Incorporated in 2000, 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.
Facts about RailTel
One of the largest neutral telecom infrastructure providers in India with PAN India optic fiber network.
Diversified Range of services like Telecom Network, Telecom Infrastructure, Data Center and Hosting, and Projects.
Operates an optic fiber network covering 59,098 route kilometers and 5,929 railway stations in India.
RailTel Corporation has an exclusive right of way along 67,415 kilometers connecting 7,321 railway stations.
Center Network Operation Center at New Delhi and 4 NOCs at Mumbai, Delhi, Kolkata, and Secunderabad.
Company has 305,746 retail customers and 5,023 access network providers (ANPs) to deliver the last mile connectivity.
RailTel IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹93 to ₹94 per equity share |
| Market Lot | 155 Shares |
| Min Order Quantity | 155 Shares |
| Listing At | BSE, NSE |
| BSE Script Code | 543265 |
| NSE Symbol | RAILTEL |
| ISIN | INE0DD101019 |
| Issue Size | 87,153,369 Eq Shares of ₹10 (aggregating up to ₹819.24 Cr) |
| Offer for Sale | 87,153,369 Eq Shares of ₹10 (aggregating up to ₹819.24 Cr) |
IPO TIME TABLE
| PARTICULAR | DATE |
| IPO Open Date | 16-Feb-21 |
| IPO Close Date | 18-Feb-21 |
| Basis of Allotment Date | 23-Feb-21 |
| IPO Listing Date | 26-Feb-21 |
RailTel IPO Lot Size
| Application | Lots | Shares | Amount (Cut-off) |
| Minimum | 1 | 155 | ₹14,570 |
| Maximum | 13 | 2015 | ₹189,410 |
Company Financials:
| PARTICULAR | 30-Sep-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 |
| Total Assets | 24,821.50 | 23,981 | 22,276.75 | 23,228.79 |
| Total Revenue | 5,537.84 | 11,660.05 | 10,382.66 | 10,212.18 |
| Profit After Tax | 455.84 | 1,410.66 | 1,353.56 | 1,340.06 |
Company Promoters:
The President of India, acting through the Ministry of Railways is the promoter of the company.
Objects of the Issue:
- To carry out the disinvestment plan.
- To achieve the benefits of equity share listing on the stock exchanges.
REGISTRAR &COMPANY DETAILS
| Company Contact Information | RailTel IPO Registrar |
| 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/ | KFintech Private Limited Selenium Building, Tower-B, Plot No 31 & 32, Financial District,Nanakramguda, Serilingampally, Rangareddi, Telangana India – 500 032. Phone: 1-800-3454001 Email: einward.ris@kfintech.com Website: https://karisma.kfintech.com/ |
