Rail Vikas Nigam Limited
29 Mar 2019 – 03 Apr 2019
LISTED
Offer Price
₹17–19
Bid lot
780
Min Application
₹14,820
Issue Size
₹482 Cr
Key dates
Open date
29 Mar 2019
Done
Close date
03 Apr 2019
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
11 Apr 2019
Today
Issue reservation
₹482 CrQIB 50%Retail 35%5%
QIB
12.68 Cr sh · ₹241.00 Cr
Retail
8.88 Cr sh · ₹168.70 Cr
Employee
1.27 Cr sh · ₹24.10 Cr
BRLM: YES Securities (India) Limited · Elara Capital (India) Private Limited · IDBI Capital Markets & Securities Limited
Lot ladder — how much to bid
1 lot = 780 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
780 sh · ₹14,820
Max · 13 lots
10,140 sh · ₹1,92,660
S-HNI · ₹2 L to ₹10 L14–67 lots
Min · 14 lots
10,920 sh · ₹2,07,480
Max · 67 lots
52,260 sh · ₹9,92,940
B-HNI · Above ₹10 L68+ lots
Min · 68 lots
53,040 sh · ₹10,07,760
Entry point
₹10,07,760 onward
Issue details
Lead managersYES Securities (India) Limited, Elara Capital (India) Private Limited, IDBI Capital Markets & Securities Limited
Face value₹10
Listing onNSE
RegistrarAlankit Assignments Limited
Live subscription
2.01×
0×1×2×3×+
Oversubscribed
Book₹433.80 Cr
Subscribed₹873.14 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 12,68,42,106₹241.00 Cr | 17,25,05,263₹327.76 Cr | 1.36× |
| HNI | 3,80,52,632₹72.30 Cr | 3,04,42,105₹57.84 Cr | 0.80× |
| Retail | 8,87,89,474₹168.70 Cr | 26,01,53,158₹494.29 Cr | 2.93× |
| Employee | 1,26,84,211₹24.10 Cr | 2,68,90,526₹51.09 Cr | 2.12× |
| Total | 22,83,15,791₹433.80 Cr | 45,95,48,947₹873.14 Cr | 2.01× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 327.76 |
| HNI | 57.84 |
| Retail | 494.29 |
| Employee | 51.09 |
| Total | 873.14 |
Amounts at the upper band (₹19). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Rail Vikas Nigam Limited IPO?
One lot of 780 shares — ₹14,820 at the upper price band of ₹19.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2019-04-11 on NSE.