📅Offer Date: 25 Oct 2017 – 27 Oct 2017
Data sourced from BSE & NSE · Last updated
Reliance Nippon Life Asset Management Limited IPO was subscribed 81.41x in total when bidding closed on 27 Oct 2017, with 118.41x in the QIB category, 209.44x in NII, 5.39x in retail. The issue ran from 25 Oct 2017 to 27 Oct 2017 at a price band of ₹247.00–₹252.00 per share.
Times subscribed by category against the 1× line.
Based on retail subscription (5.39x). Final allotment decided by registrar's computerised lottery.
| Category | Offer | Applied | Times |
|---|---|---|---|
| QIBs | 1,22,40,000 | 1,44,93,38,400 | 118.41x |
| NIIs | 91,80,000 | 1,92,26,59,200 | 209.44x |
| Retail | 2,14,20,000 | 11,54,53,800 | 5.39x |
| Total | 4,28,40,000 | 3,48,76,04,400 | 81.41x |
| Category | Offered | Demand | Times |
|---|---|---|---|
| QIBs | 308.45 | 36523.33 | 118.41x |
| NIIs | 231.34 | 48451.01 | 209.44x |
| Retail | 539.78 | 2909.44 | 5.39x |
| Total | 1079.57 | 87883.78 | 81.41x |
Values derived from share count × issue price (₹252.00)
Because Reliance Nippon Life Asset Management Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.
NSE, BSE listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.