Rail Vikas Nigam shareholders and shareholding pattern

NSE: RVNLBSE: 542649ConstructionMid Cap

Rail Vikas Nigam Limited · Face value ₹10 · Listed Apr 2019 · Issue price ₹19

₹179.67₹6.33 (3.40%)BSE ₹179.80

Share price at the NSE close on 30 Oct 2026. Previous close ₹186.00.

30 Oct: open ₹186.00, high ₹186.59, low ₹179.50

52-week range of traded prices to 30 Oct 2026

₹177.86Low, 26 Oct 2026₹400.70High, 29 Dec 2025

Market cap: ₹37,462 Cr177th largest listed
P/E: 41.64
P/B: 3.81
Dividend yield: 0.95%
ROE: 9.3%
ROCE: 5.8%
Debt to equity: 0.49
Volume, NSE: 45,11,02539.9% delivered

Rail Vikas Nigam's shareholding pattern for Sep 2026, filed on 19 Oct 2026, with every filing from Mar 2019: who owns its shares by group, its promoters by name and its public holders of 1% or more.

Who owns Rail Vikas Nigam, filing by filing

Per cent of the company's shares.

Sep 2026 filing

Promoters72.84%
Foreign institutions2.37%
Indian institutions6.21%
Governments0.01%
Individuals and others18.57%

Shareholding pattern, per cent, from Sep 2022

Promoters
Foreign institutions
Indian institutions
Governments
Individuals and others

Per cent	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
	100.00%	87.84%	87.84%	87.84%	87.84%	87.84%	87.84%	87.84%	78.21%	78.20%	78.20%	78.20%	78.20%	78.20%	78.20%	78.20%	78.20%	78.20%	72.84%	72.84%	72.84%	72.84%	72.84%	72.84%	72.84%	72.84%	72.84%	72.84%	72.84%	72.84%	72.84%
Indian promoters	100.00%	87.84%	87.84%	87.84%	87.84%	87.84%	87.84%	87.84%	78.21%	78.20%	78.20%	78.20%	78.20%	78.20%	78.20%	78.20%	78.20%	78.20%	72.84%	72.84%	72.84%	72.84%	72.84%	72.84%	72.84%	72.84%	72.84%	72.84%	72.84%	72.84%	72.84%
	–	12.16%	12.16%	12.16%	12.16%	12.16%	12.16%	12.16%	21.79%	21.80%	21.80%	21.80%	21.80%	21.80%	21.80%	21.80%	21.80%	21.80%	27.16%	27.16%	27.16%	27.16%	27.16%	27.16%	27.16%	27.16%	27.16%	27.16%	27.16%	27.16%	27.16%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.76%	2.45%	1.53%	1.75%	2.32%	2.59%	2.32%	3.13%	5.05%	5.10%	5.07%	4.89%	4.66%	4.98%	4.86%	2.41%	2.37%
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.70%	2.19%	1.41%	1.53%	2.11%	2.30%	2.12%	2.92%	4.72%	4.80%	4.85%	4.71%	4.51%	4.78%	4.71%	2.38%	2.37%
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.06%	0.26%	0.12%	0.22%	0.21%	0.29%	0.20%	0.21%	0.33%	0.30%	0.22%	0.18%	0.15%	0.19%	0.15%	0.03%	0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	7.43%	6.45%	6.51%	5.76%	5.83%	6.09%	6.18%	6.77%	6.33%	6.16%	6.21%	6.38%	6.40%	6.38%	6.42%	6.60%	6.21%
Mutual funds	–	2.39%	2.61%	2.10%	1.57%	1.59%	1.48%	1.10%	0.66%	0.55%	0.37%	0.11%	0.16%	0.16%	0.12%	0.04%	0.09%	0.09%	0.13%	0.14%	0.09%	0.19%	0.21%	0.19%	0.21%	0.18%	0.15%	0.13%	0.18%	0.36%	0.35%
Insurance companies	–	1.94%	2.13%	0.50%	0.88%	0.51%	–	–	8.77%	8.72%	8.72%	8.51%	8.17%	8.14%	7.31%	6.38%	6.42%	5.66%	5.69%	5.92%	6.08%	6.55%	6.12%	5.97%	6.00%	6.20%	6.24%	6.24%	6.24%	6.24%	5.86%
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	Under 0.01%	0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Alternative investment funds	–	0.04%	0.09%	0.05%	0.05%	0.05%	0.05%	0.02%	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.03%	0.00%	Under 0.01%	0.01%	0.01%	0.01%	0.03%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	Under 0.01%	Under 0.01%	Under 0.01%	0.01%	0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Government-promoted companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Government-promoted companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	0.01%	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	12.61%	12.91%	13.76%	14.29%	19.01%	18.48%	18.66%	17.26%	15.79%	15.89%	15.88%	15.88%	16.09%	15.79%	15.87%	18.14%	18.57%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	9.08%	9.08%	9.69%	10.56%	14.43%	14.27%	15.15%	14.39%	13.64%	13.86%	14.00%	13.94%	14.26%	13.85%	14.04%	15.77%	16.36%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.25%	2.57%	2.69%	2.58%	3.07%	2.77%	2.12%	1.60%	1.14%	1.04%	0.94%	1.01%	0.87%	0.85%	0.70%	1.01%	1.12%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.37%	0.49%	0.49%	0.40%	0.63%	0.50%	0.48%	0.40%	0.27%	0.26%	0.24%	0.25%	0.21%	0.23%	0.27%	0.27%	0.24%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.30%	0.23%	0.35%	0.41%	0.44%	0.46%	0.48%	0.49%	0.43%	0.42%	0.40%	0.39%	0.39%	0.39%	0.39%	0.40%	0.40%
Foreign nationals	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.61%	0.55%	0.54%	0.35%	0.43%	0.49%	0.43%	0.37%	0.30%	0.31%	0.29%	0.30%	0.35%	0.47%	0.47%	0.70%	0.46%
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.01%	Under 0.01%	0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.39%	0.33%	0.37%	0.33%	0.42%	0.43%	0.37%	0.33%	0.27%	0.27%	0.26%	0.27%	0.25%	0.24%	0.24%	0.29%	0.33%
Employees	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	0.01%	0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.09%	0.11%	0.03%	0.01%	Under 0.01%	0.05%	0.04%	0.03%	0.01%	0.02%	0.02%	0.02%	0.09%	0.22%	0.21%	0.39%	0.10%
Others	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.12%	0.10%	0.12%	–	–	Under 0.01%	Under 0.01%	–	Under 0.01%	Under 0.01%	–	–	–	–	–	–	–
Foreign Portfolio Investor (Category - III)	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	–	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
IEFP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	–	–	–	–	–	–	–
Shares in issue	2,08,50,20,100	2,08,50,20,100	2,08,50,20,100	2,08,50,20,100	2,08,50,20,100	2,08,50,20,100	2,08,50,20,100	2,08,50,20,100	2,08,50,20,100	2,08,50,20,100	2,08,50,20,100	2,08,50,20,100	2,08,50,20,100	2,08,50,20,100	2,08,50,20,100	2,08,50,20,100	2,08,50,20,100	2,08,50,20,100	2,08,50,20,100	2,08,50,20,100	2,08,50,20,100	2,08,50,20,100	2,08,50,20,100	2,08,50,20,100	2,08,50,20,100	2,08,50,20,100	2,08,50,20,100	2,08,50,20,100	2,08,50,20,100	2,08,50,20,100	2,08,50,20,100
Shares locked in	–	–	–	–	1,83,15,62,820	41,70,04,020	41,70,04,020	41,70,04,020	41,70,04,020	41,70,04,020	41,70,04,020	41,70,04,020	41,70,04,020	0	0	0	0	0	0	0	0	0	0	0	0	–	–	–	–	–	–
Promoters' shares locked in	–	–	–	–	1,83,15,62,820	41,70,04,020	41,70,04,020	41,70,04,020	41,70,04,020	41,70,04,020	41,70,04,020	41,70,04,020	41,70,04,020	0	0	0	0	0	0	0	0	0	0	0	0	–	–	–	–	–	–

Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.

Number of Rail Vikas Nigam shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

Shareholders	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
All shareholders	7	1,19,747	1,28,596	1,49,252	1,77,379	2,31,659	2,87,229	2,88,990	3,66,354	4,00,866	4,37,074	5,31,174	5,63,523	5,79,899	5,66,880	6,60,435	7,20,323	8,86,922	13,41,098	13,97,699	18,44,551	20,74,709	22,96,188	23,17,903	23,71,568	22,90,745	22,79,946	22,07,488	21,90,491	22,10,914	21,79,407
	7	7	7	7	7	7	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Indian promoters	7	7	7	7	7	7	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
	–	1,19,740	1,28,589	1,49,245	1,77,372	2,31,652	2,87,228	2,88,989	3,66,353	4,00,865	4,37,073	5,31,173	5,63,522	5,79,898	5,66,879	6,60,434	7,20,322	8,86,921	13,41,097	13,97,698	18,44,550	20,74,708	22,96,187	23,17,902	23,71,567	22,90,744	22,79,945	22,07,487	21,90,490	22,10,913	21,79,406
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	39	65	52	82	93	88	97	122	372	412	417	415	406	413	410	137	127
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	37	57	46	71	77	74	89	112	349	391	396	395	390	396	395	131	122
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	8	6	11	16	14	8	10	23	21	21	20	16	17	15	6	5
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5	11	14	17	26	34	34	41	42	43	38	37	36	38	37	40	39
Mutual funds	–	3	6	6	3	3	4	6	5	5	5	5	6	5	4	6	10	10	12	17	17	18	20	21	21	20	20	21	21	24	23
Insurance companies	–	1	2	2	2	2	–	–	2	1	1	1	1	1	1	1	3	3	6	6	7	9	13	13	12	12	12	10	9	10	10
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	1	3	2	2	2	4	1	1	1	2	3	1	1
Alternative investment funds	–	3	3	1	1	1	1	1	–	–	0	0	0	0	0	3	0	1	2	3	2	4	4	2	1	1	1	2	1	1	1
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	1	1	3	5	5	6	8	3	3	3	3	2	3	3	4	4
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	1	1	1	1	1	2	2	2
Government-promoted companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	2	2	2
Government-promoted companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	1	1	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5,66,835	6,60,358	7,20,256	8,86,822	13,40,978	13,97,576	18,44,419	20,74,545	22,95,773	23,17,446	23,71,111	22,90,291	22,79,502	22,07,035	21,90,041	22,10,734	21,79,238
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5,57,848	6,51,151	7,09,797	8,74,874	13,23,727	13,78,915	18,23,064	20,49,746	22,70,838	22,91,926	23,45,498	22,64,415	22,53,550	21,81,312	21,63,998	21,83,337	21,51,376
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	737	754	816	809	980	885	725	640	486	434	402	437	381	372	347	475	517
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	530	617	661	817	1,240	1,300	1,382	1,728	1,372	1,379	1,324	1,364	1,328	1,268	1,239	1,321	1,364
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2,472	2,487	2,946	5,387	7,839	8,762	10,880	13,271	13,811	14,162	14,296	14,300	14,464	14,437	14,739	15,013	15,029
Foreign nationals	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	1	1	2	1	1	1	1
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5,247	5,347	6,034	4,933	7,190	7,712	8,366	9,158	9,264	9,543	9,588	9,772	9,775	9,643	9,715	10,585	10,949
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	11	12	10	10	13	13	15	20	18	18	18	18	19	17	17	17	19
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3,989	3,905	4,319	4,872	7,122	7,592	8,246	9,033	9,010	9,287	9,343	9,529	9,528	9,396	9,482	10,323	10,685
Employees	–	–	–	–	–	–	–	–	–	–	–	–	–	–	51	40	40	36	35	34	32	29	28	26	25	26	24	23	21	21	20
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	96	117	68	15	19	72	72	76	60	70	65	66	63	64	57	62	54
Others	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1,100	1,273	1,597	–	–	1	1	–	2	2	–	–	–	–	–	–	–
Foreign Portfolio Investor (Category - III)	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	–	–	–	–	–	2	2	2	2	2	3	3
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	146	–	135	131	139	141	136	159	168
IEFP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	140	–	–	–	–	–	–	–

Rail Vikas Nigam promoters

Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is PRESIDENT OF INDIA, 72.84%.Promoter buying and selling

Holder
PRESIDENT OF INDIACentral and state governments	72.84%	1,51,87,43,694

No promoter shares are reported as pledged.

Largest public holders of Rail Vikas Nigam, filing by filing

Per cent, on the same shares as the split above.Mutual funds holding Rail Vikas Nigam

Holder	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
LIFE INSURANCE CORPORATION OF INDIAInsurance companies	1.94%	1.68%	–	–	–	–	–	8.72%	8.72%	8.72%	8.51%	8.17%	8.14%	7.31%	6.38%	6.38%	5.65%	5.62%	5.87%	6.00%	6.44%	5.96%	5.81%	5.84%	6.06%	6.12%	6.12%	6.12%	6.12%	5.74%

A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here: each fund's holding is on the Mutual funds tab, from its own portfolio. A dash is a filing that did not name the holder, which includes holding under one per cent.

Who moved in the Sep 2026 filing

Against the Jun 2026 filing. A filing names a public holder only at 1% or more, so a holder no longer named fell under 1% or sold out.

Indian institutions: LIFE INSURANCE CORPORATION OF INDIA 5.74%, −0.38 pts