RailTel IPO received decent response from the market across all categories – QIB, NII and RII. RailTel Corporation of India Limited raised a total of ₹819.24Cr from this issue, which which is an offer for sale by the promoter and selling shareholder, the Government of India. The issue was subscribed 42.39 times overall.
KFintech, the registrar of the issue, is expected to finalize RailTel IPO allotment on 24/02/2021. To check your RailTel IPO allotment status please follow the instructions shared below.
RAILTEL IPO Allotment:Final Subscription Status
Investor Category
Quota
Subscription
Institutional (QIB)
50%
65.14x
Non-Insti. (HNI)
15%
73.25x
Retail (RII)
35%
16.79x
Employee
–
3.36x
Total Subscription
100%
42.39x
RailTel IPO Allotment and Listing Dates
Date Type
Date
Allotment Finalization
24/02/2021
Initiation of Refunds
25/02/2021
Credit of Shares
26/02/2021
Listing Date
01/03/2021
Instructions for checking RailTel IPO allotment Status