Initial public offer of Rail Vikas Nigam Limited (RVNL), a Ministry of Railways promoted company opens on March 29th.
RVNL is a project executing agency engaged in the business of mobilization of financial resources, rail project development; enhance golden quadrilateral and port connectivity by implementing rail projects and raise extra-budgetary resources for Indian Railway project execution.
RVNL Public Issue Detail:
RVNL is a project executing agency engaged in the business of mobilization of financial resources, rail project development; enhance golden quadrilateral and port connectivity by implementing rail projects and raise extra-budgetary resources for Indian Railway project execution.
RVNL Public Issue Detail:
- Issue Open: Mar 29, 2019 - Apr 3, 2019
- Issue Type: Book Built Issue IPO
- Issue Size: 253,457,280 Eq Shares of Rs 10 (aggregating up to Rs 481.57 Cr)
- Face Value: Rs 10 Per Equity Share
- Issue Price: Rs 17 - Rs 19 Per Equity Share
- Retail Discount: ₹0.50
- Employee Discount: ₹0.50
- Market Lot: 780 Shares
- Min Order Quantity: 780 Shares
- Listing At: BSE, NSE