RailTel makes strong debut on bourses, gains over 29% on issue price despite bloodbath in market
The stock debuted at Rs 109 at NSE, up 15.95 percent over the issue price, and touched an intra-day high of Rs 127.85
RailTel likely to announce IPO allotment status today; check bseindia.com for details
The RailTel Corporation IPO was subscribed over 11 times, receiving bids for 68,40,41,660 shares
RailTel Corporation IPO subscribed over 11 times on final day of bidding process; employee portion sees 1.85 times interest
The share allocation is likely to be finalised on 23 February and subsequently, the listing may take place on 26 February
RailTel IPO opens for subscription; share allocation likely to be finalised by 23 February
RailTel reported a stable financial performance over FY18-20, with the company reporting 7.5 percent CAGR rise in top-line to Rs 1,128 crore in FY20
RailTel IPO: State-run firm opens public subscription on 16 Feb, sets price band at Rs 93-94 per share
The IPO is entirely an offer-for-sale through which government will offload 87,153,369 equity shares amounting to a 27.16 percent stake, the company said