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