NEW DELHI: As part of the government’s disinvestment programme, public sector player RailTel is lining up a Rs 700-crore initial public offer (IPO<\/a>) early next year, valuing the company at around Rs 3,000 crore. 作为政府的减持计划的一部分,公共部门的球员RailTel排队是一个价值700卢比的首次公开发行(IPO)明年初,公司市值约3000卢比。 新德里:作为政府的减持计划的一部分,公共部门的球员RailTel排队是一个价值700卢比的首次公开发行(首次公开募股明年初,公司市值约3000卢比。
The IPO<\/a> has been in the works for over a year but the building blocks are still being put in place, with the required number of independent directors still not on board, given the government slow appointment process.
While RailTel CMD Puneet Chawla refused to comment on the IPO size, he told TOI that the Covid-related restrictions had helped boost the company’s business, with the prospects looking up in the coming months. The miniratna PSU is one of the largest neutral telecom infrastructure providers in the country, owning an optical fibre network<\/a> on exclusive Right of Way (RoW) along the railway tracks. It also provides broadband telecom and multimedia networks across the country.
Chawla said Railwire<\/a>, which is a broadband service<\/a>, has grown by around two-and-ahalf times in the last eight-nine months. “We will continue to grow exponentially. Similarly, we have dedicated leased line service which has been provided to various institutions, including 722 universities and colleges. Now this service will have to be provided to other institutions as they require this. We see tremendous demand and we will be upgrading our network capacity,” the RailTel chief said.
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明年年初RailTel IPO计划700卢比
的首次公开募股已经工作一年多了,但构建块仍在,与所需数量的独立董事仍然没有,考虑到政府任命过程缓慢。
虽然RailTel CMD医学院毕业拉拒绝评论此次IPO的规模,他告诉本报,Covid-related帮助提高公司的业务限制,查找在未来数月的前景。miniratna事业单位是最大的中立的电信基础设施提供商之一,拥有一个光纤网络专有权利的方式沿着铁轨(行)。它还提供了全国宽带电信和多媒体网络。
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NEW DELHI: As part of the government’s disinvestment programme, public sector player RailTel is lining up a Rs 700-crore initial public offer (IPO<\/a>) early next year, valuing the company at around Rs 3,000 crore.
The IPO<\/a> has been in the works for over a year but the building blocks are still being put in place, with the required number of independent directors still not on board, given the government slow appointment process.
While RailTel CMD Puneet Chawla refused to comment on the IPO size, he told TOI that the Covid-related restrictions had helped boost the company’s business, with the prospects looking up in the coming months. The miniratna PSU is one of the largest neutral telecom infrastructure providers in the country, owning an optical fibre network<\/a> on exclusive Right of Way (RoW) along the railway tracks. It also provides broadband telecom and multimedia networks across the country.
Chawla said Railwire<\/a>, which is a broadband service<\/a>, has grown by around two-and-ahalf times in the last eight-nine months. “We will continue to grow exponentially. Similarly, we have dedicated leased line service which has been provided to various institutions, including 722 universities and colleges. Now this service will have to be provided to other institutions as they require this. We see tremendous demand and we will be upgrading our network capacity,” the RailTel chief said.
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