RailTel Corporation of India Limited
16 Feb 2021 – 18 Feb 2021
LISTED
Offer Price
₹93–94
Bid lot
155
Min Application
₹14,570
Issue Size
₹819 Cr
Key dates
Open date
16 Feb 2021
Done
Close date
18 Feb 2021
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
26 Feb 2021
Today
Issue reservation
₹819 CrQIB 50%Retail 35%5%
QIB
4.36 Cr sh · ₹409.50 Cr
Retail
3.05 Cr sh · ₹286.65 Cr
Employee
43.6 L sh · ₹40.95 Cr
BRLM: ICICI Securities Limited · IDBI Capital Markets & Securities Limited · SBI Capital Markets Limited
Lot ladder — how much to bid
1 lot = 155 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
155 sh · ₹14,570
Max · 13 lots
2,015 sh · ₹1,89,410
S-HNI · ₹2 L to ₹10 L14–68 lots
Min · 14 lots
2,170 sh · ₹2,03,980
Max · 68 lots
10,540 sh · ₹9,90,760
B-HNI · Above ₹10 L69+ lots
Min · 69 lots
10,695 sh · ₹10,05,330
Entry point
₹10,05,330 onward
Issue details
Lead managersICICI Securities Limited, IDBI Capital Markets & Securities Limited, SBI Capital Markets Limited
Face value₹10
Listing onNSE
RegistrarKFin Technologies Private Limited
Live subscription
42.90×
0×1×2×3×+
Oversubscribed
Book₹737.10 Cr
Subscribed₹31,622 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 4,35,63,830₹409.50 Cr | 2,83,77,47,886₹26,675 Cr | 65.14× |
| HNI | 1,30,69,149₹122.85 Cr | 95,73,15,164₹8,999 Cr | 73.25× |
| Retail | 3,04,94,681₹286.65 Cr | 51,17,00,747₹4,810 Cr | 16.78× |
| Employee | 43,56,383₹40.95 Cr | 1,45,93,883₹137.18 Cr | 3.35× |
| Total | 7,84,14,894₹737.10 Cr | 3,36,40,42,516₹31,622 Cr | 42.90× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 26,674.83 |
| HNI | 8,998.76 |
| Retail | 4,809.99 |
| Employee | 137.18 |
| Total | 31,622.00 |
Amounts at the upper band (₹94). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the RailTel Corporation of India Limited IPO?
One lot of 155 shares — ₹14,570 at the upper price band of ₹94.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2021-02-26 on NSE.