Wednesday, December 23, 2020

                                RailTelrailtel share


RailTel Corporation of India limited was formed in September 2000 (20 years ago) with the objective of creating nationwide broadband, telecom and multimedia network , to modernize train control operation and safety system of Indian Railways. RailTel has provided 192 primary schools in rural areas across 15 states with IT infrastructure and broadband services , each day Railtel moves several steps up by expanding its infrastructure and enlarging its vision. Its main motto is to connect all Railway Stations across the India through optical fiber network. RailTel network passes through around 5000 stations across the country, covering all major commercial centers . Its key people are Puneet Chawla, Chairman and Managing Director. RailTel is located in 143, institutional areas, Sector – 44, Gurgaon, Haryana, India. It is public sector undertaking (PSU) government of India. It employed about 730(2019). 


• E-office
• HD Video 
• Conferencing Services
• Data Center Services 
• Railwire Broadband 
• Leased Line 
• Virtual Private Network 
• Internet Leased Line 
• Consultancy Services 
• Signalling Services 
 • Rack and Space Collocation 
• Tower Collocation 
• NLD for Voice Carriage 
• Aadhaar Based Services 

RailTel Corporation of India files DRHP(draft red herring prospectus) for Rs. 700 crore IPO

 IPO is expected to be launch on December, 2020 as per the objective of the disinvestment of government ‘s stake, the company will not receive any proceeds from the offer. The issue consists an offer for sale of 8,66,53,369 shares. Railtel is a category 1 mini-ratna central public sector enterprises, wholly owned by the government of India under the administrative control of the Ministry of Railways.

railtel ipo


 As on June 30, its optic fiber network covers over 55,000 km 5,677 Railway Stations across town and cities in the country. It has also been selected for implementation of various mission-mode projects for the government including rolling out the National Knowledge Network (NKN), Bharat Net and optical fiber-based connectivity project in north east India. It also undertakes Information and Communication Technology (ICT) projects. During 2018-20 the revenue from operation grew at 7.47 percent compounded annual growth rate (CAGR) and its growth opportunities are unlimited.

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