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 Subscription Status
|Category||Day 1||Day 2||Day 3|
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.