RailTel IPO Dates, Review, Price, IPO Allotment Details & Market Lot

RailTel IPO to hit the market on 16 February and closes on 18 February 2021. RailTel Corporation is a "Mini Ratna (Category-I)" PSU company and provide ationwide Broadband Telecom & Multimedia Network in all parts of the country in addition to modernization of Train operations and administration network systems. They are one of the largest neutral telecom infrastructure providers in the country. The network covers all important towns & cities of the country and several rural areas covering 70% of India's population. Currently RailTel Corporation has created over 45000 RKMs of fiber network connecting over 4500 cities/towns on the network including many rural areas. They offers servies which includes Managed lease lines, Tower colocation, MPLS based IP-VPN, Internet and NGN based voice carriage services to Telecom Operators, Internet Service Providers, MSOs, Enterprises, Banks, Govt. Institutions/dept., Educational Institutions/Universities, etc. RailTel is aggressively entering into Enterprise services market with launch of its various services like Data Center, Railwire, Telepresence, etc. As on June 30, its optic fibre network covers over 55,000 km and 5,677 railway stations across towns and cities in the country. 

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RailTel IPO Dates & Price Band:

IPO Open:	16 February 2021
IPO Close:	18 February 2021
IPO Size:	Approx Rs.819 Crore
Face Value:	Rs.10 Per Equity Share
Price Band:	Rs.93 to Rs.94 Per Share
Listing on:	BSE & NSE
Retail Portion:	35%
Minimum Bid(lot size)	150 Shares

RailTel IPO Market Lot:

Minimum Lot Size:	Minimum 155 Shares
Minimum Amount:	Rs.14570
Maximum Lot Size:	Maximum 2015 Shares
Maximum Amount:	Rs.189410

RailTel IPO Allotment & Listing:

Basis of Allotment:	23 February 2021
Refunds:	24 February 2021
Credit to Demat Account:	25 February 2021
Listing Date:	26 February 2021

RailTel Company Financial:

Rs. in Crore
	Revenue	Expense	PAT
2016	-	-	-
2017	-	-	-
2018	1021	835	134
2019	1038	821	135
2020	1166	932	141

Company Promoters:

• The President of India, acting through The Ministry Of Railways, Government Of India

RailTel IPO Registrar:

KFintech Private Limited
Selenium Building, Tower-B, Plot No 31 & 32,
Financial District,Nanakramguda, Serilingampally,
Rangareddi, Telangana India - 500 032.
Phone: 1-800-3454001
Email: einward.ris@kfintech.com
Website: https://karisma.kfintech.com/
Note: Check RailTel IPO allotment status on KFintech website allotment URL. Click Here

RailTel  IPO Lead Managers:

• ICICI Securities Limited
• IDBI Capital Market Services Limited
  
• SBI Capital Markets Limited
  

Company Address:

RailTel Corporation of India Limited
Plate - A, 6th Floor, Office Block, Tower-2
East Kidwai Nagar, South Delhi
New Delhi 110023, India
Phone: +91 11 2290 0600
Email: cs@railtelindia.com
Website: http://www.railtelindia.com/

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Nureca IPO Dates, Review, Price, IPO Allotment Details & Market Lot

Nureca IPO to hit the market on 15 February and closes on 17 February 2021. Nureca Limited incorporated in 2016 based in Mumbai. They are distributor of health and wellness products. The company's aim to deliver the high quality products to improve the lifestyle of customers. The product portfolio includes Chronic Device Products, Orthopedic products, Mother and Child products, Nutrition Supplements, and Lifestyle products. They are also selling their product via their online portal drtrust.in. They are selling their products via online partner websites like e-commerce players, retailers and distributors. The employee discount is Rs.20 in the employee application. The IPO might get lack of response due to its T Group listing category. As per the rules the circuit limit will be 5% in T2T group. 

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Nureca IPO Date & Price Band

IPO Open:	15 February 2021
IPO Close:	17 February 2021
IPO Size:	Approx Rs.100 Crore (Approx)
Face Value:	Rs.10 Per Equity Share
Price Band:	Rs.396 to Rs.400 Per Share
Listing on:	BSE & NSE
Retail Portion:	10%
Equity:	- Shares
Discount:	Rs.20 for Employees

Nureca IPO Market Lot

Minimum Lot Size:	Minimum 35 Shares
Minimum Amount:	Rs.14000
Maximum Lot Size:	Maximum 490 Shares
Maximum Amount:	Rs.196000

Nureca IPO Allotment & Listing

Basis of Allotment:	23 February 2021
Refunds:	24 February 2021
Credit to Demat Account:	25 February 2021
Listing Date:	26 February 2021

Nureca Company Financial Report

Rs. in Crore
	Revenue	Expense	Net Income
2017	-	-	-
2018	20.1	15.7	3.1
2019	62.0	53.1	6.2
2020	99.5	90.9	6.4
2021 - H1	123.0	74.3	36.2

Company Promoters

• Saurabh Goyal

About Nureca

We are a company engaged in the business of home healthcare and wellness products, which offers quality, durability, functionality, usability and innovative designs. We enable our customers with tools to help them monitor chronic ailments and other diseases, to improve their lifestyle. We believe in innovation and catering new products to the ever-growing needs of the home health care sector. We are a digital first company wherein we sell our products through online channel partners such as e-commerce players, distributors and retailers.

Nureca IPO Registrar

Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Phone: +91-22-4918 6270
Email: nureca.ipo@linkintime.co.in
Website: http://www.linkintime.co.in
Note: Check Nureca IPO allotment status on Linkintime website allotment URL. Click Here

Nureca IPO Lead Managers

• ITI Capital Ltd

Company Address

Nureca Limited
128 Gala Number Udyog Bhavan
1st Floor Sonawala Lane,
Goregaon (East), Mumbai
Phone: +91-22-49616173
Email: cs@nureca.com
Website: http://www.nureca.com/

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