Rail Vikas Nigam IPO Opens on March 29th 2019


IPO Investment Portal
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:

  • 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
Visit RVNL IPO Detail page for more information.

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