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The basis of allotment for RailTel IPO is available now.
The RailTel IPO allotment status will be available on Tuesday, February 23, 2021, as per the timeline provided in the red-herring prospectus.
Below are the steps to check RailTel Corp.of India Ltd. IPO allotment status online:
Note: The disabled button shows that the allotment is not yet available online.
The allotment result looks like as below:
The expected Listing price of RailTel IPO depends on many factors including demand, nature of the business, market environment, and state of the economy. The RailTel IPO grey market premium gives some hint but the actual Listing price is difficult to guess.
RailTel Corp.of India Ltd. IPO IPO allotment status is expected on Tuesday, February 23, 2021. Click the green button RailTel Corp.of India Ltd. IPO allotment status above to check the allotment. Note : The button remains disabled until the allotment is available online.
If RailTel IPO oversubscribed in the retail category, the RailTel IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.
The RailTel Corp.of India Ltd. listing date is February 26, 2021. The equity shares of RailTel Corp.of India Ltd. will list on BSE, NSE.
The reason you didn't get the RailTel IPO could be:
RHP