Bookbuilding IPO | ₹1,542 Cr | Listed at BSE, NSE | Wed, Oct 25, 2017 - Fri, Oct 27, 2017
| Category | QIB | NII | Retail | Total | ||
|---|---|---|---|---|---|---|
| Ex. Anchor | Anchor Investor | Total QIB | ||||
| Allocation (No. of shares) | 1,22,40,000 | 1,83,60,000 | 3,06,00,000 | 91,80,000 | 2,14,20,000 | 6,12,00,000 |
| Allotment price (Rs.) | 252 | 252 | 252 | 252 | 252 | 252 |
| No.of applications | 197 | 35 | 232 | 1,608 | 15,59,742 | 15,61,582 |
| No.of shares applied | 1,43,52,94,239 | 1,86,55,210 | 1,45,39,49,449 | 1,93,21,47,222 | 11,54,32,084 | 3,50,15,28,755 |
| Amount collected (Rs.cr.) | 36,169.41 | 470.11 | 36,639.53 | 48,690.11 | 2,908.89 | 88,238.52 |
| No.of times subscribed | 117.26 | 1.02 | 47.51 | 210.47 | 5.39 | 57.21 |
| No.of shares allotted | 1,22,40,000 | 1,83,60,000 | 3,06,00,000 | 91,80,000 | 2,14,20,000 | 6,12,00,000 |
| Amount (Rs.cr.) | 308.45 | 462.67 | 771.12 | 231.34 | 539.78 | 1,542.24 |
| No.of allottees | 197 | 35 | 232 | 954 | 3,63,050 | 3,64,236 |
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.
| Category | Shares Offered | Amt (₹ Cr.) | Size (%) |
|---|---|---|---|
| QIB | 3,06,00,000 | 771.12 | 50.00% |
| Anchor | 1,83,60,000 | 462.67 | 30.00% |
| QIB (Ex Anchor) | 1,22,40,000 | 308.45 | 20.00% |
| NII | 91,80,000 | 231.34 | 15.00% |
| Retail | 2,14,20,000 | 539.78 | 35.00% |
| Total | 6,12,00,000 | 1,542.24 | 100% |
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 date | Oct 24, 2017 |
| Anchor investor price | ₹252.00 |
| Anchor investors as % of QIBs | 60.00% |
| No. of shares locked-in for 30 days | 91,80,000 |
| No. of shares locked-in for 90 days | 91,80,000 |
📑 Anchor Investor Allotment Letter
📊 Historic report - IPOs Anchor Investors Investment & Performance
The Reliance Nippon Life IPO is subscribed 81.54 times by Oct 27, 2017 23:30.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutional | 118.4 |
| Non Institutional | 209.44 |
| Retail Individual | 5.65 |
| Total Subscription | 81.54 |
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.
| IPO opens On | Wednesday, October 25, 2017 |
| IPO Closes On | Friday, October 27, 2017 |
| Finalisation of Basis of Allotment | Wednesday, November 1, 2017 |
| Initiation of Refunds | Friday, November 3, 2017 |
| Credit of Shares to Demat Account | Friday, November 3, 2017 |
| IPO Listing Date | Monday, November 6, 2017 |
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