Rail Vikas Nigam Limited (RVNL) IPO – Analysis, Details, Review, Opening Date, Issue Price, Allotment Status, Listing
Rail Vikas Nigam is a State-owned miniratna company that is set to launch its initial public offering for subscription. It is as an extended arm of the Ministry of Railways working for & on behalf of MoR. It is empowered to act as an Umbrella SPV to undertake project development, resource mobilization etc. directly or by creating project specific SPVs or by any other financing structure found suitable.
Issue Details of RVNL IPO:
IPO Opens on
29th Mar 2019
IPO Closes on
3rd April 2019
Issue Price band
Rs 17 - Rs 19
Any Discount
Rs 0.50p discount to retail investors
Issue Size
Rs 430 crore
Minimum Investment
780 shares (Rs 14820)
Registrar
Alankit
Book Running Lead Managers
Elara Capital & Yes Securities
Listing
BSE/NSE
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Rail Vikas Nigam...