Rail
Vikas
Nigam
IPO to
hit
the
market
on
29
March
2019
and
closes
on
03
April
2019.
This
is
one
of
the
PSU
which
is
profit
making
and
the
company
might
get
good
listing
gain.
There
might
be
spike
in
gmp
if
all
looks
good
and
we
can
expect
a
good
numbers
in
subscription
in
all
categories.
Lets
see
how
investors
will
up
to.
Check Rail
Vikas
ipo
gmp by
day
to
day.
Rail Vikas Nigam IPO Subscription Numbers (Fully Subscribed)
| Category | Day 2 | Day 3 | Day 4 |
| QIB | 0.00 | 0.03 | 1.36 |
| HNI | 0.03 | 0.15 | 0.80 |
| RII | 0.49 | 1.25 | 2.92 |
| EMP | 0.148 | 0.90 | 2.11 |
| Total | 0.18 | 0.48 | 1.82 |
Rail Vikas IPO Dates & Price Band:
- IPO Open: 29-March-2019
- IPO Close: 03-April-2019
- IPO Size: Approx Rs.482 Crore
- Face Value: Rs.10 Per Equity Share
- Price Band: Rs.17 to Rs.19 Per Share
- Listing on: BSE & NSE
- Retail Portion: 35%
- Discount: Rs.0.50 for Retail & Employees
- Equity: 253,457,280 Shares
Rail Vikas IPO Market Lot:
- Shares: Apply for 780 Shares (Minimum Lot Size)
- Amount: Rs.14820 for QIB & HNI
- Amount: Rs.14430 for Retail & Employees
Rail Vikas IPO Allotment & Listing:
- Basis of Allotment: 08-April-2019
- Refunds: 09-April-2019
- Credit to demat accounts: 09-April-2019
- Listing: 11-April-2019
