RailTel IPO Allotment Status: All possible ways to check about RailTel share allocation online

RailTel IPO Allotment Status: The RailTel IPO allotment date for finalisation of the RailTel share allotment is 23rd February 2021 i.e today. The Initial Public Offer (IPO) of 6.11 crore shares of the Indian Railways' PSU has been subscribed 42.39 times that means stock market investors have high expectations from the Indian Railways PSU' public issue. The RailTel IPO price band has been fixed at Rs 93094 and stock market experts are expecting whopping listing gains of Rs 30-35 per RailTel share as well.

As per the National Stock Exchange (NSE) data, the RailTel received bids of over 259.42 crore (2,59,42,43,370) shares against the total issue size of over 6.11 crore (6,11,95,923) shares. The NSE data further reveals that the qualified institutional buyers (QIBs) category was subscribed 65.14 times, non institutional investors 73.25 times and retail individual investors (RIIs) 16.78 times.

As RailTel company is going to finalise RailTel IPO allotment today, all of those who bid for the RailTel IPO would be interested to know whether they have been allotted RailTel IPO shares or not. For such, RailTel IPO bidders, there are two ways to check their RailTel IPO allotment status — check at the website of the registrar of the IPO KFin Technologies and BSE India website.

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RailTel IPO allotment status check at KFin Tech website

Those who bid for the RailTel IPO can check RailTel IPO allotment status at the registrar of the RailTel IPO KFin Technologies. After logging in at the KFin Tech website, one needs to follow some simple steps that are as follows:

1] Log in at KFin Technologies website home page or at direct link ris.kfintech.com/ipostatus/ipos.aspx;

2] Select “RailTel Corporation of India Limited” in the drop-down menu in drop down menu after logging in at the direct link;

3] Enter your RailTel IPO application number or DPID/Client ID or PAN;

4] Enter CAPTCHA Code and click at 'Submit' button; and

5] Your RailTel IPO allotment status will get displayed on your computer monitor.

RailTel IPO allotment status check at BSE website

One can check RailTel IPO allotment status at the official BSE website — bseindia.com too. Here is the step by step guide:

1] Log in at the direct BSE link bseindia.com/investors/appli_check.aspx;

2] Select Equity in Issue Type;

3] Select “RailTel Corporation of India Limited” from the drop-down list in the Issue Name section;

4] Enter your RailTel IPO application number or DPID/Client ID or PAN; and

5] Click at 'Search' button and your RailTel IPO allotment status will get displayed on your computer monitor.