Reliance Nippon Life IPO Subscription Details

Bookbuilding IPO | ₹1,542 Cr | Listed at BSE, NSE | Wed, Oct 25, 2017 - Fri, Oct 27, 2017

Basis of Allotment - Reliance Nippon Life IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)1,22,40,0001,83,60,0003,06,00,00091,80,0002,14,20,0006,12,00,000
Allotment price (Rs.)252252252252252252
No.of applications197352321,60815,59,74215,61,582
No.of shares applied1,43,52,94,2391,86,55,2101,45,39,49,4491,93,21,47,22211,54,32,0843,50,15,28,755
Amount collected (Rs.cr.)36,169.41 470.11 36,639.53 48,690.11 2,908.89 88,238.52
No.of times subscribed117.261.0247.51210.475.3957.21
No.of shares allotted1,22,40,0001,83,60,0003,06,00,00091,80,0002,14,20,0006,12,00,000
Amount (Rs.cr.)308.45 462.67 771.12 231.34 539.78 1,542.24
No.of allottees197352329543,63,0503,64,236

IPO Shares Offered

Reliance Nippon Life IPO is a public issue of 6.12 Cr equity shares. The issue offers 2.14 Cr shares to retail investors, 3.06 Cr shares to qualified institutional buyers, and 0.92 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 3,06,00,000771.12 50.00%
    Anchor 1,83,60,000 462.67 30.00%
    QIB (Ex Anchor) 1,22,40,000 308.45 20.00%
NII 91,80,000231.34 15.00%
Retail2,14,20,000539.78 35.00%
Total6,12,00,0001,542.24 100%

Reliance Nippon Life IPO Anchor Investor Allocation

A total of 1,83,60,000 shares at a price of Rs 252 per share will be allotted to the anchor investors.

Anchor investors bid opening dateOct 24, 2017
Anchor investor price₹252.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days91,80,000
No. of shares locked-in for 90 days91,80,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 ABU DHABI INVESTMENT AUTHORITY-BEHAVE ABU DHABI INVESTMENT 13,88,860 35.00 7.56 2.27
2 KUWAIT INVESTMENT AUTHORITY FUND 225 KUWAIT INVESTMENT AUTHORITY 3,96,834 10.00 2.16 0.65
3 MORGAN STANLEY INVESTMENT FUNDS INDIAN EQUITY FUND MORGAN STANLEY 11,90,502 30.00 6.48 1.95
4 FIL INVESTMENTS (MAURITIUS) LTD. FIDELITY 7,93,668 20.00 4.32 1.30
5 THREADNEEDLE INVESTMENT FUNDS ICVC-ASIA FUND THREADNEEDLE 5,95,251 15.00 3.24 0.97
6 THREADNEEDLE INDIA FUND LTD. THREADNEEDLE 1,98,443 5.00 1.08 0.32
7 EASTSPRING INVESTMENTS-INDIA CONSUMER EQUITY OPEN LTD. EASTSPRING 3,96,834 10.00 2.16 0.65
8 HDFC BALANCED ADVANTAGE FUND HDFC MUTUAL FUND 9,92,380 25.01 5.41 1.62
9 HDFC EQUITY SAVINGS FUND HDFC MUTUAL FUND 1,98,122 4.99 1.08 0.32
10 ADITYA BIRLA SUN LIFE BANKING & FINANCIAL SERVICES FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 1,98,417 5.00 1.08 0.32
11 ADITYA BIRLA SUN LIFE MIDCAP FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 5,15,896 13.00 2.81 0.84
12 ADITYA BIRLA SUN LIFE DIVIDEND YIELD FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 3,96,834 10.00 2.16 0.65
13 ADITYA BIRLA SUN LIFE INDIA EXCEL (OFFSHORE) FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 79,355 2.00 0.43 0.13
14 SBI BANKING & FINANCIAL SERVICES FUND SBI MUTUAL FUND 1,78,534 4.50 0.97 0.29
15 SBI RESURGENT INDIA OPPORTUNITIES FUND SBI 39,707 1.00 0.22 0.06
16 SBI EQUITY SAVINGS FUND SBI MUTUAL FUND 1,38,886 3.50 0.76 0.23
17 SBI ELSS TAX SAVER FUND SBI MUTUAL FUND 5,15,896 13.00 2.81 0.84
18 SBI LARGE & MIDCAP FUND SBI MUTUAL FUND 1,98,417 5.00 1.08 0.32
19 SBI LONG TERM ADVANTAGE FUND-SERIES IV SBI MUTUAL FUND 79,355 2.00 0.43 0.13
20 SBI EQUITY OPPORTUNITIES FUND-SERIES I SBI MUTUAL FUND 39,707 1.00 0.22 0.06
21 UTI BANKING & FINANCIAL SERVICES FUND UTI MUTUAL FUND 5,81,386 14.65 3.17 0.95
22 UTI FOCUSED FUND UTI MUTUAL FUND 2,12,282 5.35 1.16 0.35
23 DSP LARGE & MID CAP FUND DSP MUTUAL FUND 7,93,668 20.00 4.32 1.30
24 BANDHAN BALANCED ADVANTAGE FUND BANDHAN MUTUAL FUND 1,19,003 3.00 0.65 0.19
25 BANDHAN LARGE & MID CAP FUND BANDHAN MUTUAL FUND 4,56,365 11.50 2.49 0.75
26 360 ONE FOCUSED FUND 360 ONE MUTUAL FUND 3,96,834 10.00 2.16 0.65
27 ICICI PRUDENTIAL LIFE INSURANCE CO.LTD. ICICI PRUDENTIAL LIFE INSURANCE 11,90,502 30.00 6.48 1.95
28 BAJAJ ALLIANZ LIFE INSURANCE CO.LTD. BAJAJ ALLIANZ LIFE INSURANCE 3,96,834 10.00 2.16 0.65
29 PICTET-INDIAN EQUITIES PICTET 6,01,741 15.16 3.28 0.98
30 INDUS INDIA FUND (MAURITIUS) LTD. INDUS 7,14,313 18.00 3.89 1.17
31 VALIANT MAURITIUS PARTNERS OFFSHORE LTD. VALIANT MAURITIUS PARTNERS 4,14,298 10.44 2.26 0.68
32 VALIANT MAURITIUS PARTNERS LTD. VALIANT MAURITIUS PARTNERS 3,00,015 7.56 1.63 0.49
33 MSD INDIA FUND LTD. MSD INDIA 3,96,834 10.00 2.16 0.65
34 COPTHALL MAURITIUS INVESTMENT LTD. COPTHALL 11,90,502 30.00 6.48 1.95
35 BNP PARIBAS ARBITRAGE BNP PARIBAS 20,63,525 52.00 11.24 3.37
1,83,60,000462.6710030.00

IPO Subscription FAQs

The Reliance Nippon Life IPO is subscribed 81.54 times by Oct 27, 2017 23:30.

Reliance Nippon Life IPO Subscription

Investor Category Subscription (times)
Qualified Institutional118.4
Non Institutional209.44
Retail Individual5.65
Total Subscription81.54

Retail category of Reliance Nippon Life IPO subscribed 5.65 times as of date Oct 27, 2017 23:30. The public issue closes on Fri, Oct 27, 2017 for bidding.

An investor can apply in Reliance Nippon Life IPO online via bank (using ASBA) or the broker (using UPI). The Reliance Nippon Life IPO shares are offered online only.

The Reliance Nippon Life IPO is subscribed 81.54 times by Oct 27, 2017 23:30.

The Reliance Nippon Life IPO allotment status is expected on or around Wednesday, November 1, 2017. Visit Reliance Nippon Life IPO allotment status to check.

The Reliance Nippon Life IPO listing date is November 6, 2017. The equity share of Reliance Nippon Life IPO will list on BSE, NSE.

Visit Reliance Nippon Life IPO subscription status page for real-time bidding information about Reliance Nippon Life IPO.

Reliance Nippon Life IPO Timetable

IPO opens OnWednesday, October 25, 2017
IPO Closes OnFriday, October 27, 2017
Finalisation of Basis of AllotmentWednesday, November 1, 2017
Initiation of RefundsFriday, November 3, 2017
Credit of Shares to Demat AccountFriday, November 3, 2017
IPO Listing DateMonday, November 6, 2017
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