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Rail Vikas IPO Subscription Details (Live Status)

Rail Vikas IPO Details

IPO Open Mar 29, 2019
IPO Close Apr 3, 2019
IPO Price ₹19
Face Value ₹10
IPO Size ₹481.57 Cr
Listing At BSE, NSE
Lot Size 780
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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) Size (%)
QIB126,400,000240.1649.87%
NII37,920,00072.0514.96%
Retail88,480,000168.1134.91%
Employee657,2801.250.26%
Total253,457,280481.57100%

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)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs 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.

What is the difference between RII, NII, QIB and Anchor Investor?

Disclaimer: The subscription data is taken from the NSE and BSE websites. They are subject to change on a real-time basis. The subscription data provided are for information purposes only and provided by Chittorgarh.com on an 'AS IS' and 'AS AVAILABLE' basis and without warranty, express or implied. Our website does not guarantee or warrant the accuracy, adequacy, or completeness of the information received through the said websites. Chittorgarh.com holds no responsibility of any kind as regards any discrepancies, errors, omissions, losses, or damages. Chittorgarh.com including its affiliates and any of its directors, and employees, shall not be liable for any loss, or damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of data received. The recipient alone shall be fully responsible / are liable for any decision taken based on such information/data. All recipients should before acting upon the said information make their investigation, and seek appropriate professional advice.

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