SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

RailTel Corporation gets SEBI’s nod to float IPO

10 Nov 2020 Evaluate

RailTel Corporation of India has received markets regulator Securities and Exchange Board of India’s (SEBI) approval to raise Rs 700 crore through an initial public offering (IPO). The IPO is entirely an offer-for-sale through which the government will offload 8.66 crore equity shares.

The company, which filed the draft red herring prospectus with the SEBI in October, got the regulator’s approval on November 6, 2020. ICICI Securities, IDBI Capital, SBI Capital Markets are merchant bankers to the issue.

RailTel Corporation a ‘Mini Ratna (Category-I)’ PSU is one of the largest neutral telecom infrastructure providers in the country owning a Pan-India optic fiber network on exclusive Right of Way (ROW) along Railway track. The company provides broadband telecom and multimedia network across the country.

Railtel Corp. India Share Price

337.95 0.00 (0.00%)
17-Apr-2026 11:05 View Price Chart
Peers
Company Name CMP
Bharti Airtel 1833.65
Vodafone Idea 9.63
Indus Towers 411.35
Tata Communications 1565.20
Bharti Hexacom Ltd. 1529.30
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×