Tuesday, March 26, 2019

Rail Vikas IPO Dates, RVNL IPO Review, Price Band, Market Lot Details

Rail Vikas ipo to hit the on 29 March and close on 3 April 2019. The company Rail Vikas Nigam Limited (RVNL) incorporated in 2003 by Ministry of Railways India. The company is promoted by The President Of India. Its a a Miniratna (Category – I) Schedule ‘A’ Central Public Sector Enterprise wholly owned by Government. RVNL is carrying out planning, development, resource mobilization & execution of railway related projects assigned by the Ministry of Railways (MoR). The company has been doing very good profit and increasing YOY. RVNL posted 7555 crore of turnover in 2017-18 which is 27.62% increased compare to 2016-17 while PAT 445 crore in 2017-18 and paid 167 crore dividend as well. Rail Vikas ipo will give discount for the Retail and Employee investors as well.

Rail Vikas IPO Review:
  • Apply with Long Term View
Rail Vikas Brokerage Firm Reviews:
  • Canara Bank Securities: Subscribe for Long Term
  • Centrum Wealth Research: Subscribe for Long Term
  • Reliance Securities: Subscribe
  • NVS Wealth Managers: Subscribe
  • Angel Broking: Subscribe
  • ICICI Direct: Subscribe
Rail Vikas IPO Dates & Price Band: (Tentative)
  • IPO Open: 29-March-2019
  • IPO Close: 03-April-2019
  • IPO Size: Approx ₹482 Crore (Approx)
  • Face Value: Rs.10 Per Equity Share
  • Price Band: ₹17 to ₹19 Per Share
  • Listing on: BSE & NSE
  • Retail Portion: 35%
  • Discount: ₹0.50 for Retail & Employees
  • Equity: 253,457,280 Shares
Rail Vikas IPO Market Lot:
  • Shares: Apply for 780 Shares (Minimum Lot Size)
  • Amount: ₹14820 for QIB & HNI
  • Amount: ₹14430 for Retail & Employees
Rail Vikas IPO Allotment & Listing:
  • Basis of Allotment: 08-April-2019
  • Refunds: 09-April-2019
  • Credit to demat accounts: 09-April-2019
  • Listing: 11-April-2019
Read Also
IPO Grey Market Premium
IPO Subscription Numbers
IPO Listing Date

Rail Vikas Financial:
  Rs. in Crore
Revenue Expense PAT
2015 3270 3021 337
2016 4720 4350 429
2017 6163 5674 443
2018 7822 7258 569
2019 (H1) 3770 3485 254
Company Promoters:
  • The President Of India
Quick Links:
DRHP Draft Prospectus
RHP Draft Prospectus

Rail Vikas 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: rvnigr@alankit.com
Website: www.alankit.com
Note: Check Rail Vikas ipo allotment status on Alankit website allotment url. Click Here

Rail Vikas IPO Lead Managers:
  • Elara Capital (India) Private Limited
  • IDBI Capital Market Services Limited
  • YES Bank Limited
Company Address:
Rail Vikas Nigam Limited
1st floor, August Kranti Bhawan
Bhikaji Cama Place, R. K. Puram
New Delhi 110 066
Phone: +91 11 2673 8299
Email: investors@rvnl.org
Website: www.rvnl.org

Note: The ipo price band and dates will be added as it will be officially announced. The ipo grey market premium (ipo gmp) will be added on the grey market page as it will start)