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IPO Synopsis

Railtel Corporation of India Ltd
Registered Office: 6th Flr Office Block Tower-2,East Kidwai Nagar South Delhi , New Delhi - 110023 , New Delhi , India.
Phone : 91-011-22900600   Fax:
Email :  
Website :
Initial public offering of 87,153,369 equity shares of face value of (Rs)10 each ("equity shares") of Railtel Corporation of India Limited (The "company" or the "issuer") through an offer for sale by The President of India, acting through The Ministry of Railways, Government of India (The "selling shareholder"), for cash at a price of (Rs)94 per equity share (including a share premium of (Rs)84 per Equity share) (the "offer price"), aggregating to (Rs)819.24 crores (the "offer"). Offer price and Anchor investor offer price: (Rs)94 per equity share of face value of (Rs)10 each. The Offer price is 9.40 times the face value of equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
16-Feb-21 18-Feb-21 (Rs)94.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :155  Further Multiples of :155

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00 ICICI Securities Ltd
Project Financed through Current Offer 819.24  
Post Issue Equity Share Capital 320.94  
Issue Price (Rs)94.00  
To achieve the benefit of listing the Equity Shares on the Stock Exchanges
Promoted By
The President of India  
Listing At
Registrar to the Issue
KFin Techologies Pvt Ltd  

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