RailTel Corporation of India Limited IPO Message Board (Page 40)

Suryoday SFB & Easy Trip Planners IPO’s to be launched in March 2021

I have a basic question
Suryoday filed Addendum to DRHP on 8 Feb. Does this requires Sebi approval/nod?

March tak SEBI SE PASS HOJAHEGA??
RHP 8 FEB KA HY
ETNA FAS PASSONG KARVAHEGA KEYA?????

With valuations at a all time high, ipos are coming like its a winter''s sale as someone pointed out. Ipos specifically are a game of demand and supply. Where there is demand , valuations are exactly worthless as seen in recent Indigo paints, route mobile, bectors food,etc. Ipo should be applied only with a intention of booking profits on listing and nothing else. Let market decode the valuation. We are here to earn some easy money n thats all

RailTel Corporation Ipo
Gmp 48-50

FINAL


Railtel Corporation of India IPO – Schedule *(Pg.#346 of RHP)*

11th Feb – Announcement of Price Band
15th Feb – Anchor Investors Allotment
16th Feb – Offer Opens
18th Feb – Offer Closes
23rd Feb – Finalisation of Basis of Allotment
24th Feb – Unblocking of ASBA Accounts
24th Feb – Credit of Equity Shares to Depository Accounts
26th Feb – Commencement of Trading


Railtel Corporation of India IPO – Issue Information *(FINAL)*

Issue Opens on: 16 February 2021
Issue Closes on: 18 February 2021
Issue Type: Book Built Issue IPO
Issue Size: 8,71,53,369 Shares
Face Value: Rs.10/- per Share
Issue Price: Rs.93 – Rs.94 Share
Discount: NIL
Market Lot: 155 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 32,09,38,407 Shares
Offer for Sale of 8,71,53,369 Shares @94/- = Rs.819.24Crs
Equity Shares outstanding after the Issue = 32,09,38,407 Shares

Category-wise Break up:
Anchor – 2,59,96,010 Shares = 244.36Crs
QIB – 1,73,30,673 Shares = 162.91Crs
NII – 1,29,98,006 Shares = 122.18Crs
RII – 3,03,28680 Shares = 285.09Crs (Lot size: 155 = 1,95,669 Forms)
Empl. Quota – 5,00,000 Shares = 4.70Crs
Total Issue – 8,71,53,369 Shares = 819.24Crs.

Subscription required for 1X
RII = 1,95,669 Forms
NII = 122.18 Crs


Railtel Corporation of India IPO – Financial Information (Basis of Valuation)

The information is collated from the following documents:
1) RHP = Red Herring Prospectus dated February 9, 2021 (405 pages)

EPS for FY17-18 >>> Rs.04.18 (Page #89 of RHP)
EPS for FY18-19 >>> Rs.04.22 (Page #89 of RHP)
EPS for FY19-20 >>> Rs.04.40 (Page #89 of RHP)
EPS for H120-21 >>> Rs.01.42 (Page #89 of RHP)

RoNW for FY17-18 >>> 10.90% (Page #90 of RHP)
RoNW for FY18-19 >>> 10.50% (Page #90 of RHP)
RoNW for FY19-20 >>> 10.30% (Page #90 of RHP)
RoNW for H120-21 >>> 03.27% (Page #90 of RHP)

NAV as on September 30, 2021 was Rs.43.45 (Page #90 of RHP)

Listed Industry Peer Group (Page #89 of DRHP): NONE


Railtel Corporation of India IPO – *Market’s Current Estimates of oversubscription*:

NII = 46.50K Crs. = ~380.58X
RII = 25.00L Forms = 12.78X Applic. wise (Avg allotment of ~12.44 shares per lot)

Interest cost *@6.50%p.a.* for 7days = 11.72paise for 1X

Thus, for NII the costing = 380.58 X 11.72paise = Rs.44.60 per share (= GMP)

And, for RII the costing = 12.44 X 44.60 = Rs.555/- (= Kostak)


Railtel Corporation of India IPO – *GMP Estimated*
GMP 45 +/- 1
Kostak 550 +/- 10

GMP 45 is Good to apply for listing gain.

45 GMP 🧐
Life Insurance toh nahi kharid raha grey me🙃

The most important thing about this IPO.
Government of India is offloading 27.16% stake through this IPO, hence, there is absolutely no chances of OFS or FPO or any kind of mandatory dilution of the stake by the Promoter, as govt stake will be below 75% after this IPO.

@Ganesh what if Govt decides to reduce further to 64 or 59 as it says less than 75 not more than

SEBI rule mandates minimum non promotor shareholding within 3 years is 25%, but maximum has no specific limit, hence further dilution can be possible

Hello Team,

Good Morning, Latest GMP please ?

43 - 45 rs

SHOULD APPLY
GOOD COMPANY

Thanks Chem Cho sir
Will surely apply

GMP 44-45

Dear Lekker
Apply
Gmp is started 38 around
Again Tough allotment for retail.
If GMP falls below ten only, the issue will be flop otherwise good.
It looks like another Mazagon

Also my humble request to respected Admin sir, please remove my Mentor tag , I personally feel i don’t deserved any 🏷 tag, Please do the needful 🙏🏽

@lekker, I have no issue with your name. I am just telling what I notice. Keep continue. We just need Quality feedback from forum.

hello experts!
which IPO to purchase? Nureca or Railtel?

Railtel

Lets make 0 subscription from retail for all psu and buy on listing at discount...

aapki soch ko pranaam...😊iss forum me ab knowledge kam aur anand jyada milata he

Already decided for LIC IPO_^_ :)

If I have applied to change the name on the PAN CARD, So I can apply IPO ?

Yes, as even after change in name PAN shall be same.

Go fo ipo of railtel only right now,
For other 2
Please check everything before applying (doubtful)

100% agreed 👍...

No other options except RailTel. others are microcap companies

Retail portion??

Look at

Eagleye explained all.

Dear IPO GURUS & IPO MENTORS,

Kindly Share Your Views, IPO Wise Application Priority.....

NURECA
RAILTEL
HERANBA
.

Heranba

Nureca refunds are on 24th feb...heranba last date is 25th feb...
Railtel refund date is 25th feb .. likely.
So money from nureca can be used for heranba if refunded/no allotment.

GMP 32/ share....34% over share price

For Listing Gain view
Nureca is Better than RailTel

For Allotment View
RailTel More Allotment Change Compare Nureca

Issue Size : 8,71,53,369 (819.24 Cr)

RII – 3,03,28,679 Shares = 283.44Crs (Lot size: 155 = 1,95,669 Forms)

I request all members to please check calculation again who is correct

Nothing on the table

I agree on your assessment

@Eagleye everything is confirmed then why still use Tentative
Whole thing is published in newspaper

So please correct it