RailTel Corporation files draft papers with SEBI for Rs 700 crore IPO
State-owned telecom infrastructure provider RailTel has filed Draft Red Herring Prospectus (DRHP) with the market regulator SEBI for an initial public offer (IPO) of up to 8.66 crore equity shares.
The issue consists of an offer for sale of 8,66,53,369 shares and employee reserved portion by the Government of India. Photo: PTI