RailTel IPO share allocation: The initial public share issue (IPO) of RailTel Corporation of India, a state-owned telecom infrastructure sector, received 42.39 times bids on the last day on Thursday.
New Delhi. RailTel IPO share allocation: The initial public share issue (IPO) of RailTel Corporation of India, a state-owned telecom infrastructure sector, received 42.39 times bids on the last day on Thursday. The company’s IPO has received more subscription in almost every category. Allotment of shares under RailTel IPO will be on 23 February 2021. If you also applied for the IPO of RailTel, then you will know that you have got allotment or not. If you get shares, then shares will come in your account on February 24. But if you do not get shares, then you will start getting your money back from 24 February. The shares will be listed on February 26, after which you will be able to trade these shares.
Allotment status check in this way-
You can check the status of your application on the website of investor KFin Technologies or BSE.
Check this way on KFin Technologies-
For this you can go to this link https://kcas.kfintech.com/ipostatus/.
After this, here you have to select RailTel Corporation of India IPO.
After this, you enter your application number.
After this, enter DPID / Client ID, Select NSDL / CDSL, and Enter DPID and Client ID, In case of PAN, Enter PAN Number.
Then enter the captcha given here.
On submitting captcha, you will be able to see the IPO share allocation status.
Check this way on BSE website-
You can check share allotment through BSE website.
First of all, you visit the website of BSE https://www.bseindia.com/investors/appli_check.aspx.
After this, select Equity here.
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After this, select RailTel Corporation of India.
After entering the application number, PAN number, you have to click. After which you will be able to see your IPO allotment status.
This IPO was open between 16 February and 18 February,
tell us that RailTel’s IPO was open between 16 February and 18 February. Meanwhile, 42 times more subscriptions have been received. RailTel is preparing to raise about 819.24 rupees through this IPO. The price range of RailTel IPO was 93-94 per share. ICICI Securities, IDBI Capital Markets & Securities Limited and SBI Capital Markets are the managers of the offer.
