.95 per cent compared with the issue price on the NSE
 
RailTel Corporation of India on Friday got listed on the NSE with a premium of 16 per cent against its issue price of Rs 94 apiece.
Despite the selloff in the broader market, the stock made a debut at Rs 109, a gain of 15.95 per cent compared with the issue price on the NSE.
On the BSE, shares of the company got listed at Rs 104.60, a rise of 11.27 per cent. The company’s market valuation stood at Rs 3,846.45 crore. ....

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RailTel share price: RailTel defies market selloff, lists at 16% premium over issue price

RailTel share price: RailTel defies market selloff, lists at 16% premium over issue price
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