RailTel Corporation IPO subscribed 11 times on the final day
Thu, Feb 18, 2021 12:54 PM

RailTel Corporation IPO subscribed 11 times on the final day

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RailTel Corporation will close its IPO on February 18. The Rs 819-crore offer has subscribed 10.92 times as the issue received bids for 66.82 crore equity shares against IPO size of over 6.11 crore shares. The IPO size did not include the anchor book portion as the company already mopped up Rs 244 crore from anchor investors at higher end of price band of Rs 93-94 per share on February 15.

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