Reliance Nippon Life Asset Management Limited IPO

Mainboard IPOListedRNAMNSE

Current Market Price (CMP)

₹252

Current Price (CMP)

₹252

Live Market Quote

Listing Price & Gain

Awaiting Listing

Day 1 Exchange Open

IPO Issue Price

₹252

Band: ₹247 - ₹252

Total Subscription

81.54x

Overall Bid Demand

Total Issue Size

—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens

25 Oct 2017

IPO Bidding Closes

27 Oct 2017

Allotment & Refunds

Completed

Exchange Listing Day

06 Nov 2017

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 81.54x

Investor Category	Subscription	Shares Offered	Shares Bid
Qualified Institutional Buyers (QIB)	118.4x	1,22,40,000	1,44,92,70,218
Non-Institutional Investors (NII / HNI)	209.44x	91,80,000	1,92,26,59,668
Retail Individual Investors (RII)	5.65x	2,14,20,000	12,10,37,556
Total Subscription	81.54x	4,28,40,000	3,49,29,67,442

Updated as on 27 Oct 2017 at 2330 hrs.

Listing Day & Return Performance

Listing Day Gain—

₹252 (Issue) → — (List)

Holding Return (Till Date)—

₹252 (Issue) → ₹252 (CMP)

Net gain per share: +₹0.00

Post-Listing Performance (Listing Day → Today):—

About Reliance Nippon Life Asset Management Limited IPO

Reliance Nippon Life Asset Management Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 25 Oct 2017 and concluded on 27 Oct 2017, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹247 - ₹252.

During the bidding window, Reliance Nippon Life Asset Management Limited witnessed heavy demand with an overall subscription of 81.54 times. Institutional investors (QIB) subscribed 118.4x, non-institutional high-net-worth investors (NII) subscribed 209.44x, and retail individual investors (RII) bid 5.65x their reserved quota.

Reliance Nippon Life Asset Management Limited IPO is upcoming. Stay tuned for official announcements regarding the bidding schedule, anchor investor allotment, and formal listing dates on NSE.

Frequently Asked Questions

What was the issue price or price band of Reliance Nippon Life Asset Management Limited IPO?

The issue price of Reliance Nippon Life Asset Management Limited IPO was fixed at ₹252 per equity share. The indicative bidding price band was ₹247 - ₹252.

What were the open, close, and listing dates for Reliance Nippon Life Asset Management Limited IPO?

Reliance Nippon Life Asset Management Limited IPO opened on 25 Oct 2017, closed on 27 Oct 2017, listed on 06 Nov 2017.

How much was Reliance Nippon Life Asset Management Limited IPO subscribed?

The IPO received an overall subscription of 81.54 times. Category-wise, QIBs subscribed 118.4x, NIIs subscribed 209.44x, and Retail investors subscribed 5.65x.

Is Reliance Nippon Life Asset Management Limited IPO a Mainboard or SME IPO?

Reliance Nippon Life Asset Management Limited IPO is a Mainboard IPO listed on the main exchange of NSE.