How UPI is Necessary in IPO?

Now that we have learned the process of how to apply IPO through UPI, it is equally important to know in which IPO you should invest your money. You should keep an eye for IPO Grey Market Premium of an IPO which could give you an idea of how much you can earn on a listing day, also known as listing gains. However, the main aim should be of doing a thorough research of the company and then applying for an IPO.

It is one of the best ways to apply for an IPO as it is a whole automated process and saves you the trip of going to the bank and submitting a form which will, in turn, save you a lot of time.

UPI is Unified Interface Payment which is built over the traditional IMPS transfer platform that aims to achieve the quickest way to transfer money from one bank account to the other. However, there are many uses of UPI and has made applying IPO through UPI even much easier. The application creates a mandate and till the allotment of share, the amount is blocked and according to the allotment status, the money will be credited or debited from the bank account. Let’s get started with the process to apply IPO through UPI.

IPO is an Initial Public Offering of the shares of a Company or Organization before it is listed on the Stock Market. Previously in order to apply for an IPO of a company a person had to fill a form and submit it to the bank and then accordingly the shares were allotted. This process is still valid now but in this digital era, the process has become quite simple and now you can apply IPO through UPI, which is widely used in India.

IPO Guru is one one the main websites that you should keep in mind to get thorough research and analysis about the IPO

RailTel Corporation is a PSU that is one of the largest Neural Telecom Infrastructure providers in the country. The company was incorporated in September 2000 with the mission of modernizing the existing telecom system for train control, operation and safety and to generate additional revenues by creating nationwide broadband and multimedia network, laying optical fibre cable using the right of way along railway tracks. Currently, the company covers over 58,742 KMs and 5,848 railway stations across India in some town and cities.

RailTel has its own Data Centres at Secundrabad and Gurugram. Our Comprehensive Data centre solutions including transformation and systems management, hosting and co-location services and building a secure and energy-efficient infrastructure environment.

RailTel IPO will start on Date 16 February 2021 and will close on 18 February 2021 with an IPO Size of Rs. 819 crores and a price band of?93-?94 Per Share. The long wait for the Railtel IPO is over as it is set to enter the Indian Market with its listing on NSE and BSE.

RailWire is the retail broadband initiative of the – RailTel, aimed at extending broadband and application services to the public including remote areas (in association with Local Cable Operators and other access network providers, by utilizing their last-mile connectivity).

Enterprises use Leased Lines to interconnect their important nodal centres such as primary data centre, back up site, call centre and regional hubs. Hence circuit uptime and scalability-on-demand become most important.

Now fill this IPO with UPI

Working at Ipo Guru