Reliance Nippon Life IPO Allotment Status Declared

Check Reliance Nippon Life IPO Allotment Status

Want to know Reliance Nippon life IPO allotment status online? In this article we shared information on how to check allotment status of Reliance Nippon Life IPO, Reliance Nippon IPO subscription, know your Reliance Nippon IPO allotment status, Price, refund date, Listing date, etc.

Reliance Nippon Life IPO Allotment Status

About Reliance Nippon Life IPO

There are huge subscription of Reliance Nippon Life IPO. At the end of last day Approx 81 times subscribe, so it is very great IPO.  At our website you can check Reliance Nippon Life IPO allotment status online. The price band for the Reliance Nippon Life IPO is between 247 to 252 Rs. Face value is Rs.10 rs, IPO size is 1500 crore approx.

Reliance Nippon Life IPO Recommendation By Expert

Marquee financiers consisting of Rakesh Jhunjhunwala, Akash Bhansali and also Nimesh Shah have actually placed in proposals for the lately shut Dependence Nippon Life Property Monitoring (RNAM) IPO, resources informed ET Currently.

The consolidated proposals from the 3 capitalists are thought to be around Rs 550 crore.

RNAM IPO, which obtained subscribed over 81 times, was opened up for membership throughout October 25 to October 27.

The Rs 1,540-crore IPO obtained quotes for 3,49,09,34,066 shares versus the complete problem dimension of 4,28,40,000 (leaving out support part), inning accordance with NSE information.

RNAM’s or Reliance Nippon Life IPO allotment status obtained 15.81 lakh applications inning accordance with records.

Anil Ambani-led Dependence Team possession administration arm had actually repaired the rate band at Rs 247-252 each share.
This was the very first preliminary share sale by a property administration business (AMC) in India though smaller sized competing UTI Mutual Fund’s IPO strategies have actually remained in the help a very long time.

Likewise, it is the initial Reliance Nippon Life IPO allotment status from the Dependence team after Dependence PowerBSE 0.37 % in 2008. Various other recognized companies of the team consist of Dependence CapitalBSE 0.88 %, Dependence House Money, Dependence Communications BSE -1.75 %, Dependence Naval as well as Design as well as.

JM Financial, CLSA, Nomura and also Axis Funding are the international planners and also publication running lead supervisors for the preliminary share sale.


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