Railtel IPO - Things to Know Before Investing
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About the Company
Incorporated in 2000, RailTel Corporation is a public sector business unit, wholly owned by the Government of India (GOI) and administrated by the Ministry of Railways. It is an Information and Communication Technology (ICT) infrastructure provider company. The company was established with the key objective to modernize telecom infrastructure and today, it is one of the largest telecom infrastructure providers.
RailTel uses the latest technology like high dense wavelength division multiplexing (DWDM) and multi-protocol label switching (MPLS) network. The company has data centers in Haryana, Gurugram, Secunderabad, and Telangana.
Company Promoters:
The President of India, acting through the Ministry of Railways is the promoter of the company.
RailTel IPO Details
IPO Opening Date Feb 16, 2021
IPO Closing Date Feb 18, 2021
IPO Price ₹93 to ₹94 per equity share
Market Lot 155 Shares
Min Order Quantity 155 Shares
Retail Portion is 35% – minimum order value Rs. 2l
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Created by : Rosh_0007
Here is a quick look at the financial performance of RailTel Corporation of India Limited over the last seven years
Strengths of RailTel Corporation of India Limited
- RailTel is among the largest neutral telecom infrastructure providers in India with a pan-India optic fiber network
- The company offers a diversified portfolio of ICT services and solutions including MPLS-VPN, leased lines services, TPaaS, e-Office services, data center services, large network hardware system integration, and software and digital services.
- RailTel serves as a key partner to the Indian Railways in digital transformation. It provides a range of services to the Railways including the implementation of an MPLS data network for integrated payroll and accounting system, unreserved ticketing system, freight operations information system, and coaching operations information systems.
- The company has a track record of executing projects of national importance and boasts of a robust pipeline of projects.
- The company has been consistently profitable since 2007 and has a positive net worth since its incorporation.
- RailTel is professionally managed with strong corporate governance and a senior management team with significant industry experience.
Weaknesses of RailTel Corporation of India Limited
- RailTel relies heavily on the Indian Railways, Government of India, and PSUs for most of its business.
- The ICT infrastructure industry involves high fixed costs and capital outflow.
- Since the telecom sector is prone to regular upgrades and the introduction of new technologies, RailTel needs to constantly keep itself relevant by inducing the required changes.
- The telecom industry is highly competitive and RailTel needs to be at the top of its game at all times. Any slip-up can be costly.
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Yes, mostly I will.
Abi to ekdum garam sector hai ye plus GMP is also very good.
We still have 1 week to finalize so hope for the best
#AA_JJ
RailTel Corporation of India Limited IPO
- IPO Opening Date Feb 16, 2021
- IPO Closing Date Feb 18, 2021
- Issue Type Book Built Issue IPO
- Face Value ₹10 per equity share
- IPO Price ₹93 to ₹94 per equity share
- Market Lot 155 Shares
- Min Order Quantity 155 Shares
- Max Order Quantity 13 lots or 2015 Shares
- Listing At BSE, NSE
- Issue Size 87,153,369 Eq Shares of ₹10 (aggregating up to ₹819.24 Cr)
- Offer for Sale 87,153,369 Eq Shares of ₹10 (aggregating up to ₹819.24 Cr)
IRFC IPO ke flop show ke baad pesh hai RaiTel IPO
They are giving Rs 1 dividend.. Also share price reaching near ipo price.. No loss..
Similar will be in case of railtel.Even if share price decreases dividends will compensate in Long run.
Buy for risk free lifelong income.
Railtel has potential no doubt but still wait for the last day as market is really overpriced now.
Aviod.
In telecom sector nobody makes money in long run as technology changes fast and obsolescence is very high. And above all its psu stock.
It is not telecom company, railtel is a broadband provider.
Can you explain how to buy from gray market?
Have never applied for an IPO, thinking to go ahead with this. Any suggestions?
Grey market premium is currently Rs. 45/- a must apply , only hitch is it is a sarkari company, PSUs do not enjoy a higher valuation as govt keeps meddling in their affairs, with OFS, mergers, stake sales etc etc, all said and done, it is good issue for listing gains , more so if you are a long term investor, will be heavily subscribed for sure
A market crash is imminent , too much bull run after corona not sustainable
Whatever stocks were brought in March April 2020 has more than doubled within less than1 year
Totally Avoiding.
Requested railtel to for a broadband connection for 3 months. their employees sucks no one wants to take new customers because they will get the salary anyway.
Called Airtel for broadband, the seller used his 700mtr fiber wire on his cost so he can give connection to me(before covid airtel used to cost 1300 for 100mbps and railtel @ 670rs). This is a difference b/w govt and private, govt employees don’t care bcoz the govt won’t cut the salary even after complaints. Max to max transfer to another location.
So its a no no for me.
During FY18-20, RailTel’s revenue grew at a compounded annual growth rate of 7.5 per cent at Rs 1,128 crore in FY20. Over the same period, its Ebitda grew at a CAGR of 12.4 per cent at Rs 334 crore in FY20. Net profit rose 2.6 per cent CAGR during the period to Rs 141 crore in FY20. The operating margin was above 28 per cent while the dividend payout ratio was 46-49 per cent during the period.
Read more at:
https://economictimes.indiatimes.com/markets/ip...
How to check GMP? Who have applied for railtel ipo. ? @bikidas2060 @MrKool_JJ . ANY suggestions as this is going for mh first IPO.
Always go through the below mentioned websites for all IPO related details :
1. https://www.chittorgar...m/
2. https://chanakyanipoth...m/
I’ve personally not yet applied and will not apply if this is the trend.
#AA_JJ
Those who have made their minds to buy this will buy anyway. Recently there’s a hoard of divestment of many different govt. entities which may look like we are going for a reform of these ( ie. entities ) for good but it also shows govt. is in dire need of money mostly for railways as it’s one of those sector where spending went ahead of earnings mainly due to salaries, unnecessary projects like bullet trains and some trains where there’s hardly any passengers. All the best to those who are thinking of getting some good return in future by investing in these PSUs.
Any suggestions?
Whether any gain can b made?
Ironically looking for gmp of railtel using railtel wifi
Then it’s ur MORAL duty to invest in that.
It means lose or profit?
Invested, Will see If I get the allotment.
btw, whats you opinion about UTI and IRFC?
East or West, Third option of the poll is the BEST!
Sugham, Avideyo? E varsham engilum pooram kaanumo?
Numbers are still high due to number of testing is more than other Dist. as well as the airport quarantine people comes under kochi only. People here aren’t scared of it anymore tbh
I’m glad that me n my family made it thus far without getting the infection. Hopefully will continue to protect ourselves.
Oversubscribed by 45 times
Finally After One year, I am successful @bikidas2060 @MrKool_JJ @adrishya Whats ur status?
Congratulations mate
Btw, I did not apply.
#AA_JJ
Applied but didn’t get allotment
@bikidas2060 @MrKool_JJ @guest_999 @garamjalebi @marketdimer @Original @homedimer @malikcool @BubbleBoyChickenLittle