RailTel Corp shares list at a premium, up over 20%

Shares of RailTel listed at a premium on exchanges today. At 10:27 am, shares were up 20% at 115 as compared to issue price of 94. The IPO of RailTel was subscribed over 42 times and it had a price range of 93-94 per share. The 819 crore IPO of RailTel was open between February 16 and February 18. The government sold 27.16% stake in this issue.



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