Central Public Sector Enterprise

Markets

Rail Vikas Nigam Ltd IPO to fetch about ₹480 crore to government

Retail investors subscribed about 2.5 times the shares reserved for them, while Qualified Institutional Buyers (QIBs) portion was subscribed 1.36 timesThe total issue size was 25.34 crore shares and the price band for the initial public offer (IPO) was ₹17-19 per share

1 min read3 Apr 2019
Market

Govt announces plan to launch new exchange traded fund

The proposed ETF will serve as an additional mechanism for the govt to monetize its shareholdings in central public sector firms

3 min read3 Aug 2016