The allotment for the initial public offer (IPO) of Rail Vikas Nigam Limited IPO is likely to be finalized on, Apr 9, 2019 . Investors can check their allotment status on the issue's registrar Not Available website, IPO Ji app/website, as well as on the BSE and NSE websites.
The Rail Vikas Nigam Limited IPO was open for subscription between Mar 29, 2019 - Apr 3, 2019 at a price band in the range of Rs 17 - Rs 19 per Equity Share (Rs 0.5/- discount per share for Retail Investors).
The Rail Vikas Nigam Limited IPO's initial public offering received moderate responses from investors throughout the three-day bidding. Retail investors' portion was subscribed 25,95,41,100 2.93 times, while non-institutional investors' quota received 3,02,50,740 0.80 times subscription. The qualified institutional buyers (QIBs) portion was booked 17,21,21,040 1.36 times. Overall, the IPO was subscribed 46,33,07,520 1.83 times.
You can check your IPO allotment status online on the website of the IPO registrar, IPO Ji App/Website, and BSE and NSE websites. You can check the allotment status of the Rail Vikas Nigam Limited IPO if you have applied for it.
Steps to Check Rail Vikas Nigam Limited IPO Allotment Status on IPO Ji App/Website:
How to Check Rail Vikas Nigam Limited IPO Allotment on BSE:
How to Check Rail Vikas Nigam Limited IPO Allotment on NSE:
On securing the allotment, you will receive the credit of equivalent shares in your Demat account.