Railtel IPO Date 2020 Subscription, Latest News, GMP, Details

Railtel IPO Date 2020 Government Company Railtel IPO Opening Date 2021 Grey Market Premium Railtel IPO Latest News 2021 Initial Public Office Railtel IPO Registration 2020. Mini Ratna company of India RailTel going to bring Initial Public Offering, popular as Railtel IPO may soon bring Rs 700 crore IPO. Here we will discuss update on RailTel IPO. 

Railtel IPO Latest News 2020: Security Exchange Board of India has approved IPO for Railtel IPO. Company Managing director has given information on Railtel IPO. Company is offering various services to Central Govt, State Govt and Private Companies. In Covid 19 symptoms, company able to attract 1 Lakh subscriber and total on current Railtel has a customer base of 2.75 Lakh. 

Railtel IPO Subscription 2020: Main reason to fill IPO of Railtel is, company is Loan Free and paying dividend from financial year 2008. Railtel has 57,457 KM of Optical Fiber Network and it may soon launch Content On Demand Product and services. Beside this Railtel also planning to invest in country like Bangladesh and Mauritius. 

Railtel IPO Share Price: Government Company Railtel going to bring IPO in price of Rs 350 above and company will sell 8.66 crore equity share in December month. Main objective of Railtel IPO is to expand their service and work in other location. So to aims these objective, company must have suitable amount. 

Railtel IPO Grey Market Premium: In Year 2019-20 Railtel generated income of Rs 1166 crore. Railtel IPO share will be listed in both Bombay Stock Exchange and National Stock Exchange. Rs 700 crore of Railtel IPO will be an offer for sale. 

About Railtel 

Railtel IPO is India’s Largest Telecom Infrastructure provider in the country. It is powered by Government of India and administrated by Ministry of Railway. 

So all these update are of IPO Date of Railtel. You can comment us below for more details.