RailTel Corp.of India Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 43,326,683 (50%) | — | ₹40,727 Cr |
| NII (HNI) | — | 12,998,006 (15%) | — | ₹12,218 Cr |
| Retail | — | 30,328,680 (35%) | — | ₹28,509 Cr |
| Employee | — | 500,000 (1%) | — | ₹47 Cr |
| Σ Total | — | 87,153,369 (100%) | — | ₹819,242 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 155 | ₹14,570 |
| Retail (Max) | 13 | 2,015 | ₹189,410 |
| S-HNI (Min) | 14 | 2,170 | ₹203,980 |
| B-HNI (Min) | 67 | 10,385 | ₹976,190 |
Financial Statements Amount in Crore
| Metric | 30-Sep-20 | 31-Mar-20 | 31-Mar-19 |
|---|---|---|---|
| Revenue | 554 | 1,166 | 1,038 |
| Profit After Tax | 46 | 141 | 135 |
| Total Assets | 2,482 | 2,398 | 2,228 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 To carry out the disinvestment of 87,153,369Equity Shares by the Selling Shareholder constituting 27.16% of our Company’s paid up Equity Share capital our Company; and –
- 2 To achieve the benefits of listing the Equity Shares on the Stock Exchanges –
Company Overview
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.
Key Facts about RailTel Corporation
- 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.