Reliance Nippon IPO Allotment Status Online, Reliance Nippon Life IPO Allotment Date & Details

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Reliance Nippon Life AM IPO was good to get superb subscription numbers. One can remember Reliance Power and it was a time for a market highs but this time the scenario is different. Reliance Nippon gmp is good while price band seems to be on a safe side. It was subscribed 5.65 times in retail while 118.40 times in QIB and 209.44 times in HNI. We can expect a good listing on the cards but lets see how market will react on coming days. Check out Reliance Nippon Life IPO Allotment Status online. You can check Reliance Nippon IPO Allotment via Application Number or Pan Card.

Checkout Reliance Nippon Life ipo allotment dates and latest grey market premium as well.

Reliance Nippon IPO Allotment Date:  Allotment is out

Reliance Nippon IPO Listing Date: 06-Nov-2017
Reliance Nippon IPO Basis of Allotment: 9:2

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Note: Reliance Nippon IPO Allotment Status will be available when ever Registrar of IPO will put on their official sites.

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Reliance Nippon Life IPO Subscription: (Fully Subscribed)

Day 16.1311.380.90N/A4.64
Day 2 9.8016.162.38N/A7.45
Day 3 118.40209.445.65N/A81.54

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
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0 Responses

  1. I applied for 767 shares (13 lots) in Retail but not got any allotment. I would like to know what is the basis of allotment? When retail portion got oversubscribed 5.2 times, I should get at least 2 lots. May be they have a criteria. All I want is to know what is the criteria.

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