RailTel IPO Subscription Details

Bookbuilding IPO | ₹819 Cr | Listed at BSE, NSE | Tue, Feb 16, 2021 - Thu, Feb 18, 2021

Basis of Allotment - RailTel IPO

Category QIB NII Retail Employees Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)1,73,69,2372,59,57,4464,33,26,6831,29,98,0063,03,28,6805,00,0008,71,53,369
Allotment price (Rs.)94949494949494
No.of applications94231175,75820,68,16432520,74,364
No.of shares applied1,13,05,31,8702,80,90,0301,15,86,21,90094,21,40,53044,75,48,8604,52,9102,54,87,64,200
Amount collected (Rs.cr.)10,627.00 264.05 10,891.05 8,856.12 4,206.96 4.26 23,958.38
No.of times subscribed65.091.0826.7472.4814.760.9129.24
No.of shares allotted1,73,92,7832,59,57,4464,33,50,2291,30,05,0693,03,45,1614,52,9108,71,53,369
Amount (Rs.cr.)163.49 244.00 407.49 122.25 285.24 4.26 819.24
No.of allottees94231173,0401,95,7753251,99,257

IPO Shares Offered

RailTel IPO is a public issue of 8.72 Cr equity shares. The issue offers 3.03 Cr shares to retail investors, 4.33 Cr shares to qualified institutional buyers, and 1.30 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 4,33,26,683407.27 49.71%
    Anchor 2,59,57,446 244.00 29.78%
    QIB (Ex Anchor) 1,73,69,237 163.27 19.93%
NII 1,29,98,006122.18 14.91%
Retail3,03,28,680285.09 34.80%
Employee5,00,0004.70 0.57%
Total8,71,53,369819.24 100%

RailTel IPO Anchor Investor Allocation

A total of 2,59,57,446 shares at a price of Rs 94 per share will be allotted to the anchor investors.

Anchor investors bid opening dateFeb 15, 2021
Anchor investor price₹94.00
Anchor investors as % of QIBs59.91%
No. of shares locked-in for 30 days1,29,78,723
No. of shares locked-in for 90 days1,29,78,723
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 HDFC LIFE INSURANCE CO.LTD. HDFC LIFE INSURANCE 37,23,100 35.00 14.34 4.27
2 NIPPON INDIA SMALL CAP FUND NIPPON INDIA MUTUAL FUND 31,91,295 30.00 12.29 3.66
3 GOLDMAN SACHS INDIA LTD. GOLDMAN SACHS 31,91,295 30.00 12.29 3.66
4 ICICI PRUDENTIAL INFRASTRUCTURE FUND ICICI PRUDENTIAL MUTUAL FUND 7,97,940 7.50 3.07 0.92
5 ICICI PRUDENTIAL MIDCAP FUND ICICI PRUDENTIAL MUTUAL FUND 7,97,785 7.50 3.07 0.92
6 ICICI PRUDENTIAL BHARAT CONSUMPTION FUND-SERIES 2 ICICI PRUDENTIAL MUTUAL FUND 7,97,785 7.50 3.07 0.92
7 ICICI PRUDENTIAL SMALLCAP FUND ICICI PRUDENTIAL MUTUAL FUND 7,97,785 7.50 3.07 0.92
8 HDFC BALANCED ADVANTAGE FUND HDFC MUTUAL FUND 18,88,520 17.75 7.28 2.17
9 HDFC DIVIDEND YIELD FUND HDFC MUTUAL FUND 6,60,765 6.21 2.55 0.76
10 HDFC VALUE FUND HDFC MUTUAL FUND 5,47,615 5.15 2.11 0.63
11 HDFC MULTI-ASSET FUND HDFC MUTUAL FUND 94,395 0.89 0.36 0.11
12 ADITYA BIRLA SUN LIFE INSURANCE CO.LTD. ADITYA BIRLA SUN LIFE INSURANCE 21,27,530 20.00 8.20 2.44
13 360 ONE FOCUSED FUND 360 ONE MUTUAL FUND 15,95,725 15.00 6.15 1.83
14 TATA DIGITAL INDIA FUND TATA MUTUAL FUND 12,76,580 12.00 4.92 1.46
15 UTILICO EMERGING MARKETS TRUST PLC UTILICO EMERGING 12,76,580 12.00 4.92 1.46
16 COHESION MK BEST IDEAS SUB-TRUST COHESION MK 10,63,765 10.00 4.10 1.22
17 NUVAMA CROSSOVER OPPORTUNITIES FUND-SERIES III NUVAMA 5,32,270 5.00 2.05 0.61
18 INTEGRATED CORE STRATEGIES (ASIA) PTE.LTD. INTEGRATED CORE 5,32,270 5.00 2.05 0.61
19 AURIGIN MASTER FUND LTD. AURIGIN 5,32,176 5.00 2.05 0.61
20 EDELWEISS BALANCED ADVANTAGE FUND EDELWEISS MUTUAL FUND 4,32,605 4.07 1.67 0.50
21 EDELWEISS RECENTLY LISTED IPO FUND EDELWEISS MUTUAL FUND 79,050 0.74 0.30 0.09
22 EDELWEISS EQUITY SAVINGS FUND EDELWEISS MUTUAL FUND 15,965 0.15 0.06 0.02
23 EDELWEISS AGGRESSIVE HYBRID FUND EDELWEISS MUTUAL FUND 4,650 0.04 0.02 0.01
2,59,57,446244.0010029.78

IPO Subscription FAQs

The RailTel IPO is subscribed 42.3924 times by Feb 18, 2021 05:00.

RailTel IPO Subscription

Investor Category Subscription (times)
Qualified Institutional65.1411
Non Institutional73.2511
Retail Individual16.7827
Employee Reservations3.3542
Total Subscription42.3924

Retail category of RailTel IPO subscribed 16.7827 times as of date Feb 18, 2021 05:00. The public issue closes on Thu, Feb 18, 2021 for bidding.

An investor can apply in RailTel IPO online via bank (using ASBA) or the broker (using UPI). The RailTel IPO shares are offered online only.

The RailTel IPO is subscribed 42.3924 times by Feb 18, 2021 05:00.

The RailTel IPO allotment status is expected on or around Tuesday, February 23, 2021. Visit RailTel IPO allotment status to check.

The RailTel IPO listing date is February 26, 2021. The equity share of RailTel IPO will list on BSE, NSE.

Visit RailTel IPO subscription status page for real-time bidding information about RailTel IPO.

RailTel IPO Timetable

IPO opens OnTuesday, February 16, 2021
IPO Closes OnThursday, February 18, 2021
Finalisation of Basis of AllotmentTuesday, February 23, 2021
Initiation of RefundsWednesday, February 24, 2021
Credit of Shares to Demat AccountWednesday, February 24, 2021
IPO Listing DateFriday, February 26, 2021
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