Rail Vikas Nigam IPO Allotment Status Online

Bookbuilding IPO | ₹477 Cr | Listed at BSE, NSE | Fri, Mar 29, 2019 - Wed, Apr 3, 2019

The Rail Vikas Nigam IPO allotment status will be available on Monday, April 8, 2019, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Rail Vikas Nigam Ltd. IPO allotment status online:

  • Visit the Rail Vikas Nigam IPO allotment status page.
  • Click on the green Rail Vikas Nigam IPO Allotment Status.
  • Enter either PAN number, Application Number, or DP Client ID of the demat account to check the Rail Vikas Nigam IPO allotment status.
  • Click Search.

Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

  • PAN No.: AHMLK1898J
  • Application No.: RL041213805307
  • Name: Mr. Rajveer Singh
  • Shares Applied: 40
  • Shares Allotted: 40

The expected Listing price of Rail Vikas Nigam IPO depends on many factors including demand, nature of the business, market environment, and state of the economy. The Rail Vikas Nigam IPO grey market premium gives some hint but the actual Listing price is difficult to guess.

Rail Vikas Nigam Ltd. IPO IPO allotment status is expected on Monday, April 8, 2019. Click the green button Rail Vikas Nigam Ltd. IPO allotment status above to check the allotment. Note : The button remains disabled until the allotment is available online.

If Rail Vikas Nigam IPO oversubscribed in the retail category, the Rail Vikas Nigam IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

The Rail Vikas Nigam Ltd. listing date is April 11, 2019. The equity shares of Rail Vikas Nigam Ltd. will list on BSE, NSE.

The reason you didn't get the Rail Vikas Nigam IPO could be:

  • IPO become oversubscribed and allotment process is completed through a lottery
  • The IPO application got rejected due to mismatch/incomplete information
  • The issue price is higher than the bid price. (Always apply on cut-off price).
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