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RailTel received 23,79,717 applications for shares, the second best for a Railway IPO since IRFC’s 25,51,325.

The non-institutional investor category was subscribed 73.25 times.

Analysts have largely been positive on the issue, as the Mini Ratna firm is debt-free and has been a consistent dividend payer.

Analysts said RailTel is a debt-free company and pays consistent dividends and, thus, could witness some traction. But there are a few red ...

The issue comprises an offer for sale for 87,153,369 equity shares in the price band of Rs 93-94.

A wholly-owned government subsidiary under the administrative control of the Ministry of Railways, RailTel offers a diversified portfolio o...

The 820-crore issue of the state-owned firm had received bids for 16.13 crore shares, which is 2.6 times of the total issue size of 6.12 cr...

RailTel had on Monday said that it has raised Rs 243.99 crore from 14 anchor investors.

The company informed the bourses that it has allocated 2,59,57,446 shares at Rs. 94 per share on February 15, to the anchor investors.

The Mini Ratna is among the largest neutral telecom infrastructure providers in India.

The quota for retail investors in RailTel IPO is fixed at 35 per cent of the net offer.

The government will sell a 27.16 per cent stake in the company.

The company, which filed its IPO papers in October, obtained the regulator's observation on November 6, an update with Securities and Excha...

The price band of the public issue is fixed at Rs 315 to Rs 320 per equity share.

As on March 31, 2018, RailTel Net worth stood at Rs 1,249 crore.

The Cabinet in December last year approved initial public offering (IPO) of RailTel Corporation India by diluting up to 25 per cent governm...