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RailTel: Analysts expect shares to list at 16-18% premium over issue price

The IPO by RailTel Corporation had witnessed a robust response from market participants and was subscribed 42 times

Topics
Railtel Corporation of India | IPO | Markets

Saloni Goel  |  New Delhi 

Indian railways, train services
Keshav Lahoti of Angel Broking sees a small premium listing for RailTel of around 15 per cent

Shares of RailTel Corporation of India were commanding a premium of Rs 15-17 per unit in the unlisted market ahead of their debut on exchanges on Friday, February 26, implying gains of 16-18 per cent over the issue price of Rs 94 per share.

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First Published: Thu, February 25 2021. 13:14 IST
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