Maharashtra, India.
Initial public offering of 61,200,000 equity shares of face value of (₹)10 ("Equity Shares") of Reliance Nippon Life Asset Management Ltd ("Company" or "Issuer") for cash at a price of (₹)252 per equity share including a share premium of (₹) 242 per equity share (The "Offer Price"), aggregating to (₹) 1542.24 Crores (The "Offer") comprising a fresh issue of 24,480,000 equity shares by the company aggregating up to (₹) 616.90 Crores (The "Fresh Issue") and an offer for sale of 36,720,000 equity shares aggregating to (₹)925.34 Crores by the selling shareholders. The offer shall constitute 10% of the Post-Offer paid-up equity share capital of the company.
The anchor investor offer price is (₹)252 per equity share. The face value of the equity share is (₹)10. The offer price is (₹)252 per equity share and is 25.20 times the face value of the equity share.
Minimum Application for shares in Nos :
59
Further Multiples of :
59
(Rs.Cr)
Lead Managers to the Issue
Project Cost
616.90
Axis Capital Ltd