Rail Vikas Nigam IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 481.57 Cr. The company is based in New Delhi and caters to Railway sector. Idbi Capital Market Services , Elara Capital (India) , Yes Bank are the merchant bankers of Rail Vikas Nigam IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 28th March 2019.
Rail Vikas Nigam IPO open date is 29th March 2019 and close date is 3rd April 2019. IPO Allotment Date is 8th April 2019 and Listing date is 11th April 2019.Rail Vikas Nigam IPO size is ₹ 481.57 Cr. with IPO price of ₹ 19.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Idbi Capital Market Services Limited is the book-running lead manager of the Rail Vikas Nigam IPO. Alankit Assignments Limited is the Registrar for Rail Vikas Nigam IPO.
Rail Vikas Nigam IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Rail Vikas Nigam IPO, based in New Delhi, operates in the Railway sector with a focus on Rail project developement. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Rail Vikas Nigam IPO size is ₹ 481.57 Cr. with fresh issue size of ₹ 482 and Offer for sale being ₹ Nil
The IPO allotment date for Rail Vikas Nigam IPO is expected to be 8th April 2019, after the finalization of basis of allotment. Investors can check Rail Vikas Nigam IPO allotment status on the registrars website, Alankit Assignments Limited . Rail Vikas Nigam IPO refund dates are 9th April 2019.
Rail Vikas Nigam IPO is expected to be listed on 11th April 2019.
The upper price band for the Rail Vikas Nigam IPO is set at ₹ 19.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Rail Vikas Nigam IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Rail Vikas Nigam IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 3rd April 2019. After submission, funds are blocked until the basis of allotment of Rail Vikas Nigam IPO is finalised.
The merchant banker for Rail Vikas Nigam IPO is Idbi Capital Market Services Limited , Elara Capital (India) Private Limited , Yes Bank Limited . Idbi Capital Market Services Limited , Elara Capital (India) Private Limited , Yes Bank Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Rail Vikas Nigam IPO RHP for further details.
The registrar for Rail Vikas Nigam IPO is Alankit Assignments Limited . Investors can go to Alankit Assignments Limited registrar website for IPO allotment status, refund processing, and other queries related to Rail Vikas Nigam IPO through their official website or helpline.
Rail Vikas Nigam IPO was subscribed 1.82 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Rail Vikas Nigam IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Rail Vikas Nigam Financial Review Page
Merchant Banker(s) of Rail Vikas Nigam IPO: Idbi Capital Market Services Limited , Elara Capital (India) Private Limited , Yes Bank Limited
Rail Vikas Nigam IPO subscription was 1.82 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Rail Vikas Nigam IPO listed at a listing price of 19.05 against the offer price of 19.00.
The current market price of Rail Vikas Nigam is 376.00.
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