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March 29, 2019 - April 3, 2019

Rail Vikas IPO Subscription Details

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 April 3, 2019 (Day 4).

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Qualified Institutions1.36126,400,00017,21,21,040327.03
Non-Institutional Buyers0.8037,920,0003,02,50,74057.48
Retail Investors2.9288,480,00025,83,82,020490.93
Total 1.82253,457,28046,21,38,300878.06

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.

Rail Vikas IPO (Day-wise) Subscription Details (times)

Day 1
March 29, 2019
Day 2
April 1, 2019
Day 3
April 2, 2019
Day 4
April 3, 2019

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 (%)

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 above information / data is sourced from National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites and is subject to change in real time. For latest information / data, please refer to the respective websites. The information / data provided here in is for informational purposes only and is provided by on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. shall not be liable in any way for any discrepancies, errors, omissions, losses or damage., including its affiliates and its directors, staff and employees, shall not be liable for any loss, damage of any kind, including but not limited to direct, indirect, punitive, exemplary, consequential damages and lost profits arising in any way out of the use of information / data obtained through the said websites. The recipient alone is fully responsible / liable for any decision made based on this information / data. All recipients, before relying on the said information, should do their own research and seek appropriate professional advice.

Rail Vikas IPO Subscription FAQs

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

Rail Vikas IPO Subscription

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

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

The Rail Vikas IPO allotment status is expected on or around April 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 OnMarch 29, 2019
IPO Closes OnApril 3, 2019
Finalisation of Basis of AllotmentApril 8, 2019
Initiation of RefundsApril 9, 2019
Credit of Shares to Demat AccountApril 9, 2019
IPO Listing DateApril 11, 2019