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Reliance Nippon Life Asset Management IPO
₹284.40
+12.86% on listing
Listing-day close · NSE · 6 Nov 2017 · issue price ₹252
Reliance Nippon Life Asset Management’s ₹1,542 crore IPO was priced at ₹252 a share. It listed on the NSE on 6 Nov 2017 and closed its first day at ₹284.40, up 12.86% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Refunds
- Shares in demat
- Listing
Issue details
- Issue size
- ₹1,542 Cr
- Fresh issue
- ₹617 Cr
- Offer for sale
- ₹925 Cr
- Lot size
- 59 shares
- Minimum investment
- ₹14,868
- Face value
- ₹10
- Registrar
- Kfin Technologies
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 57.21× |
Overall, from the basis of allotment.
Financials and valuation
- Market cap (post-issue)
- ₹15,422 Cr
- Promoter holding
- 95.57% → 85.75%
From the offer documents.
Listing
- Listing date
- 6 Nov 2017
- Issue price
- ₹252
- Open
- ₹295.90
- High
- ₹299.00
- Low
- ₹278.00
- Close
- ₹284.40
Listing day on the NSE. The close was +12.86% on the issue price.
RNAM share price todayFAQs
When did the Reliance Nippon Life Asset Management IPO open and close?
It opened on 25 Oct 2017 and closed on 27 Oct 2017.
What was the Reliance Nippon Life Asset Management IPO price?
The price band was ₹247–252 a share. The final issue price was ₹252.
What is the lot size and minimum investment?
One lot is 59 shares, ₹14,868 at ₹252 a share. Retail investors apply in whole lots.
How much did Reliance Nippon Life Asset Management raise?
₹1,542 crore: ₹617 crore of new shares and ₹925 crore offered by existing shareholders.
How many times was the Reliance Nippon Life Asset Management IPO subscribed?
57.21 times overall.
How did Reliance Nippon Life Asset Management list?
It listed on the NSE on 6 Nov 2017 at ₹295.90 and closed the day at ₹284.40, up 12.86% on the ₹252 issue price.
Who is the registrar of the Reliance Nippon Life Asset Management IPO?
Kfin Technologies handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
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