Benefits of investing in Railtel IPO 2021.

IPO Updates 08 March 2021 12:46:PM

Since 2021 has started the flow of best IPOs in 2021 is not stopping. In the very first month of 2021, we have seen IRFC, StoveKraft, Home First Finance, and indigo paints entering the IPO team of 2021. And now In February, we are having 2 IPOs the Nureca, and one of the biggest providers of neutral telecommunication infrastructure in India Railtel. The initial public offering (IPO) of State-owned RailTel Corporation of India Ltd will open for subscription on February 16 and close on February 18. The IPO's offer includes 8.71 Rs 10 crore shares each, including 5 lakh shares reserved for its employees.

How to Apply for Railtel IPO 2021?

We have made this procedure easy for you. Now you can easily apply for Railtel IPO via our IPOs in the 2021 portal. Click here and apply 2x faster. If you don’t have a Demat account so click here to get a Demat account with 0 account opening fees.

Important details to remember for Railtel IPO:

Company background of Railtel:

RailTel is an information and communications technology (“ICT”) infrastructure provider and one of the largest neutral telecom infrastructure providers in India (Source: CRISIL Report).

 It was incorporated on September 26, 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 June 2020, the optic fiber network covers over 55,000 route kilometers and covers 5,677 railway stations across towns and cities in India. It also operates data centers in Gurugram, Haryana, and Secunderabad, Telangana to host and collocate critical applications for customers including the Indian Railways.

Services that Railtel provides:-

• Telecom Network Services

• National Long Distance (“NLD”) Services
• Internet Service Provider (“ISP”) Services.
• Telecom Infrastructure Services
• Managed Data Center and Hosting Services
• Telepresence Services (“TPaaS”)
• Security Operations Centre as a Services (“SOCaaS”)
• Projects (System Integration Services).

What are the benefits of investing in RailTel IPO?

• The pan-India optic fiber network
• A diversified portfolio of services and solutions
•  Key Partner to Indian Railways
• Expansion of services to include 5G enablement etc.

Things to remember about Railtel IPO:-

What are the dates for Railtel IPO 2021?

• The issue will open on 16th Feb and will continue till 18th Feb 2021.

What are the main details of railtel IPO?

• For the issue of 87,153,369 equity shares with a face value of Rs.10 totaling up to Rs.819.24 crores, the RailTel Limited IPO is a Main Board IPO. KFintech Private Limited is the registrar for the IPO and the shares are proposed to be listed on the BSE and NSE.

How to apply for Railtel IPO?

• To apply for Railtel IPO click here.

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