Bharat Sanchar Nigam Limited
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RailTel IPO Details. RailTel IPO Reservation. RailTel IPO offers 61,195,923 shares. 17,369,237 (28.38%) to QIB, 12,998,006 (21.24%) to NII, 30,328,680 (49.56%) to RII, 500,000 (0.82%) to employees. 195,668 RIIs will receive minimum 155 shares and (sNII) and (bNII) will receive minimum 2,170 shares. (in case of oversubscription)
- February 18, 2021
- Plate-A, 6th Floor, Office Block, Tower-2, East Kidwai Nagar, South Delhi
- February 16, 2021
- The IPO. The public issue comprises up to 8,71,53,369 equity shares of the face value of Rs 10 each and is a complete offer for sale by the Government of India.
- Opening and closing dates. The public issue will open for subscription on February 16 and will close on February 18. The issue will also open for a day on February 15 for anchor investors.
- The price band. The company and the government, in consultation with merchant bankers, have fixed the price band at Rs 93-94 a share. In the higher price band, the minimum application size for retail investors comes to Rs 14,570.
- Fund raising. The government is going to raise Rs 819.24 crore by selling a stake in RailTel.
RailTel IPO subscribed 42.39 times. The public issue subscribed 16.78 times in the retail category, 65.14 times in QIB, and 73.25 times in the NII category by February 18, 2021 (Day 3). Investor Category. Subscription (times) Shares Offered. Shares Bid for. Total Amount (Rs Cr.)*.
- Telecom Network Services – This Includes
- Telecom Infrastructure Services.
- Data Center and Managed Hosting Services – This Includes
- System Integration Services –This Includes
National Long Distance (NLD) services. The company offers leased line services and MPLS-based virtual private network (VPN) facilities.ISP services. The company offers internet-based line services with varying bandwidth options. It also offers broadband services to retail customers via its RailWire platform.This includes power, storage, cooling, and physical security for networking equipment and servers of the company’s customers. It also connects them with various telecom network service providers. RailTel also offers space on microwave towers for collocating base transceiver stations (BTS) for telecom operators, small cell sites for extending their ...
Data Center services like Infrastructure as a Service (IaaS), dedicated hosting, cloud computing, disaster recovery services, managed e-office service, Aadhaar authentication service, and other IT-...Telepresence as a Service (TPaaS) where it offers a high-definition, end-to-end, secure, hosted multi tenant video conferencing facility bundled with required bandwidth as a service.Security Operations Center as a Service (SOCaaS) where its centralized security operations center offers consolidated cybersecurity incident prevention and security event monitoring services. It of...ICT Hardware, Software, and Service System IntegrationDigital services like unified communications, Wi-Fi as a service, e-tendering/ e-auction/ smart payments, and disaster management services.Consultancy for ICT servicesRailTel is a public sector ICT infrastructure provider and a subsidiary of Indian Railways. It raised INR810.52 crore through an offer for sale of 87.15 lakh shares in February 2021 and listed on NSE and BSE.
Feb 22, 2021 · Amit Mudgill. , ETMarkets.com Last Updated: Feb 24, 2021, 09:01:00 AM IST. Font Size. Synopsis. RailTel received 23,79,717 applications for shares, the second best for a Railway IPO since IRFC’s 25,51,325. The scrip may be listed on the bourses on Friday.
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Feb 12, 2021 · NEW DELHI: RailTel Corporation, a PSU that provides internet services for the Indian rail system along with other things, is scheduled to launch its initial public offer (IPO) next week. The government will sell 27 per cent in the company to raise Rs 819 crore.
