The ₹819 crore IPO of state-run RailTel Corporation got listed on the exchanges on Friday at ₹109 apiece, nearly 16% higher compared to the IPO issue price of ₹93-94 per share. The RailTel IPO was subscribed 42 times. While the portion of the IPO reserved for retail investors was subscribed 16.78 times, the qualified institutional buyers was subscribed 65.14 times.