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March 29, 2019 - April 3, 2019

Rail Vikas IPO FAQ

Rail Vikas IPO Date & Price

The Rail Vikas IPO opens on March 29, 2019 and closes on April 3, 2019.

Rail Vikas IPO timetable / schedule is as below:
  • Bid/Offer Opens On: March 29, 2019
  • Bid/Offer Closes On: April 3, 2019
  • Finalization of Basis of Allotment: April 8, 2019
  • Initiation of refunds: April 9, 2019
  • Credit of Equity Shares: April 9, 2019
  • Listing Date: April 11, 2019

Rail Vikas IPO price is set at ₹19 per equity share.

Rail Vikas IPO will close for subscription at 5 PM on April 3, 2019. But most brokers stop accepting application between 1 PM to 3 PM.

The Rail Vikas IPO starts on March 29, 2019. The issue ends on April 3, 2019.

Rail Vikas IPO Issue Size and Subscription Status

The Rail Vikas IPO size is 253457280 Equity Shares of ₹10 aggregating up to ₹481.57 Cr.

Rail Vikas Nigam Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Rail Vikas IPO shares through the banks (using ASBA) or through the broker (using UPI).

Rail Vikas IPO Offer Size

Qualified Institutional Buyers (QIB)126,400,000 Shares
Non-Institutional Investors (NII)37,920,000 Shares
Retail Individual Investor (RII)88,480,000 Shares
Employee Reservations657,280 Shares
Other Reservations0 Shares
Total Issue Size253,457,280 Shares

Rail Vikas IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)1.36 times times
Non-Institutional Investors (NII)0.80 times times
Retail Individual Investor (RII)2.92 times times
Employee Reservations2.11 times times
Other Reservations times
Total Issue Size1.82 times times

Click here to check the Rail Vikas IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Rail Vikas IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Rail Vikas IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Rail Vikas IPO Allotment and Listing

The Rail Vikas IPO allot status will be available online on April 8, 2019. Check the Rail Vikas IPO Allotment Status here.

Click here to check Rail Vikas IPO Allotment Status.

Rail Vikas IPO listing Date is April 11, 2019. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Rail Vikas IPO listing date and time is published by the exchange in a circular.

Click here to view the Rail Vikas IPO Basis of Allotment.

It is hard to say at what price Rail Vikas IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Rail Vikas IPO shares will list on April 11, 2019 at BSE, NSE.

Rail Vikas IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Rail Vikas IPO which could help you with questions like Rail Vikas IPO buy or not? You should also read Rail Vikas IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Rail Vikas IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Rail Vikas IPO performance. The performance reports are available 1 day after listing.