Company Info
  • RailTel Corporation of India Limited is an information and communications technology (“ICT”) infrastructure provider and is one of the largest neutral telecom infrastructure providers in India (Source: CRISIL Report). Company is a Mini Ratna (Category-I) Central Public Sector Enterprise, wholly-owned by the Government of India and under the administrative control of the Ministry of Railways. Company was incorporated on September 26, 2000 with the aim of modernizing the existing telecom system for train control, operation and safety and to generate additional revenues by creating nationwide broadband and multimedia network by laying optical fiber cable by using the right of way along railway tracks.
  • Company operate data centers in Gurugram, Haryana and Secunderabad, Telangana to host and collocate critical applications for customers including the Indian Railways. In addition to strategic and critical network infrastructure services, Company also undertake various ICT projects for the Indian Railways, central government and state governments, including various train control system projects for Indian Railways.
  • Companies portfolio of services can be broadly classified as below:
    • Telecom Network Services, Telecom Infrastructure Services, Managed Data Center and Hosting Services & Projects (System Integration Services).
  • Companies operations is certified with various certifications including ISO 9001:2015, ISO/IEC 20000-1:2018, ISO/IEC 27001:2013, ISO/IEC-27017:2015, ISO/IEC-27018:2019 and CMMI Maturity Level-4 for its quality management systems, service management systems and information security management systems, security techniques – code of practice for information security controls based for cloud services and security techniques – code of practice for protection of personally identifiable information in public clouds, respectively.

Company has a strategic relationship with the Indian Railways and it undertake a wide variety of 

projects including provision of mission critical connectivity services such as Video Surveillance 

System (“VSS”) at stations and within trains, ‘e-Office’ services and implementing short haul 

connectivity between stations and long haul connectivity to support various organizations within 

the Indian Railways. Company also undertake various passenger services including Content on 

Demand (“CoD”) services and Wi-Fi across major railway stations in India

Offer Details:-

Issue Period

:

Issue opens on: Tuesday, February 16, 2021
Issue closes on: Thursday, February 18, 2021

Price Band

:

Rs.93/- to Rs.94/- per equity share

Bid Lot

:

155 Equity share and in multiple of 155 equity share thereafter.

Issue Size

:

Rs.811 crore - Rs. 819 crore

Employee Reservation

:

5,00,000 Equity shares. Rs.4.70/- crs @ upper price band.

Issue break-up

:

QIB - 50 % of the Net offer – Rs. 407 Cr
NIB - 15 % of the Net offer - Rs. 122 Cr
RET - 35 % of the Net offer - Rs. 285 Cr

Listing

:

NSE and BSE

Registrar

:

KFIN Technologies Pvt. Ltd.

UPI

:

All Retail Applications through brokers are compulsorily in UPI Mode



Retail Bidding Chart:-

RailTel Corporation of India Limited

Offer Period

From February 16th , 2021 to February 18th, 2021

Issue Price

Rs.93/- to Rs.94/- per equity shares

Bid Lot

155  Shares and in multiple thereof

Lot

Shares

Rate

Amount

1

155

94

14570

2

310

94

29140

3

465

94

43710

4

620

94

58280

5

775

94

72850

6

930

94

87420

7

1085

94

101990

8

1240

94

116560

9

1395

94

131130

10

1550

94

145700

11

1705

94

160270

12

1860

94

174840

13

2015

94

189410