The IPO of PSU Rail Vikas Nigam opens today and it is offering 25.34 crore shares at a price band of Rs 17-19 per share. The issue is an offer-for-sale or OFS which will close on April 3. By this Rs 481 crore- IPO the government is diluting its stake of 12.2% in the rail PSU post which its stake in RVN will reduce to 88%.
from The Financial ExpressThe Financial Express https://ift.tt/2TGtFOw
Friday, 29 March 2019
PSU Rail Vikas Nigam IPO for Rs 481 crore opens today; key things to know
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