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Incorporated in 2003 as PSU RAIL VIKAS NIGAM LIMITED was the conceptualization of Bharat Ratna Late Shri Atal Bihari Vajpayee, under the responsibility of Railways, Ministry of Railways, Government of India engaged with building rail framework needed by the railways. The Company was originated to embrace rail project improvement, preparation of monetary assets, and execution of rail projects relating to reinforcing of brilliant quadrilateral and port availability and raising of extra-monetary assets for project execution. Headquarters is located at NEW DELHI, INDIA.
Three mainstays of RVNL are Quality, Speed, and Transparency, and the focal point of the association is to give the Indian Railways and the country a modern framework.
The company is listed on the Bombay Stock Exchange and National Stock Exchange lists.
The dream of Shri Atal Bihari Vajpayee was to connect the configuration deficiency on Indian Railways and likewise announced the National Rail Vikas Yojana on 55th independence day in his speech from the Red Fort.
The business of RAIL VIKAS NIGAM LIMITED for the economical year 2019-20 has expanded by 44%. The approved offer capital of the organization is 3000 cr. with a settled-up share capital of 2085 cr. The organization has been listed after the dispossession of its stake of 12.16% of the company through an Initial public offering. As of Dec2021, the organization has a total of 208.50 Crore shares outstanding.
High Speed Rail Corporation of India Limited (HSRCIL) is a Special Purpose Vehicle and was incorporated in 2012 as a subsidiary of Rail Vikas Nigam Limited.
The company has an expansive range of services which they offer to the country
In 2003-Consolidated in New Delhi as a public limited organization and had received 172 projects by the Ministry of railways.
In 2005-The Company began its operation with arrangement of boards of directors.
In 2013-The Company was awarded with Miniratna status.
As of 2018-The Company has a request book of Rs.686836.20 million which incorporates 106 ongoing projects.
In 2019- RVNL came up with initial public opening at a face value of ₹10 per equity share and ₹17 to ₹19 per equity share and min order of 780 shares.
In 2021-Rail route Electrification of Palakkodu - Sivadi 29.97 KM and 32.66 TKM segment. And doubling the Bina-Kanjia section on Bhopal Division of West Central Railway was commissioned.
RAIL VIKAS NIGAM LIMITED was awarded Corporate Governance by Greentech Foundation at their Corporate Governance Summit 2021.
RVNL, normally, ranked 1st among the railroads.
PSEs for the multiple times out of the most recent 8 years.
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