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MarketCircularsDaily Updates
February 16, 2021
179

IPO Alert: Rail Tel Corporation of India Limited

Incorporated in 2000, Railtel is a state-owned company, responsible for providing information and communication infrastructure to the railway. Its primary role is to upgrade, modernise, and maintain the existing telecom system of train control and generate additional revenue by laying optical fiber cable along the rail tracks. On June 2020, Railtel covered an optical fiber network of 55,000 Km along 5677 railway stations.

Bid/Offer Opens On Tuesday, 16th February, 2021
Bid/Offer Closes On Thursday, 18th February, 2021
Price Band Rs. 93 - Rs. 94
Lot Size 155 shares and multiples thereafter

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