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February 16, 2021 - February 18, 2021

RailTel IPO FAQ

RailTel IPO Date & Price

The RailTel IPO opens on February 16, 2021 and closes on February 18, 2021.

RailTel IPO timetable / schedule is as below:
  • Bid/Offer Opens On: February 16, 2021
  • Bid/Offer Closes On: February 18, 2021
  • Finalization of Basis of Allotment: February 23, 2021
  • Initiation of refunds: February 24, 2021
  • Credit of Equity Shares: February 24, 2021
  • Listing Date: February 26, 2021

RailTel IPO price is set at ₹94 per equity share.

RailTel IPO will close for subscription at 5 PM on February 18, 2021. But most brokers stop accepting application between 1 PM to 3 PM.

The RailTel IPO starts on February 16, 2021. The issue ends on February 18, 2021.

RailTel IPO Issue Size and Subscription Status

The RailTel IPO size is 87153369 Equity Shares of ₹10 aggregating up to ₹819.24 Cr.

RailTel Corporation of India Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for RailTel IPO shares through the banks (using ASBA) or through the broker (using UPI).

RailTel IPO Offer Size

Qualified Institutional Buyers (QIB)17,369,237 Shares
Non-Institutional Investors (NII)12,998,006 Shares
Retail Individual Investor (RII)30,328,680 Shares
Employee Reservations500,000 Shares
Other Reservations0 Shares
Total Issue Size61,195,923 Shares

RailTel IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)65.14 times times
Non-Institutional Investors (NII)73.25 times times
Retail Individual Investor (RII)16.78 times times
Employee Reservations3.35 times times
Other Reservations times
Total Issue Size42.39 times times

Click here to check the RailTel IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in RailTel IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check RailTel IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

RailTel IPO Allotment and Listing

The RailTel IPO allot status will be available online on February 23, 2021. Check the RailTel IPO Allotment Status here.

Click here to check RailTel IPO Allotment Status.

RailTel IPO listing Date is February 26, 2021. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The RailTel IPO listing date and time is published by the exchange in a circular.

Click here to view the RailTel IPO Basis of Allotment.

It is hard to say at what price RailTel IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The RailTel IPO shares will list on February 26, 2021 at BSE, NSE.

RailTel IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about RailTel IPO which could help you with questions like RailTel IPO buy or not? You should also read RailTel IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

RailTel IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the RailTel IPO performance. The performance reports are available 1 day after listing.