RailTel IPO Subscription Status: FINAL
| 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 Subscription: End of Day Update
| Day | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 0.00x | 2.96x | 65.14x |
| HNI | 0.75x | 2.63x | 73.25x |
| Retail | 4.99x | 10.54x | 16.79x |
| Employee | 0.81x | 1.85x | 3.36x |
| Total | 2.63x | 6.65x | 42.39x |
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 INVESTMENTS – NEUTRAL
“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 ]
RailTel IPO Subscription: Key IPO Details
| Type | Value |
|---|---|
| Issue Size | ₹819.24 Cr |
| Issue Open | 16/02/2020 10:00 AM |
| Issue Close | 18/02/2020 05:00 PM |
| Face Value | ₹10/- per Equity Share |
| IPO Price | ₹93 – ₹94 |
| Lot Size | 155 shares |
| Lots | Min 1 – Max 13 |
| 2018 | 2019 | 2020 | |
|---|---|---|---|
| Revenue from Ops | 976.78 Cr | 1,003.27 Cr | 1,128.05 Cr |
| Profit before Tax | 159.61 Cr | 217.69 Cr | 184.76 Cr |
| Profit after Tax | 141.07 Cr | 135.36 Cr | 134.01 Cr |
| EPS (Basic) | 4.18 | 4.22 | 4.40 |
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
