Rail Vikas IPO Listed at Rs.19 on BSE & NSE

Rail Vikas IPO to list on NSE and BSE on 11th April 2019. The PSU company not able to get the good response as it was looked but still it managed to subscribed in all the categories. The premium was hovering around Rs.1 and then somehow managed to get it stable in penny. Still there is few hope for investors to get the listing in premium but we can expect a flat listing even a negative listing for the same. Lets see how RVNL list on the indices.

RVNL Listing: The RVNL ipo listed at Rs.19 against issue price of Rs.19. A Flat listing but 0.50 paisa gain for the retail investors added as per the discount given in subscription.

Rail Vikas IPO Allotment Here

BSE Code	542649
NSE Code	RVNL
Group	B
ISIN No	INE415G01027
Offer Price	Rs.19
Face Value	Rs.10
Listing Date	11-April-19, Thursday

Rail Vikas IPO Listing Price: Live Quote

Details	BSE Listing	NSE Listing
Listing Price	19.00	19.00
High Price	19.75	19.80
Low Price	18.60	18.65
Close Price	19.05	19.05

Rail Vikas IPO Subscription Numbers (Fully Subscribed)

Category	Day 2	Day 3	Day 4
QIB	0.00	0.03	1.36
HNI	0.03	0.15	0.80
RII	0.49	1.25	2.92
EMP	0.148	0.90	2.11
Total	0.18	0.48	1.82

Rail Vikas IPO Dates & Price Band: 

• IPO Open: 29-March-2019
• IPO Close: 03-April-2019
• IPO Size: Approx Rs.482 Crore 
• Face Value: Rs.10 Per Equity Share
• Price Band: Rs.17 to Rs.19 Per Share
• Listing on: BSE & NSE
• Retail Portion: 35%
• Discount: Rs.0.50 for Retail & Employees
• Equity: 253,457,280 Shares

Rail Vikas IPO Market Lot:

• Shares: Apply for 780 Shares (Minimum Lot Size)
• Amount: Rs.14820 for QIB & HNI
• Amount: Rs.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

 IPO Listing, IPO Listing Dates, Rail Vikas IPO  1 comment