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Track all the latest updates and news of Reliance Nippon Life IPO.
April 23, 2024 7:57:05 AM
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Published by : cnbctv18Reliance Nippon Life IPO Listing Date & Info:
› Listing Date: Monday, November 6, 2017
› BSE Script Code: 540767
› NSE Symbol: RNAM
› Listing In: B Group of Securities
› ISIN: INE298J01013
› Issue Price: Rs 252 Per Equity Share
› Face Value: Rs 10 Per Equity Share
Reliance Nippon Life Asset Management Ltd IPO to open on Oct 25, 2017 and close for subscription on Oct 27, 2017. The price band for the issue has been fixed at Rs 247 at lower level and Rs 252 at upper level. The equity shares of the company to be list at BSE and NSE.
Reliance Nippon Life Asset Management Ltd is entering in the capital market with an IPO comprises fresh Issue of 24,480,000 Equity Shares of Rs 10 and Offer for Sale of 36,720,000 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 247 at lower level and Rs 252 at upper level.
Reliance Nippon Life Asset Management Ltd is Mumbai, India based asset management company. Company has market share of over 11.4% in mutual funds offerings in India. Reliance Nippon Life is ranked the 2nd most profitable asset management company in India.
The issue opens on Oct 25, 2017 and closes for subscription on Oct 27, 2017. The equity shares of the issue are proposed to be list on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
The Reliance Nippon Life IPO is proposed to open on October 25, 2017. The IPO application ends on October 27, 2017.
Retail investors can apply in the retail or non-institutional investor category from October 25, 2017 to October 27, 2017. The Reliance Nippon Life IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The Reliance Nippon Life IPO will open for subscription on October 25, 2017. The public issue will close on October 27, 2017.
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