Monday, March 25, 2019
RVNL IPO opens March 29, 2019
State-run *Rail Vikas Nigam Ltd (RVNL)* has received capital markets regulator SEBI’s go-ahead to float an initial public offering.
Going by the draft papers, the IPO of RVNL, which builds infrastructure for high speed rail, will see sale of 2.08 crore equity shares or 10 per cent stake by the government.
The public issue is being managed by Yes Securities, Elara Capital (India) and IDBI Capital Markets & Securities. The equity shares of the company are proposed to be listed on BSE and NSE.
Tags
# IPO in 2019
# IPO in March 2019
# Rail Vikas Nigam Limited IPO
# RVNL IPO
# Upcoming IPO in 2019
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