RailTel IPO means RailTel Corporation of India Limited: Dear All Today, I will share some exciting information on RailTel IPO – RailTel Corporation of India Limited.
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At the same time, many companies had delayed their IPO plans due to the pandemic, and there has a continuous flow of IPOs launch in the last few months. Next to joining the list is the public that RailTel Corporation of India Limited gives. On opening date of the IPO is February 16, 2021, and the closing date is February 18, 2021. All should need to know about the issue.
One can apply for RailTel IPO on Grow easily, that is, UPI. Go to IPO. There, one would be able to see the list of all open IPOs. Select RailTel IPO and click on ‘Apply.’ One would be able to invest in this IPO from February 16, 2021.
About the Company RailTel Corporation of India Limited
The company is an Information and Communications Technology infrastructure provider. With India’s most extensive neutral telecom infrastructure. This company is a Mini Ratna (Category I) Central Public Sector Enterprise. It is wholly own by the Government of India and run by the Ministry of Railways.
Started the company to modernize the existing system for train control, operation, and safety and generates more revenues creating nationwide broadband and multimedia network. Lays an optical fiber cable using way of right along tracks of the railway.
RailTel Corporation gives a wide range of services across different industries, are:
Telecom Network Services – It includes:
National Long Distance (NLD) services
The company offers leased line services—the MPLS-based almost private network (VPN) facilities.
It offers internet-based line services with varying bandwidth options. It also provides broadband services to retail customers via its RailWire platform.
Telecom Infrastructure Services
It includes power, storage, cooling, and physical security for networking equipment and servers of its customers. Telecom company connects them with various telecom network service providers.
It also offers space on microwave towers for particular relation base transceiver stations for telecom operators, the small cell sites for extending their mobile coverage, the room for specific region mobile switching centers. Lastly, it provides single-core dark fiber to transmit digital video signals to multiple system operators for cable distributing.
Data Center and Managed Hosting Services – These are:
The services like Infrastructure as a Service, dedicated hosting, cloud computing, disaster recovery services, managed e-office service, Aadhaar authentication service. Other IT-relate services like load balancing, application hosting, and advanced firewall service, etc.
Telepresence as a Service (PaaS) offers a high-definition, end-to-end, secure, hosted multi-tenant video conferencing facility tie that requires bandwidth as a service.
Security Operations Center as a Service, where its centralized security operations center offers consolidated cybersecurity incident prevention. The security event monitoring services and provides both onsite and offsite services of security.
System Integration Services – These are:
ICT Hardware, Software, and Service System Integration
Digital services like make communications, Wi-Fi as a service, e-tendering or e-auction or intelligent payments, and event management services.
The Consultancy for ICT services
Objects of the Offer
It proposes utilizing the net start from the new issue to carry out the disinvestment of equity shares to achieving the benefits of equity shares listed in stock exchanges.
Question 1. What is RailTel Corporation of India Limited IPO?
It is a Main Board IPO for 87,153,369 equity shares having a face value of Rs.10 and a total up to Rs.819.24 Crores. Register for the IPO is KFintech Private Limited, the shares proposed on BSE and NSE.
Question 2. What is the meaning of open and close dates of the RailTel Corporation of India Limited IPO?
The RailTel Corporation of India Limited IPO has opened on February 16, 2021, and closes on February 18, 2021.
Question 3. What are the lot size and minimum order quantity of the RailTel Corporation of India Limited IPO?
The size for the RailTel IPO is 155 shares, and the minimum order quantity is 155 shares.
Question 4. What are the plot land and listing dates of the RailTel Corporation of India Limited IPO?
For the RailTel IPO, the allotment date is February 23, and the listing date is February 26.
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