CPSE ETF FFO 4 Dates, Price Band, Market Lot, Allotment, Discount Details

IPO Initial Public Offerings
CPSE ETF Further Fund Offer 4 (FFO 4) ipo is going to hit the market on 19 March 2019. The anchor investors bidding is on 19 March 2019. CPSE ETF FFO 4 to start from 19-March-2019 and close on 22-March-2019. Reliance Nippon Life Asset Management has filed Scheme Information Document paper with SEBI for CPSE-ETF FFO-4. The CPSE ETF 4 to raise around 3500 crore from FFO. Minimum Investment starts from Rs.5000 and then after in multiples of Rs.1. Government already raised 17,000 crore via CPSE ETF 3rd tranche in November 2018. CPSE ETF includes ONGC, Coal India, IOC, Oil India, PFC, REC and Bharat Electronics and it is managed by Reliance Nippon Life Asset Management Limited.


CPSE ETF Review:

  • Good for Short Term and Long Term

CPSE ETF Dates & Price Band: (Approx)

  • IPO Open: 20-March-2019
  • IPO Close: 22-March-2019 (Upto 3PM)
  • IPO Size: Approx ₹ 3500 Crore (Approx)
  • Discount: 4% Discount
  • Category:

CPSE ETF Market Lot:

  • Minimum Application: ₹ 5,000
  • Maximum Application: ₹ 2,00,000
CPSE ETF Allotment (FFO 4):

  • Allotment Date: 29-March-2019
  • Allotment Price: ₹ 25.484
  • Retail Allotment: Got 7848 Units for 2 Lakh Application

CPSE ETF FFO 4 Promoters:

Having more than 52% government holding (stake via Govt. of India or President of India) under promoter category.

Name of Mutual Fund:
  • Reliance Mutual Fund (RMF)
Name of Asset Management Company:
  • Reliance Nippon Life Asset Management Limited (RNAM)
  • CIN : L65910MH1995PLC220793
Name of Truestee Company:
  • Reliance Capital Trustee Co. Limited (RCTC)
  • CIN : U65910MH1995PLC220528
CPSE ETF Documents Required:
  • PAN Card Number
  • KYC Copy
  • Client Master
How to Apply Reliance CPSE ETF: Click Here
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