Chittorgarh.com Logo
FREE Account Opening + No Clearing Fees + Rs 999 API Access
Loading...

Rail Vikas IPO Details

Issue Open Mar 29, 2019
Issue Close Apr 3, 2019
IPO Price ₹19
Face Value ₹10
IPO Size ₹481.57 Cr
Listing At BSE, NSE
IPO Lot Size 780
Open an Instant Account with Zerodha

Rail Vikas IPO Subscription Status Live

Rail Vikas IPO subscribed 1.82 times. The public issue subscribed 2.92 times in the retail category, 1.36 times in QIB, and 0.80 times in the NII category by Apr 3, 2019.

Investor CategorySubscription (times)
Qualified Institutions1.36
Non-Institutional Buyers0.80
Retail Investors2.92
Employees2.11
Others[.]
Total1.82

Rail Vikas IPO Subscription Details (times)

DateQIBNIIRetailEMPTotal
Day 1
Mar 29, 2019
0.000.020.240.160.09
Day 2
Apr 1, 2019
0.000.030.490.480.18
Day 3
Apr 2, 2019
0.030.151.250.900.48
Day 4
Apr 3, 2019
1.360.802.922.111.82

Rail Vikas IPO Shares Offered

Rail Vikas IPO is a public issue of 253,457,280 equity shares. The issue offers 88,480,000 shares to retail investors, 126,400,000 shares to qualified institutional buyers, and 37,920,000 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr)
QIB126,400,000240.16
NII37,920,00072.05
Retail88,480,000168.11
Employee657,2801.25
Total253,457,280481.57

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Individual investors, NRIs, companies, trusts, etc who bid for more than Rs 2 lakhs are known as Non-institutional bidders or NII. They need not register with SEBI like QIIs.

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2,00,000 in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

Rail Vikas IPO Subscription FAQs

The Rail Vikas IPO is subscribed 1.82 by Apr 3, 2019.

Rail Vikas IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional1.36
Non Institutional0.80
Retail Individual2.92
Employee Reservations2.11
Others[.]
Total Subscription1.82

Retail category of Rail Vikas IPO subscribed 2.92 times as of date Apr 3, 2019. The public issue closes on Apr 3, 2019 for bidding.

An investor can apply in Rail Vikas IPO online via bank (using ASBA) or the broker (using UPI). The Rail Vikas IPO shares are offered online only.

The Rail Vikas IPO is subscribed 1.82 by Apr 3, 2019.

The Rail Vikas IPO allotment status is expected on or around Apr 8, 2019. Visit Rail Vikas IPO allotment status to check.

The Rail Vikas IPO listing date is Thursday, April 11, 2019. The equity share of Rail Vikas Nigam Limited will list on BSE, NSE.

Visit Rail Vikas IPO subscription status page for real-time bidding information about Rail Vikas IPO.

Rail Vikas IPO Timetable

IPO Opens OnMar 29, 2019
IPO Closes OnApr 3, 2019
Finalisation of Basis of AllotmentApr 8, 2019
Initiation of RefundsApr 9, 2019
Credit of Shares to Demat AccountApr 9, 2019
IPO Listing DateApr 11, 2019