The basis of allotment for Rail Vikas Nigam IPO is available now.
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:
Note: The disabled button shows that the allotment is not yet available online.
The allotment result looks like as below:
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: