The share allocation in telecom infrastructure provider RailTel Corporation of India’s Rs 819-crore initial public offering (IPO) is expected to finalise on Tuesday, according to media reports. The IPO was open between February 16 and February 18 and was subscribed more than 42 times.

At 16.78 times the quota limit, RailTel IPO saw the highest-ever retail participation among the six IPOs from the Railways that have hit the market so far. Investors can check the status of their application on the website of KFin Technologies, the registrar of RailTel IPO, or BSE. 

Here’s how you can check your RailTel IPO share allotment status on KFin Technologies in four easy steps:

1. Visit the website kfintech.com

2. Select IPO of RailTel Corporation of India

3. While selecting your application number, choose NON-ASBA or ASBA and enter the application number. In the case of DPID/Client ID, select NSDL/CDSL, and enter DPID and Client ID. In the case of PAN, enter your PAN number.

4. Enter Captcha and click on the ‘Submit’ button to know the RailTel IPO share allocation status.

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Similarly, on the BSE website, you can select Issue Type (Equity) and Issue Name (RailTel Corporation of India), insert Application Number and PAN Number, and click on the ‘Search’ button to know the IPO allotment status.

The shares will be credited to the Demat accounts of eligible investors around Thursday, as per the schedule available in the prospectus. RailTel shares will start trading on stock markets from February 26.