Rail Vikas Nigam Ltd - Prospectus Synopsis

Rail Vikas Nigam Ltd RHP

Registered Office : 1st floor August Kranti Bhawan , Bhikaji Cama Place , New Delhi - 110066 , New Delhi , India.

Phone : 91-011-26738195  Fax : 91-011-26182957

Email :     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-2019 03-Apr-2019 Rs 19 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 780 Further Multiples of : 780
  Rs Cr Lead Managers to the Issue
Project Cost 20.91 Elara Capital (India) Pvt Ltd
Project Financed through Current Offer 477.11  
Post Issue Equity Share Capital 2085.02  
Issue Price Rs. 19  
Listing of Shares on the Stock Exchanges
Promoted By Listing At Registrar to the Issue
The President of India
Mumbai Alankit Assignments Ltd

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