Date:29-Mar-2024  Time: 6:24 PM
 
 
        
Prospectus Synopsis
Rail Vikas Nigam Ltd
Registered Office: 1st floor August Kranti Bhawan , Bhikaji Cama Place , New Delhi - 110066 , New Delhi , India.
Phone:91-011-26738299   Fax:91-011-26182957
Email: investors@rvnl.org    Website: www.rvnl.org
Initial public offering of 253,457,280 equity shares of face value of Rs.10 each ("equity shares") of Rail Vikas Nigam Limited (the "company" or the "issuer") through an offer for sale by the President of India, acting through the Ministry of Railways, Government of India (the "selling shareholder"), for cash at a price* of Rs. 19 per equity share (the "offer price"), aggregating to Rs. 477.11 Crores (the "offer"). Subject to receipt of necessary approval from the Government of India ("GOI"), the company may reserve a portion of 657,280 equity shares for allocation and allotment to eligible employees (as defined herein), ("employee reservation portion"). The offer less employee reservation portion, is referred to as the net offer. The offer comprised of a net offer of 252,800,000 equity shares and the employee reservation portion of 657,280 equity shares. The offer and net offer shall constitute 12.16% and 12.12% of the post-offer paid-up equity share capital of the company respectively. The Face value of the equity shares is Rs. 10 each. The Offer price is 1.9 times the face value of the equity shares. Retail Discount and Employee Discount Rs. 0.50 and Rs. 0.50 per Equity Share on Offer Price.


Issue Money Payable On
Opens On Closes On Application Allotment
29-Mar-19 03-Apr-19 Rs 19.00-0.00 Rs 0.00-0.00
Minimum Application for shares in Nos : 780   Further Multiples of : 780


  Rs Cr Lead Managers to the Issue
Project Cost 20.91 Yes Securities (India) Ltd
Project Financed through Current Offer 477.11  
Post Issue Equity Share Capital 2085.02  
Issue Price Rs. 19.00  
 
Projects
 Listing of Shares on the Stock Exchanges .
Promoted By
The President of India
Listing At
BSE
NSE
Back Top
Source:Capital Market
 
 
Useful linksNSEIBSEI SEBIINSDLI NCDEXI CDSLIRBI      Careers | Feedback | Sitemap | Disclaimer | Policies | Grievances | Circulars
Sebi Reg No: NSE INB231168734(CM) INF231168734(F&O) Sebi Reg No: BSE INB011168730 INF011168730   NCDEX: Membership Code: 00774
MCX: Membership Code: 31560  Mutual Funds: ARN0843.
FMC Unique Membership Code: MCX/TCM/CORP/1106
2006-07 © Senator Securities Pvt. Ltd. All rights reserved
FMC Unique Membership Code: NCDEX/TCM/CORP/0760
Design, developed & maintained by C-MOTS Infotech(ISO 9001:2008 certified)
Content powered by capitalmarket.com