What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Rail Vikas Nigam Limited IPO?

Rail Vikas Nigam Limited IPO has received a total subscription of 0.00 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Rail Vikas Nigam Limited

ListedMainboard

Industrials (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

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

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

0.00x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

0.00x

High Net-Worth

Retail (RII)

0.00x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 0.00x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
Qualified Institutional (QIB)	126,728,947	—	0.00x
Non-Institutional (NII / HNI)	38,018,684	—	0.00x
Retail Individual (RII)	88,710,263	—	0.00x
Total	253,457,894	0	0.00x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 1.00x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	113,731	113,731	1.00x
HNIs (10L +)	727	727	1.00x
HNIs (2-10L)	3,482	3,482	1.00x
Total Applications	117,940	117,940	1.00x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

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.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

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?

Currently, Rail Vikas Nigam Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹17 to ₹19 per equity share.

What is the expected profit per lot for Rail Vikas Nigam Limited IPO?

The retail lot size is 780 shares requiring a minimum application amount of ₹14,820. Expected listing price is ₹19 per equity share.

What is the issue size and price band for Rail Vikas Nigam Limited IPO?

The Rail Vikas Nigam Limited IPO aggregate issue size is ₹481.57 Crores with an equity price band set at ₹17 to ₹19 per equity share. The retail lot size is 780 shares requiring a minimum capital outlay of approx. ₹14,820.

How can I check Rail Vikas Nigam Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.

Where and when will Rail Vikas Nigam Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Alankit Assignments Limited) and the BSE status verification website on or around 2019-04-09. Investors can verify status using PAN card or application number.

When is the listing date for Rail Vikas Nigam Limited IPO?

Rail Vikas Nigam Limited shares are scheduled to list on NSE and BSE on 2019-04-11.