Monday, February 15, 2021

RailTel IPO Subscription Numbers & Status | Should you subscribe?


RailTel IPO to hit the market on 16 February 2021. As the grey market is going good we will expect some fireworks in the IPO. The good news came from IRFC as they announced a superb result and the dividend as well so it will give positive impact on this stock. RailTel will get a good subscription numbers from all the categories. According to current data subscribe with short and long term goals.  Check RailTel IPO GMP day by day.

Latest Update: RailTel IPO subscribed 42.39x times, QIB 65.14x, NII 73.25x & RII 16.78x overall. The things are looking great with the high number of subscription in QIB and HNI.

RailTel IPO

RailTel IPO Subscription Status
(Fully Subscribed)

Category Day 1 Day 2 Day 3
QIB 0.00x 2.96x 65.14x
NII 0.75x 2.63x 73.25x
RII 4.99x 10.55x 16.78x
EMP 0.81x 1.85x 3.35x
Total 2.64x 6.64x 42.39x

RailTel IPO Dates & Price Band:

 IPO Open:  16 February 2021
 IPO Close:  18 February 2021
 IPO Size:  Approx ₹819 Cror
 Face Value:  ₹10 Per Equity Share
 Price Band:  ₹93 to ₹94 Per Share 
 Listing on:  BSE & NSE
 Retail Portion:  35%
 Equity:  87,153,369 Shares

RailTel IPO Market Lot:

  Minimum Lot Size:  Minimum 155 Shares
 Minimum Amount:  ₹14570
  Maximum Lot Size:  Maximum 2015 Shares
 Maximum Amount:  ₹189410

RailTel IPO Allotment & Listing:

 Basis of Allotment:  23 February 2021
 Refunds:  24 February 2021
 Credit to Demat Account:  25 February 2021
 Listing Date:  26 February 2021

RailTel IPO Subscription FAQs:


When RailTel IPO Subscription will start?
The IPO subscription starts on 16 February 2021 for QIB, NII, and Retail Investors.

How much RailTel IPO subscribed?
The IPO subscribed 42.39x times on day 3.

What is RailTel IPO Retail subscription status?
The RII subscription is 16.78x on day 3.

How to subscribe RailTel IPO?
You can go with ASBA and Non ASBA option for subscription. Go to your bank account and apply IPO online via ASBA or download form online or get the physical form and submit the filled form to your broker or bank.

How do i check live RailTel IPO Subscription Numbers?
One can visit our portal for live subscription numbers which we are updating hourly basis or check the numbers on NSE and BSE website.