Rail Vikas IPO Allotment Status Online

The Rail Vikas IPO allotment status will be available on Apr 8, 2019, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Rail Vikas IPO allotment status online:

• Visit the Rail Vikas IPO allotment status page.
• Click on the green Rail Vikas IPO Allotment Status.
• Enter either PAN number, Application Number or DP Client ID of the demat account to check the Rail Vikas IPO allotment status.
• Click Search.

Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

• PAN No.: AHMLK1898J
• Application No.: RL041213805307
• Name: Mr. Rajveer Singh
• Shares Applied: 40
• Shares Allotted: 40

The expected listing price of Rail Vikas IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The Rail Vikas IPO grey market premium gives some hint but the actual listing price is difficult to guess.

Rail Vikas IPO allotment status is expected on Apr 8, 2019. Click the green button Rail Vikas IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Rail Vikas IPO oversubscribed in the retail category, the Rail Vikas IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

The Rail Vikas IPO shares will get listed on Thursday, April 11, 2019. The equity share of Rail Vikas Nigam Limited will list on BSE, NSE.

The reason you didn't get the Rail Vikas IPO could be:

• IPO become oversubscribed and allotment process is completed through a lottery
• The IPO application got rejected due to mismatch/incomplete information
• The issue price is higher than the bid price. (Always apply on cut-off price).