Rail Vikas Nigam Limited
ListedMainboardIndustrials (Infrastructure) · NSE / BSE
Rail Vikas Nigam Limited (RVNL), incorporated in 2003 by the Ministry of Railways, works as a project execution agency responsible for developing and upgrading India’s railway infrastructure, with a strong focus on network expansion, port connectivity, and modernization of key routes like the golden quadrilateral; the company handles diverse railway projects such as new line construction, track doubling, electrification, gauge conversion, metro rail systems, major bridges, workshops, and institutional buildings, and earns a fixed management fee from the Ministry of Railways based on project type, while Indian Railways remains its main client along with other government bodies, supported by a large project portfolio and consistent profitability over the years.
Price Band
₹17 – ₹19
Issue Size
₹482 Cr
Lot Size
780 shares
GMP
—
Est. Listing
₹19
at current GMP
Subscribed
—
Open
29 Mar 2019
Close
3 Apr 2019
Allotment
9 Apr 2019
Refund
10 Apr 2019
Demat Credit
11 Apr 2019
Listing
11 Apr 2019
Last updated 10 months ago
Live Grey Market Premium
Rail Vikas Nigam Limited GMP Today
Last updated: 29 Dec 2025
Current Premium
₹00.0%
Issue Price (Upper)
₹19
Band: ₹17 – ₹19
Estimated Listing Price
₹19
Upper price + GMP
Lot Size
780 shares
Min investment ₹14,820
Estimated Profit / Lot
₹0
780 × ₹0
Rail Vikas Nigam Limited GMP Historical Trend
GMP History
Grey Market Premium trend
—
▲ 0 today
Updated 1 minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | — | 0.0% | ₹19 |
| 30 Oct 2026 | — | 0.0% | ₹19 |
| 29 Oct 2026 | — | 0.0% | ₹19 |
GMP is unofficial market data. Not a guarantee of listing performance.
About Rail Vikas Nigam Limited Public Issue & Market Profile
Rail Vikas Nigam Limited is bringing an initial public offering (IPO) in the Industrials (Infrastructure) sector with an aggregate issue size of ₹481.57 Crores. The shares are offered at a price band of ₹17 to ₹19 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Public Issue & Pricing Context:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 780 shares (approx. ₹14,820 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Basis of Allotment & Listing Timeline:
Allotment reconciliation will be managed by Alankit Assignments Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2019-04-11, while un-allotted funds or UPI block mandates will be released on 2019-04-10.
Frequently Asked Questions
What is Rail Vikas Nigam Limited IPO GMP today?
The latest grey market premium for Rail Vikas Nigam Limited IPO is ₹0, which indicates an expected listing price of ₹19.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.