RailTel IPO Live Subscription Status and Analyst Reviews

Live subscription status across each investor category and analyst recommendations
RailTel IPO Subscription

RailTel IPO Subscription Status: FINAL

Investor CategoryQuotaSubscription
Institutional (QIB)50%65.14x
Non-Insti. (HNI)15%73.25x
Retail (RII)35%16.79x
Employee3.36x
Total Subscription100%42.39x

RailTel IPO Subscription: End of Day Update

DayDay 1Day 2Day 3
QIB0.00x2.96x65.14x
HNI0.75x2.63x73.25x
Retail4.99x10.54x16.79x
Employee0.81x1.85x3.36x
Total2.63x6.65x42.39x

RailTel IPO: Analyst Recommendations

GEPL Capital – Subscribe [ Report ]

Focus on rural fiberization will augment the long term growth prospects of RailTel as well. As India
turns into a lucrative 5G opportunity, RailTel will be a key beneficiary. The offer is fairly priced at a ~21x PE on FY20 EPS.

ANGEL BROKING – SUBSCIRBE [ Report ]

“We expect a good listing for the company. We are positive on the long term prospects of the industry as well the company,”

JST INVESTMENTSNEUTRAL

“The expensive valuations and the market froth make us wary of this IPO. For the long term, we have no view on the IPO. While for the short term, it seems that the company will list at a good premium given its grey market premium of 50 per cent.”

Choice Broking – SUBSCRIBE [ Report ]

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RailTel IPO Subscription: Key IPO Details

TypeValue
Issue Size₹819.24 Cr
Issue Open16/02/2020 10:00 AM
Issue Close18/02/2020 05:00 PM
Face Value₹10/- per Equity Share
IPO Price₹93 – ₹94
Lot Size155 shares
LotsMin 1 – Max 13
201820192020
Revenue from Ops976.78 Cr1,003.27 Cr1,128.05 Cr
Profit before Tax159.61 Cr217.69 Cr184.76 Cr
Profit after Tax141.07 Cr135.36 Cr134.01 Cr
EPS (Basic)4.184.224.40

RailTel IPO Subscription – FAQs

1. How to apply for RailTel IPO in Retail Category?

A: An investor in retail category may either apply through the UPI process via DEMAT account or the ASBA process via bank account

2. How to apply for RailTel IPO in HNI Category?

A: An investor can apply in HNI category only through the ASBA process via bank account

3. Where can I find the Red Herring Prospects (RHP) details?

A: You can visit the NSE or SEBI website for these details. Alternately you can click here: DRHP

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