Rail Vikas Nigam Limited

Offer PeriodMar 29, 2019 – Apr 03, 2019

MainBoardListed

Listed Price

₹19.00

+0.00%

Price Band₹17 - ₹19

Lot Size780 Shares

Allotment DateApr 09, 2019

Listing DateApr 11, 2019

Subscription-

Issue Size₹481.57 Cr

Check Allotment

Share IPO Trend

IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹0
(0.00%)

Premium (ELP)

Rail Vikas Nigam Limited's successfully completed its Initial Public Offering and commenced trading on Apr 11, 2019 at the NSE, BSE exchange. The company raised 25,34,57,280 Shares through this public offering, comprising TBD in fresh capital.

The IPO was priced within the band of ₹17 to ₹19, with minimum application lots of 780 shares. The offering attracted significant investor interest during its subscription period from Mar 29, 2019 to Apr 03, 2019.

Share allotment was finalized on Apr 09, 2019, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.

Rail Vikas IPO Details

IPO Date

Mar 29, 2019 to Apr 03, 2019

Allotment Date

Apr 09, 2019

List Date

Apr 11, 2019

Lot Size

780 share

Issue Price

₹17 - ₹19

Issue Size

25,34,57,280 (aggregating up to 481.57 Cr)

Fresh Issue

Offer For Sale

Listing At

NSE, BSE

Share Holding Pre-Issue

2,08,50,20,100

Share Holding Post-Issue

2,08,50,20,100

Market Marker Portion

Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

Category	Lot(s)	Qty	Amount

Category	Lot(s)	Qty	Amount
Retail (Min)	1	780	14,820
sHNI	14	10920	2,07,480
bHNI	68	53040	10,07,760

IPO Reservation

Shares25,34,57,280

QIB

49.87%(12,64,00,000)

HNI

14.96%(3,79,20,000)

RETAIL

34.91%(8,84,80,000)

Employee

0.26%(6,57,280)

Total

100.00%(25,34,57,280)

Rail Vikas IPO Key Performance Indicators

KPI

KPI
No data

Company Financials (in Lakhs)

Period Ended	Sep-18	Mar-18	Mar-17	Mar-16	Mar-15

Period Ended	Sep-18	Mar-18	Mar-17	Mar-16	Mar-15
Assets	87,324.10	85,685.46	88,595.72	222,156.75	161,353.72
Revenue	36,228.82	75,973.58	59,151.06	45,398.54	31,465.35
Net Worth	0	0	0	0	0
profit After Tax	2,536.20	5,699.20	4,434.62	4,294.34	3,368.49
Reserves And Surpluse	0	0	0	0	0
Total Borrowing	0	0	0	0	0

Rail Vikas IPO About Company

Rail Vikas Nigam Limited (RVNL), incorporated in 2003 by the Ministry of Railways, works as a project execution agency responsible for developing and upgrading India’s railway infrastructure, with a strong focus on network expansion, port connectivity, and modernization of key routes like the golden quadrilateral; the company handles diverse railway projects such as new line construction, track doubling, electrification, gauge conversion, metro rail systems, major bridges, workshops, and institutional buildings, and earns a fixed management fee from the Ministry of Railways based on project type, while Indian Railways remains its main client along with other government bodies, supported by a large project portfolio and consistent profitability over the years.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

✅Rail Vikas IPO Strength Factors

Maintains a consistent financial performance
Handles various types of projects
Authorized by the Ministry of Railways (MoR)
Follows a standardized process for operations
Backed by a well-trained team and workforce

⚠️Rail Vikas IPO Risk Factors

🏦Rail Vikas IPO Lead Manager(s)

Yes Securities (India) LimitedElara Capital (India) Private LimitedIDBI Capital Market Services Limited

👤Rail Vikas IPO Promoter(s)

The President of India acting through the Ministry of Railways

🏢Rail Vikas IPO Company Details

Rail Vikas Nigam Limited

Email:investors@rvnl.org

Phone:+91 11 2673 8299

Website:https://www.rvnl.org/

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

📋Rail Vikas IPO Registrar

Alankit Assignments Limited

Name:Alankit Assignments Limited

Phone:(011) 4254 1234

Email:rvnl_ipo@alankit.com

Website:http://ipo.alankit.com/

❓Rail Vikas IPO FAQs

Rail Vikas IPO is a main-board IPO of 0 equity shares of the face value of ₹10 per share aggregating up to ₹0.00 crore shares. The issue is priced at ₹17 - ₹19 per share. The minimum order quantity is .The IPO opens on Mar 29, 2019, and closes on Apr 03, 2019. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE, BSE.

Zerodha customers can apply online in Rail Vikas IPO using UPI as a payment gateway. Zerodha customers can apply in Rail Vikas IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Rail Vikas IPO through Zerodha (1) Visit the Zerodha website and login to Console. (2) Go to Portfolio and click the IPOs link. (3) Go to the 'Rail Vikas IPO' row and click the 'Bid' button. (4) Enter your UPI ID, Quantity, and Price. (5) Submit IPO application form. (6) Visit the UPI App (net banking or BHIM) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.

The Rail Vikas IPO opens on Mar 29, 2019 and closes on Apr 03, 2019.

You can apply in Rail Vikas IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Rail Vikas IPO will be done on Apr 09, 2019, and the allotted shares will be credited to your demat account by Apr 09, 2019

Rail Vikas IPO's listing date is Apr 11, 2019.

Rail Vikas Nigam Limited

IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹0(0.00%)

Premium (ELP)

₹0
(0.00%)