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Reliance Nippon Life Asset Management IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 1542.24 Cr. The company is based in Mumbai and caters to Banking And Finance sector. Axis Capital , Clsa India , Edelweiss Financial Services , IIFL Securities , SBI Capital Markets , Yes Bank are the merchant bankers of Reliance Nippon Life Asset Management IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 18th August 2017.
Reliance Nippon Life Asset Management IPO open date is 25th October 2017 and close date is 27th October 2017. IPO Allotment Date is 1st November 2017 and Listing date is 6th November 2017.
IPO
Size:
₹ 1542.24 Cr.
Avg IPO Size (Sector Based)
: ₹
1,911.46 cr.
Sector: Banking And Finance
IPO so far:
80
Merchant Banker:
Axis Capital
IPO by BRLM so far:
163
City:
Mumbai
IPO so far:
189
Revenue (annualised):
₹
1579.20
cr. 
PE
Ratio:
43.90x
Average Sector PE Ratio: 20.65x
Reliance Nippon Life Asset Management IPO size is ₹ 1542.24 Cr. with IPO price of ₹ 252.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Axis Capital Limited is the book-running lead manager of the Reliance Nippon Life Asset Management IPO. Kfin Technologies Limited is the Registrar for Reliance Nippon Life Asset Management IPO.
Reliance Nippon Life Asset Management IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Reliance Nippon Life Asset Management IPO, based in Mumbai, operates in the Banking And Finance sector with a focus on asset management companies. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Reliance Nippon Life Asset Management IPO size is ₹ 1542.24 Cr. with fresh issue size of ₹ 1,542 and Offer for sale being ₹ Nil
The IPO allotment date for Reliance Nippon Life Asset Management IPO is expected to be 1st November 2017, after the finalization of basis of allotment. Investors can check Reliance Nippon Life Asset Management IPO allotment status on the registrars website, Kfin Technologies Limited . Reliance Nippon Life Asset Management IPO refund dates are 3rd November 2017.
Reliance Nippon Life Asset Management IPO is expected to be listed on 6th November 2017.
The upper price band for the Reliance Nippon Life Asset Management IPO is set at ₹ 252.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Reliance Nippon Life Asset Management IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Reliance Nippon Life Asset Management IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 27th October 2017. After submission, funds are blocked until the basis of allotment of Reliance Nippon Life Asset Management IPO is finalised.
The merchant banker for Reliance Nippon Life Asset Management IPO is Axis Capital Limited , Clsa India Private Limited , Edelweiss Financial Services Limited , IIFL Securities Limited , SBI Capital Markets Limited , Yes Bank Limited . Axis Capital Limited , Clsa India Private Limited , Edelweiss Financial Services Limited , IIFL Securities Limited , SBI Capital Markets Limited , Yes Bank Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Reliance Nippon Life Asset Management IPO RHP for further details.
The registrar for Reliance Nippon Life Asset Management IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Reliance Nippon Life Asset Management IPO through their official website or helpline.
Reliance Nippon Life Asset Management IPO was subscribed 81.54 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 1,542.24 Cr.
Avg IPO Size (Sector Based)
:
₹ 1,911.46 Cr.
Sector: Banking And Finance
IPO so far:
80
Merchant Banker:
Axis Capital
IPO by BRLM so far:
163
City:
Mumbai
IPO so far:
189
Revenue (annualised):
₹ 1,457.60 cr.
PE
Ratio:
43.90x
Average Sector PE Ratio: 20.65x
Reliance Nippon Life Asset Management IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Reliance Nippon Life Asset Management Financial Review Page
Merchant Banker(s) of Reliance Nippon Life Asset Management IPO: Axis Capital Limited , Clsa India Private Limited , Edelweiss Financial Services Limited , IIFL Securities Limited , SBI Capital Markets Limited , Yes Bank Limited
Reliance Nippon Life Asset Management IPO subscription was 81.54 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Reliance Nippon Life Asset Management IPO listed at a listing price of 284.00 against the offer price of 252.00.
The current market price of Reliance Nippon Life Asset Management is 841.45.
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