Is it good to take RailTel IPO?
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Is it good to take RailTel IPO?
We recommend “SUBSCRIBE” to the RailTel IPO for long-term as well as for listing gains. At the higher price band of Rs 94 per share, RailTel’s share is valued at a FY20 P/E multiple of 15.8x (to its restated EPS of Rs 5.9).
Can we apply for RailTel IPO?
RailTel is set to launch an IPO on February 16, 2021 (open for subscription on Groww!). The IPO will be open for subscription until February 18, 2021. Here’s a short blog on how to apply for RailTel IPO online.
The grey market is super-excited on Paras Defence IPO. While the company has fixed the IPO price band at Rs 165-175 apiece, the shares traded at a hefty premium of Rs 195-200, or 120 per cent, in the unofficial market.
How much does it cost to bid for RailTel IPO?
RailTel IPO Details
| IPO Opening Date | Feb 16, 2021 |
|---|---|
| Face Value | ₹10 per equity share |
| IPO Price | ₹93 to ₹94 per equity share |
| Market Lot | 155 Shares |
| Min Order Quantity | 155 Shares |
Is RailTel allotment out?
The RailTel IPO allotment status will be available on Feb 23, 2021, as per the timeline provided in the red-herring prospectus.
How many times can I subscribe to RailTel IPO?
42.39 times
RailTel IPO Subscription Status Live 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 Feb 18, 2021.
What is the target of RailTel?
with a target price of Rs 167. The current market price of Railtel Corporation of India Ltd. is Rs 143.
How do I get 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.