IPO updates Rail vikas nigam Ltd and Metropolish Healthcare Limited

IPO UPDATES

Rail Vikas Nigam Ltd (RVNL)
(A Govt of India company)

OPENS ON 29th March To 3rd APRIL

Price Band: Rs.17 to 19

Retail discount: Rs.0.50

Minimum shares: 780

Minimum Amount: Rs.14430
(With discounts)

Metropolish Healthcare Limited - IPO

Issue dates: 3 to 5 April 2019

Price Band: ₹ 877 to ₹ 880

Bid Lot: 17 Equity Shares & in multiple thereafter

Minimum Amount: Rs.14960

Issue Size: ₹ 1204 Crs at upper Band includes 3 lakhs shares for employees reservation

Net Offer: ₹ 1177.88 Crs at upper band

QIB: 75% of Net Offer (₹ 883.50 Crs at upper band)

NIB: 15% of Net Offer (₹ 176.70 Crs at upper band)

Retail: 10% of Net Offer (₹ 117.80 Crs  at upper band)

Retail Investors can apply through ASBA or UPI mechanism

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