Reliance Nippon Life Asset Management Limited IPO

NSE, BSEClosed

Oct 25, 2017Open Date

Oct 27, 2017Close Date

TBAAllotment Date

Nov 6, 2017Listing Date

Subscription Details

QIB118.41x

Retail5.39x

NIIs (Non-Institutional Investors)Main Category

209.44x

Overall Subscription

Total Bids Received

81.41x

Updated: 10 Jul, 06:10 pm

Issue PriceRs 247 - Rs 252 Per Equity Share

Face Value₹Rs 10 Per Equity Share

Listing AtNSE, BSE

Listing DateNov 6, 2017

RoNW

21%

1Offer for SaleCompany will not receive any proceeds from the Offer for Sale.
2Fresh Issue(a) Setting up new branches and relocating certain existing branches(b) Upgrading the IT system(c) Advertising, marketing and brand building activities(d) Lending to our Subsidiary (Reliance AIF) for investment as continuing interest in the new AIF schemes managed by Reliance AIF(e) Investing towards our continuing interest in new mutual fund schemes managed by us(f) Funding inorganic growth and other strategic initiatives(g) Meeting expenses towards general corporate purposes