Category Archives: Rail Vikas Nigam Grey Market Premium

Rail Vikas Nigam IPO : Date, Price, Allotment Status, Listing, Grey Market Premium

Government of India (GOI) owned enterprise, Rail Vikas Nigam is soon going to come out with its initial public offering (IPO) tentatively in July – August.

Rail Vikas Nigam IPO Detail : Important Dates, Offer Price, Grey Market Premium, Allotment Status, Listing, Registrar, Prospectus of Rail Vikas Nigam IPO

I am sure investors would be searching for all details about Rail Vikas Nigam IPO which will help them to decide whether to invest or not in this IPO.

Rail Vikas Nigam Company Profile :

Rail Vikas Nigam Limted (RVNL) is a wholly owned government company, a Miniratna (Category – I) Schedule ‘A’ Central Public Sector Enterprise, incorporated by the Ministry of Railways (“MoR”) under the Companies Act, 1956 on January 24, 2003, as a project executing agency working for and on behalf of MoR.

Rail Vikas Nigam Limited was incorporated with an objective to undertake rail project development, mobilization of financial resources and implementation of rail projects pertaining to strengthening of golden quadrilateral and port connectivity and raising of extra- budgetary resources for project execution.

Rail Vikas Nigam Promoters:

The Promoter of the company is the President of India acting through the MoR. The Promoter currently holds, directly and indirectly (through his nominees), 100% of the pre-Offer paid-up Equity Share capital of the Company.

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Rail Vikas Nigam IPO IPO Detail :

Issue Open: Yet to be announced.
Issue Type: Book Built Issue IPO
Issue Size: 208,502,010 Equity Shares of Rs 10
Face Value: Rs 10 Per Equity Share
Issue Price: Yet to be announced.
Market Lot: Yet to be announced.
Minimum Order Quantity: Yet to be announced.
Listing At: BSE, NSE

Important Dates of Rail Vikas Nigam IPO :

Bid/Offer Opens On: Yet to be announced.
Bid/Offer Closes On: Yet to be announced.
Finalisation of Basis of Allotment: Yet to be announced.
Initiation of refunds: Yet to be announced.
Credit of Equity Shares to demat accounts: Yet to be announced.
Commencement of trading of the Equity Shares on the Stock Exchanges: Yet to be announced.

IPO Issue Allocation :

    • Qualified institutional buyers (QIBs) – 50% of the offer.
    • Non-institutional bidders – 15% of the offer.
    • Retail individual bidders – 35% of the offer.

Rail Vikas Nigam (RVNL) IPO Subscription Details :

Category Shares offered Subscription (no. of times)
Day 1 Day 2 Day 3
QIB
NII
Retail
Employees
Total

Download Red Herring Prospectus of Rail Vikas Nigam IPO :

To Download Red Herring Prospectus of Rail Vikas Nigam IPO Click Here

Grey Market Premium (GMP) of Rail Vikas Nigam :

Currently the Grey Market Premium of Rail Vikas Nigam is not available. Visit again for the Grey Market Premium of Rail Vikas Nigam once the issue price gets decided.

Company Contact Information :

Rail Vikas Nigam Limited,
1st floor, August Kranti Bhawan,
Bhikaji Cama Place, R. K. Puram,
New Delhi 110 066
Website: rvnl.org

Rail Vikas Nigam IPO Registrar :

Alankit Assignments Limited
205-208, Anarkali Complex,
Jhandewalan Extension
New Delhi – 110 055

Phone: +91 11 4254 1234
Fax: +91 11 4154 3474
Email: ipo@alankit.com
Website: www.alankit.com

Rail Vikas Nigam IPO Lead Manager(s) :

1. Elara Capital (India) Pvt Ltd
2. IDBI Capital Markets & Securities Ltd
3. Yes Securities (India) Ltd

Rail Vikas Nigam IPO Allotment Status :

You would be able to check the allotment status i.e., whether you have got the shares of Rail Vikas Nigam or not by vising the website of Registrar of the Issue which in this case is Alankit.

Check Rail Vikas Nigam IPO Allotment Status @ Check Rail Vikas Nigam IPO Allotment Online