Rail Vikas Nigam Limited IPO Message Board (Page 10)

At 17-19 per share with 0.5 discount for retail investors, risk is low; Will apply on 03-04-19 afternoon, based on QIB subscription till then.

only low pe plus point this ipo so very imported last day qib,nii no.
what about this ipo, arjun,eagleye your side

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poor response mainly due to gap between open and close date.. situation may be different on second last and last day. .....

Hi All
Pls guide whether we should subscribe to this IPO or not. Concerned as IRCON was badly beaten and hasn't recoved yet.

Well 'Rites' is working incredibly good. But now we have IPO of RVNL. Pls share your views on this.

@Bharat I think you are not aware of the Rites IPO listing. It opened on very high listing gains. Get your facts straight before replying.

@learning
read carefully..he is saying listing gains..not listing

thanks @ AhireR???? ... @ learning .. god bless you..

expected listing gain 700 - 1000...
Apply on last day based on HNI and QIB subscription. ...

You are saying to that it will list between 700 - 1000. How much percentage increment you are expecting as the price band is 17-19.
Experts need your opinion on subscription.

Subscribe last day after hni subscription

Experts please let us know your opinion on this IPO... Seems better to skip...

GMP of RVNL is 1.25 - 1.5

If you are applying IPO please use only account which are link to Demat otherwise RTA will reject your application with the reason for third party account

If you apply other than your Demat linked bank account how RTA will validate your account no whether it is self account or third party account. It is advisable to use Demat linked bank account to remove the chance of application rejection

I repeat, as per SEBI circular ASBA through UPI for RIIs shall be implemented after 30th June 2019.

Please suggest whether we should apply this IPO or not???

UPI is mandatory after 5th IPO for RII so we can apply in this IPO through Asba also.

Another PSU avoid it

GMP may not exist for this IPO, it is offered at more than 8 pe, which is appears to be high in this market. One have to be careful while subscribing.

Gmp 1rs

Hi everyone
I didn't find any gmp for this ipo
If someone have any information please share

Eagleye. pl give ur precious comments for this IPO.

when did u seen eagle eye comment......?

Rail Vikas Nigam Limited IPO Snapshot

Total Shares Outstanding= 2,085,020,100

Mcap= 3961 Cr

Net-Worth= 4062 Cr

IRFC- Debt= 2842 Cr ( In case of IRFC loan, for payment of interest and principal MoR would make available to the Company the required funds, therefore, the risk related to IRFC loan is nil, debt servicing will pass through the Company's books only.)

FY-18

Revenue= 7822 Cr
EBITDA= 613 Cr
PAT= 569 Cr
NPM= 7.27%
OPM= 7.84%
EPS= 2.73

Valuation

P/E= 6.95

P/B= 1

Peer

IRCON which listed last year came at P/E of 10. However, the Issue listed at discount.

This is fourth IPO. After 5th ipo UPI is mandatory.
Poly or Metro any one of the issue we can apply through ASBA. UpI is mandatory for poly or Metro
ASBA continue in all phases for HNI AND FII

Dear Rajkumar / dpcdsl,

My family is not activated online account. So, is there way to apply offline? (similar to offline ASBA - hard copy)?

Thank you in advance.

Dear Addy
As per dpcdsl present asba system is followed till 30tth June

For applying IPO. We must use bank account link Demat account otherwise RTA will reject application with remarks of third party account