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RailTel Corporation Share Price: RailTel Corporation Rises For Third Straight Session, Nearly Doubles From Issue Price

RailTel Corporation Share Price: Shares last traded 16.13 per cent higher at Rs 169.15 on the BSE.
Shares of RailTel Corporation of India surged for the third straight day on Tuesday, March 2, tracking strong investor sentiment and also after winning an order worth Rs. 105.82 crores from the Ministry of Railways. According to a regulatory filing by the firm to the BSE, the order involves various upgradation and signaling work at some railway stations as well as replacement of mechanical signaling at some stations. On Tuesday, RailTel opened on the BSE at Rs 161, touching an intraday high of Rs 173.50, and an intraday low of Rs 156.05, so far. ( ....

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RailTel IPO: Issue subscribed 42 times on last day; QIB portion booked 65 times

RailTel IPO: Issue subscribed 42 times on last day; QIB portion booked 65 times
RailTel Corporation IPO: The portion reserved for the qualified institutional buyers (QIBs) was subscribed 65.14 times, non institutional investors by 73.25 times and retail individual investors (RIIs) by 16.78 times
BusinessToday.In | February 19, 2021 | Updated 00:39 IST
RailTel IPO subscribed over 42 times
RailTel Corporation of India, state-owned telecom infrastructure provider, saw its initial public offering subscribed 42.39 times on the final day of subscription on Thursday. The Rs 819.24 crore IPO 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 data showed that portion reserved for the qualified institutional buyers (QIBs) was subscribed 65.14 times, non institutional investors by 73.25 times and retail individual investors (RIIs) by 16.78 times. ....

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RailTel Corporation Of India IPO Day 1: Issue Fully Subscribed, Retail Portion Booked 2.2 Times

RailTel Corporation of India IPO day 1: Issue subscribed 2.63 times, retail portion booked 5 times
The company is expected to enjoy premium post listing owing to absence of major players in the listed space, said Ajcon Global.
February 16, 2021 / 07:50 PM IST
The public offer of RailTel Corporation of India, the information and communications technology (ICT) infrastructure provider, has subscribed 2.63 times so far in morning on February 16, the first day of bidding.
The issue has received bids for 16.13 crore equity shares against offer size of over 6.11 crore shares, the subscription data available on the exchanges showed.
The retail investors seem strongly supportive to the issue as their reserved portion has subscribed 4.99 times, and that of employees 81 percent. The portion set aside for non-institutional investors has subscribed 75 percent, while qualified institutional buyers have not started putting their bids yet. ....

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RailTel Corporation's initial public offering (IPO) Opens For Bidding. Here Are Things To Know

RailTel Corporation s IPO Opens For Bidding. Here Are Things To Know
The initial public offer is an offer for sale of 8,71,53,369 equity shares by the government, out of which 5 lakh equity shares will be reserved for the employees
Updated: February 16, 2021 9:58 am IST
Investors can subscribe for a minimum one lot of 155 shares and in multiples thereof, till up to 13 lots
RailTel Corporation s Rs 820 crore initial public offer (IPO) opens for subscription today i.e. February 16. The public issue will remain open for three days until February 18. The shares of RailTel are likely to be listed on the BSE and NSE exchanges on February 26. ....

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RailTel Corporation Of India IPO Opens Today: Should You Subscribe?

RailTel Corporation Of India IPO Opens Today: Should You Subscribe?
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