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Rail Vikas Nigam Ltd
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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
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Initial public offering of 253,457,280 equity shares of face value of Rs10 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 Rs19 per equity share (the "offer price"), aggregating to Rs477.11 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 Rs10 each. The Offer price is 1.9 times the face value of the equity shares.
Retail Discount and Employee Discount Rs0.50 and Rs0.50 per Equity Share on Offer Price.
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Opens On
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Closes On
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Application
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Allotment
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29-Mar-19
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03-Apr-19
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Rs 19.00-0.00
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Rs 0.00-0.00
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Minimum Application for shares in Nos :780 Further
Multiples of :780
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(Rs Cr)
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Lead Managers to the Issue
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Project Cost
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20.91
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| Elara Capital (India) Pvt Ltd |
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Project Financed through Current Offer
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477.11
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Post Issue Equity Share Capital
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2085.02
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Issue Price
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Rs 19.00
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