Rail Vikas Nigam IPO was subscribed 7% on day 1 of the bidding process. The issue will close on April 03.
The IPO had received bids for 1.72cr shares against the total issue size of 25.34cr shares, which is 7% of the issue size, as per NSE data.
The price band is set at Rs17-19 per equity share of face value of Rs10 each of the company (the Equity Shares).
Yes Securities (India) Limited, Elara Capital (India) Private Limited, and IDBI Capital Markets & Securities Limited are the Book Running Lead Managers (BRLMs) to the Offer, while Alankit Assignments Limited is the Registrar to the Offer.
The IPO had received bids for 1.72cr shares against the total issue size of 25.34cr shares, which is 7% of the issue size, as per NSE data.
The price band is set at Rs17-19 per equity share of face value of Rs10 each of the company (the Equity Shares).
Yes Securities (India) Limited, Elara Capital (India) Private Limited, and IDBI Capital Markets & Securities Limited are the Book Running Lead Managers (BRLMs) to the Offer, while Alankit Assignments Limited is the Registrar to the Offer.
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