RailTel IPO Details

RailTel IPORailTel IPO description – A Mini Ratna (Category-I) Public Sector Enterprise – RailTel is an information and communications technology (ICT) infrastructure provider and is one of the largest neutral telecom infrastructure providers in India.

The company was incorporated on 26 September 2000 with the aim of modernizing the existing telecom system for train control, operation and safety and to generate additional revenues by creating nationwide broadband and multimedia network by laying optical fiber cable by using the right of way along railway tracks. As of 30 June 2020, its optic fiber network covered over 55,000 route kilometers and 5,677 railway stations across towns and cities in India.

The company operates data centers in Gurugram, Haryana and Secunderabad, Telangana to host and collocate critical applications for customers including the Indian Railways. In addition, it undertakes various ICT projects for the Indian Railways, central government and state governments, including various train control system projects for Indian Railways.

Promoters of RailTel – The President of India, acting through The Ministry Of Railways, Government Of India
RailTel IPO details
Subscription Dates Coming soon
Price Band To be updated 
Fresh issue Nil 
Offer For Sale 86,653,369 shares 
Total IPO size To be updated
Minimum bid (lot size) To be updated
Face Value  INR10 per share
Retail Allocation 35%
Listing On NSE, BSE

RailTel’s financial performance (in INR crore)

  FY2018 FY2019 FY2020  
Revenue 1,021.2 1,038.3 1,166.0  
Expenses 835.1 820.6 931.9  
Net income 134.0 135.4 141.1  
Net margin (%) 13.1 13.0 12.1  

Registrar of RailTel Corporation IPO

KFin Technologies Private Limited
Selenium Tower B, Plot 31-32,
Gachibowli, Nanakramguda,
Hyderabad – 500 032, Telangana
Phone: +91 40 6716 2222 
Fax:
 +91 40 2343 1551 
Email: [email protected]
Website: www.kfintech.com

RailTel Contact Details

RailTel Corporation of India Limited
Plate – A, 6th Floor,
Office Block, Tower-2,
East Kidwai Nagar, South Delhi,
New Delhi 110023
Phone: +91 11 2290 0600
Email: [email protected]
Website: www.railtelindia.com

Valuation of RailTel (as of FY2020)

Earnings Per Share (EPS): INR4.40 
Price/Earnings (PE ratio): To be updated 
Return on Net Worth (RONW): 10.3%
Net Asset Value (NAV): INR42.67 per share

RailTel IPO Subscription Details

Category Shares offered Subscription (no. of times)
Day 1 Day 2 Day 3
QIB        
NII        
Retail        
         
Total        

RailTel IPO Analyst Reviews

BP Wealth 
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KR Choksey
Samco Securities 
Sharekhan 
SMC Global 

RailTel IPO Allotment Status

RailTel IPO allotment status will be available on KFin Technologies’ website. Click on this link to get allotment status. 

Listing Performance of RailTel Corporation

IPO Opening Date: To be updated
IPO Closing Date: To be updated
Finalisation of Basis of Allotment: To be updated
Initiation of refunds: To be updated
Transfer of shares to demat accounts: To be updated
Listing Date: To be updated
Opening Price on NSE: To be updated
Closing Price on NSE: To be updated

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