RailTel IPO Subscription: Check massive number, details highlighted for investors
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. RailTel Corporation of India Limited (RailTel) initial public offer (IPO) is an offer for sale (OFS) up to 8.71 cr equity shares with a face value of Rs 10 per share, aggregating to Rs 819 cr. Of this, 500000 shares will be reserved for eligible employees. The price band is fixed at Rs 93-94 per share.
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: Reuters