Reliance Nippon Life IPO Dates, Price Band, Market Lot Details

Reliance Nippon Life IPO Review:

• Apply for Listing Gain & Long Term Gain

Reliance Nippon Life IPO Dates & Price Band: (Approx)

• IPO Open: 25-October-2017
• IPO Close: 27-October-2017
• IPO Size: Approx Rs. 1542 Crore (Approx)
• Face Value: Rs. 10 Per Equity Share
• Price Band: Rs. 247 to 252 Per Share
• Listing on: BSE & NSE
• Retail Portion: 35%
• Equity: 6,12,00,000 Shares

Reliance Nippon Life IPO Market Lot:

• Shares: Apply for 59 Shares (Minimum Lot Size)
• Amount: Rs. 14,868

Reliance Nippon Life IPO Allotment & Listing:

• Basis of Allotment: 1-November
• Refunds: 3-November
• Credit to demat accounts: 3-November
• Listing: 6-November

Reliance Nippon Life Financial:
Reliance Nippon Life has good growth since 2017 and it shows in below results. Their assets increased yoy but look at revenues its almost doubled in 2017 compare to 2013. The steady revenue gave steady PAT as well. It is doubled since 2013 while increased around 5% compared to 2016. It will be great to see the growth in next year how it will come but till now it looks good to go.

Company Promoters:

• RELIANCE CAPITAL LIMITED
• NIPPON LIFE INSURANCE COMPANY

Quick Links:
DRHP Draft Prospectus

Reliance Nippon Life IPO Registrar:
Karvy Computershare Private Limited
Karvy Selenium Tower B Plot 31-32,
Gachibowli Financial District, Nanakramguda
Hyderabad 500 032, India
Tel: +91 40 6716 2222
Fax: +91 40 2343 1551
E-mail: [email protected]
Investor Grievance E-mail: [email protected]
Website: https://karisma.karvy.com
Contact Person: M. Murali Krishna
SEBI Registration No.: INR00000021
Reliance Nippon Life IPO Lead Managers:

• JM Financial Institutional Securities Limited
• CLSA India Private Limited
• Nomura  Financial  Advisory  and  Securities  (India) Private Limited
• Axis Capital Limited
• Edelweiss Financial Services Limited
• IIFL Holdings Limited
• SBI Capital Markets Limited
• YES Securities (India) Limited

Company Address:
Reliance Nippon Life
Reliance Centre, 7th Floor, South Wing,
Off Western Express Highway, Santacruz (East),
Mumbai 400 055, Maharashtra
Contact Person: Deepak Mukhija
Company Secretary and Compliance Officer for the Offer
Tel: + 91 22 3303 1000
Fax: +91 22 3303 7662
E-mail: [email protected]
Website: www.reliancemutual.com
Corporate Identity Number: U65910MH1995PLC220793