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Rail Vikas Nigam Ltd.
Issue Open Date 29-Mar-19  
Issue Closing Date 03-Apr-19  
Application Money 100  
Allotment Money  
Price Band 17 - 19  
Minimium Application No. 780  
Issue Size (Shares) 253457280  
Market Lot 1  
Objective
To carry out the disinvestment of 252,800,000 Equity SharesTo achieve the benefits of listing the Equity Shares
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors   37920000   30250740   0.80  
Qualified Institutional Buyers   126400000   172121040   1.36  
Retail Individual Investors   88480000   259549680   2.93  
Business Description
We are a wholly owned government company, a Miniratna (Category – I) Schedule ‘A’ Central Public Sector Enterprise, incorporated by the Ministry of Railways (“MoR”) under the Companies Act, 1956 on January 24, 2003, as a project executing agency working for and on behalf of MoR. We were incorporated with an objective to undertake rail project development, mobilization of financial resources and implementation of rail projects pertaining to strengthening of golden quadrilateral and port connectivity and raising of extra- budgetary resources for project execution.We are in the business of executing all types of railway projects including new lines, doubling, gauge conversion, railway electrification, metro projects, workshops, major bridges, construction of cable stayed bridges, institution buildings etc.Since our inception in 2003, MoR has transferred 172 projects to us of which 166 projects are sanctioned for execution. Out of these, 60 projects have been fully completed totalling to ?167,777.00 million and the balance are ongoing. We have an order book of ?686,836.20 million as on February 28, 2018 which includes 106 ongoing projects.During the financial year ending March 31, 2017, we have completed a total of 713.73 rkm of project length which included 355.73 rkm of doubling and 358 rkm of railway electrification.
Promoter's Holding
Total Share Capital   2085020100  
Offered to Public   253457280  
Promoter's Holding (Pre-Issue)   100  
Promoter's Holding (Post-Issue)   87.84  
Address
1st Floor August Kranti Bhawan
Bhikaji Cama Place
R K Puram
New Delhi,
Delhi,
110066
Phone : 011-26738199/8299
Email : cskalpanadubey@gmail.com
Website : www.rvnl.org
Registrar
Alankit Assignments Ltd
205-208
Anarkali Complex
Jhandewala Extension

New Delhi
Listed at
BSE, NSE
Lead Manager
Elara Capital (India) Pvt Ltd
IDBI Capital Markets & Securities Ltd. (Formerly known as IDBI Capital Market Services Ltd.)
Yes Securities (India) Ltd.
Promoters
President of India
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