RailTel IPO just the start, 15 more big IPOs lined up for this year

NEW DELHI: The much hyped Initial Public Offering (IPO) of RailTel Corporation of India is now closed for retail subscriptions as on February 18. And as per the NSE, the IPO allotment will be done on February 23 while shares will be credited to the demat accounts on February 24.

RailTel shares on NSE and BSE will be listed on February 26. While many may have missed the opportunity to participate, the Indian capital markets are likely to play host to several more this year. At least a dozen major IPOs are reportedly lined up for this year, including that of Kerala-based Kalyan Jewellers, Bajaj Energy, Flipkart, Paytm, Ola, and fashion startup Nykaa.