Rail Vikas Nigam Limited IPO Subscribed Over 40% On Day 2

Rail Vikas Nigam Limited share sale via initial public offering (IPO), which started on Friday, was subscribed 48 per cent as of 5 pm on third day of the issue. Over 12 crore bids were received by National Stock Exchange and BSE Ltd. for over 25 crore shares on offer, according to all exchanges demand graph on the National Stock Exchange website, nseindia.com.