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Rail Vikas Nigam IPO IPO

Mainline29 Mar to 3 Apr, 201929 Mar to 3 Apr, 2019
Open
29 Mar to 3 Apr, 2019
Close
29 Mar to 3 Apr, 2019
3
Allotment
Listing
Thu, Apr 11, 2019
Price Band
₹17 to ₹19
Issue Size
25,34,57,280 shares (agg. up to ₹477 Cr)
Lot Size
780 Shares
Listing Date
Thu, Apr 11, 2019
✦ AI Insight

Live Subscription

CategorySubscription (times)
Total1.70x

Restated Financials (₹ Cr.)

Period Ended30 Sep 201831 Mar 201831 Mar 201731 Mar 2016
Assets8,732.418,568.558,859.5722,215.68
Total Income3,770.407,822.296,162.884,720.29
Profit After Tax253.62569.92443.46429.43
EBITDA333.36713.53583.77526.76
NET Worth4,062.123,925.253,556.883,422.43
Reserves and Surplus1,977.101,840.231,471.861,337.41
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
IRCON International Ltd.Mainboard₹466.93 Cr₹475null₹415.30-12.57%₹130.42 (-0.04%)
RITES Ltd.Mainboard₹460.51 Cr₹185null₹213.30+15.30%₹219.37 (-1.70%)
BCPL Railway Infrastructure Ltd.SME₹17.01 Cr₹35null₹36.30+3.71%₹71.09 (+0.28%)
Ranjeet Mechatronics Ltd.SME₹4.50 Cr₹25null₹28.85+15.40%₹6.92 (-0.14%)

About Rail Vikas Nigam IPO

Incorporated in 2003 by the Ministry of Railways India (MoR), Rail Vikas Nigam Limited (RVNL) is a project executing agency. What does RVNL do?RVNL is engaged in the business of mobilization of financial resources, rail project development, enhance golden quadrilateral and port connectivity by implementing rail projects and raise extra-budgetary resources for Indian Railway project execution. RVNL is involved in a verity of rail projects such as the construction of cable-stayed bridges, major bridges, workshops, metro projects, railway electrification, gauge conversion, new lines, doubling, and institutional buildings.RVNL Project SummaryMoR has assigned 172 projects to the RVNL till Feb 2019 and out of which 166 projects are executed. As of Dec 2018, an order book size is Rs 77,504.28 Cr. The company also charge an annual consolidated management fee from MoR including execution of 10% for national projects, 9.25% for the metro projects, and 8.50% for other plan heads.RVNL ClientsIndian Railway is the major client of the company and public sector undertakings, state, and central government departments, ministries are the other clients.RVNL Financial SummaryThe net profit of the com

Contact Details

Rail Vikas Nigam Ltd. AddressRail Vikas Nigam Limited, 1 st floorAugust Kranti Bhawan, Bhikaji Cama PlaceR.K.PuramNew Delhi, New Delhi, 110066+91 11 2673 8299investors@rvnl.orgVisit Website