Railtel Corporation of India IPO Closed

Another Indian Railways company is going public.

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Date 16 Feb 2021 – 18 Feb 2021
Price range 93 – 94
Minimum order quantity 155
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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). The 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.

The company operates 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, the company also undertakes various ICT projects for the Indian Railways, central government, and state governments, including various train control system projects for Indian Railways.

How do I apply for the Railtel IPO?

You can apply for the Railtel IPO using any supported UPI app by following two steps:
  • Enter your bid on Console
  • Accept UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.