The date for the distribution of the RailTel IPO is 24 February 2021, Wednesday.
As the market moves smoothly and GMP looks good for IPO investors they will definitely use this IPO.
The long-term look good for IPOs and short-term investors are still looking at a 20% gain in stocks according to GMP.
RailTel IPO registered 42.39x times, QIB 65.14x, NII 73.25x and RII 16.78x in total.
Things look great with a high number of subscriptions in QIB and HNI.
Check out RailTel IPO share status online.
You can check the RailTel assignment with the options provided below.
RailTel IPO Allotment & Listing Details
The date for the distribution of the RailTel IPO is 23 February 2021 but the allocation may reach 24 February 2021. According to the registration number, the basis for the RailTel IPO allocation will be approximately 73: 6.
|RailTel IPO Allotment Date||Allotment is Out|
|RailTel Listing Date||26 Feb 21|
|RailTel IPO Basis of Allotment||73:6|
Check Railtel IPO Allotment Here:
log on to https://kcas.kfintech.com/ipostatus/
RailTel IPO Details
|Issue Open||Feb 16, 2021|
|Issue Close||Feb 18, 2021|
|IPO Size||₹819.24 Cr|
|Listing At||BSE, NSE|
|IPO Lot Size||155|
Railtel IPO Allotment FAQs
|1) When is Railtel IPO allocation expected?|
|The share status of the RailTel IPO will be available on Feb 23, 2021, according to the timeline provided for the red prospecting.|
|2) How can you assess the status of the Railtel IPO Allotment?|
|Below are the steps to check RailTel IPO share status online:|
Visit the RailTel IPO share status page.
Click on the RailTel IPO Allotment Status green.
Enter any PAN number, application number or DP client ID of the data account to check the RailTel IPO share status.
Note: The disabled button indicates that the assignment is not yet available online.
The result of the assignment looks as follows:
PAN number .: AHMLK1898J
Application number: RL041213805307
Name: Mr. Rajveer Singh
Stocks Used: 40
Shares Shared: 40
|3) What is the expected listing price for Railtel IPO?|
|The expected listing price for RailTel IPO depends on a number of factors including demand, type of business, market environment and economic situation. The premium market for the RailTel IPO gray offers some suggestions but the actual list value is hard to guess.|
|4) Where can you check Railtel IPO status?|
|RailTel IPO Distribution Status is expected on February 23, 2021. Click the green RailTel IPO Assignment Status above to check the allocation. Note that the button remains disabled until the assignment is available online.|
|5) On what basis are Railtel IPO shares allocated to retail investors?|
|If the RailTel IPO is over-registered in the sales category, the shares of the RailTel IPO will be distributed equally to individual retailers (RII). Each investor who sells will receive a minimum of 1 share depending on the availability of shares in the sale segment. If enough stock is not available, a lottery is drawn to select investors.|
|6) When will the Railtel IPO be listed?|
|Shares of RailTel IPO will be listed on Friday, February 26, 2021. The budget of RailTel Corporation of India Limited will be calculated on the BSE, NSE.|
|7) Why didn’t I get a share in Railtel IPO?|
|The reason you did not receive a RailTel IPO could be:|
The IPO is over-registered and the allocation process is completed by lottery
The IPO request was rejected due to inconsistencies / incomplete details
The price of the problem is higher than the bid price. (Always use for a discounted price).
|8) When does the Railtel IPO come?|
|The RailTel IPO will be open for bidding on February 16, 2021. The IPO application closes on February 18, 2021.|