JKB Financial Services Ltd.

NSE
BSE

GET IN TOUCH

GET IN TOUCH

< /label>

Refresh Captcha

Rail Vikas Nigam Ltd
Registered Office: 1st floor August Kranti Bhawan, Bhikaji Cama Place, New Delhi - 110066, New Delhi
Phone: 91-011-26738299
Email: investors@rvnl.org
Website: www.rvnl.org
Initial public offering of 253,457,280 equity shares of face value of Rs.10 each (equity shares) of Rail Vikas Nigam Limited (the company or the issuer) through an offer for sale by the President of India, acting through the Ministry of Railways, Government of India (the selling shareholder), for cash at a price* of Rs. 19 per equity share (the offer price), aggregating to Rs. 477.11 Crores (the offer). Subject to receipt of necessary approval from the Government of India (GOI), the company may reserve a portion of 657,280 equity shares for allocation and allotment to eligible employees (as defined herein), (employee reservation portion). The offer less employee reservation portion, is referred to as the net offer. The offer comprised of a net offer of 252,800,000 equity shares and the employee reservation portion of 657,280 equity shares. The offer and net offer shall constitute 12.16% and 12.12% of the post-offer paid-up equity share capital of the company respectively. The Face value of the equity shares is Rs. 10 each. The Offer price is 1.9 times the face value of the equity shares. Retail Discount and Employee Discount Rs. 0.50 and Rs. 0.50 per Equity Share on Offer Price.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
29-Mar-2019	03-Apr-2019	₹ 19.00	₹ 0.00

Minimum Application for shares in Nos : 780 Further Multiples of : 780
	(₹)Cr.	Lead Managers to the Issue
Project Cost	20.91	Elara Capital (India) Pvt Ltd
Project Financed through Current Offer	477.11
Post Issue Equity Share Capital	2,085.02
Issue Price	₹19.00

Projects
Listing of Shares on the Stock Exchanges

Promoted By
The President of India

Listing At
BSE
NSE

Registrar to the Issue
Alankit Assignments Ltd

INDIAN INDICES

Sensex

84,544.31 1,359.51 (1.63%)

Nifty

25,790.95 375.15 (1.48%)

GLOBAL INDICES

USD

83.95 -0.07 (-0.08%)

NASDAQ

18,013.98 440.68 (2.51%)

HANG SENG

18258.57 245.41(1.36%)