NEW DELHI: State-owned telecom infrastructure provider RailTel has filed Draft Red Herring Prospectus (DRHP) with the market regulator Sebi for an initial public offer (IPO<\/a>) of up to 8.66 crore equity shares. 新德里:国有电信基础设施提供者RailTel已提交草案红鲱鱼招股说明书(DRHP)首次公开发行的市场监管机构印度证券交易委员会(首次公开募股)的8.66卢比的股票。
The Rs 700 crore public offer will be a complete offer for sale (OFS) from the government. ICICI Securities, IDBI Capital, SBI Capital Markets<\/a> are appointed as the book running lead managers to the issue.
The operations of the company have been funded entirely by internal accruals since 2013 and it enjoys a debt-free status at present.
RailTel, incorporated in 2000, provides telecom network and infrastructure services, manages data center and hosting services and offers system integration services to government and non-government customers, and aims to modernise the existing telecom system for train control, operations and safety besides creating a nationwide broadband and multimedia network by laying optical fibre cable<\/a> along the railway tracks.
It serves as a key network for the Indian Railways<\/a> and has been executing projects of national importance such as National Knowledge Network<\/a> (NKN<\/a>) and Bharat Net.
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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700卢比的公众提供了将一个完整的从政府提供出售(OFS)。印度工业信贷投资银行证券,IDBI资本,印度国家银行资本市场这本书被任命为运行导致管理者的问题。
公司的业务自2013年以来一直在资助完全由内部收益享有目前无债一身轻的地位。
RailTel,成立于2000年,提供电信网络和基础设施服务,管理数据中心和托管服务和政府和非政府的客户提供系统集成服务,并致力于现代化列车控制现有的电信系统,操作和安全除了创建全国宽带和多媒体网络铺设光纤电缆沿着铁轨。
6月30日,其光纤网络覆盖超过55000公里和5677火车站在城镇和城市。
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NEW DELHI: State-owned telecom infrastructure provider RailTel has filed Draft Red Herring Prospectus (DRHP) with the market regulator Sebi for an initial public offer (IPO<\/a>) of up to 8.66 crore equity shares.
The Rs 700 crore public offer will be a complete offer for sale (OFS) from the government. ICICI Securities, IDBI Capital, SBI Capital Markets<\/a> are appointed as the book running lead managers to the issue.
The operations of the company have been funded entirely by internal accruals since 2013 and it enjoys a debt-free status at present.
RailTel, incorporated in 2000, provides telecom network and infrastructure services, manages data center and hosting services and offers system integration services to government and non-government customers, and aims to modernise the existing telecom system for train control, operations and safety besides creating a nationwide broadband and multimedia network by laying optical fibre cable<\/a> along the railway tracks.
It serves as a key network for the Indian Railways<\/a> and has been executing projects of national importance such as National Knowledge Network<\/a> (NKN<\/a>) and Bharat Net.
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.
<\/p><\/body>","next_sibling":[{"msid":78444724,"title":"Route Mobile acquires intellectual property, associated contracts from TeleDNA","entity_type":"ARTICLE","link":"\/news\/route-mobile-acquires-intellectual-property-associated-contracts-from-teledna\/78444724","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"78444703","title":"IPO-3---istock","entity_type":"IMAGES","seopath":"markets\/ipos\/fpos\/railtel-corporation-files-draft-papers-with-sebi-for-rs-700-crore-ipo\/ipo-3-istock","category_name":"RailTel Corporation files draft papers with Sebi for Rs 700 crore IPO","synopsis":"The Rs 700 crore public offer will be a complete offer for sale (OFS) from the government.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-443662\/78444703.cms?width=150&height=112","link":"\/image\/markets\/ipos\/fpos\/railtel-corporation-files-draft-papers-with-sebi-for-rs-700-crore-ipo\/ipo-3-istock\/78444703"}],"msid":78444841,"entity_type":"ARTICLE","title":"RailTel Corporation files draft papers with Sebi for Rs 700 crore IPO","synopsis":"The operations of the company have been funded entirely by internal accruals since 2013 and it enjoys a debt-free status at present.","titleseo":"telecomnews\/railtel-corporation-files-draft-papers-with-sebi-for-rs-700-crore-ipo","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":703,"shares":0,"engagementtimems":3515000},"Alttitle":{"minfo":""},"artag":"ETMarkets.com","artdate":"2020-10-02 15:35:23","lastupd":"2020-10-02 15:35:46","breadcrumbTags":["RailTel Corporation IPO","NKN","Optical fibre cable","National Knowledge Network","sbi capital markets","ipo","Industry","RailTel Corporation of India","indian railways"],"secinfo":{"seolocation":"telecomnews\/railtel-corporation-files-draft-papers-with-sebi-for-rs-700-crore-ipo"}}" data-news_link="//www.iser-br.com/news/railtel-corporation-files-draft-papers-with-sebi-for-rs-700-crore-ipo/78444841">
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