*RELIANCE NIPPON LIFE ASSET MANAGEMENT LIMITED* Final DAY SUBS.FIGURE AT 12:45 P.M. QIB 18.04X* NII 22.75X RII 3.63X TOTAL 11.85X *Excluding Anchor
Total No.of FORMS : 1039674 *Apps Wise : 2.86X*
547. R R Patel| Link| Bookmark|
October 27, 2017 1:37:36 PM
IPO Mentor (800+ Posts, 3400+ Likes)
Reliance Nippon Life Asset Management Ltd. IPO: Subscription figures on day 3 @12:30pm:- QIB - 16.72X** HNI - 20.36X Retail - 3.59X Total - 10.94X **Excluding Anchor I am applying for listing gain and will remain some portion for long term by ignoring ADAG but keeping in mind the Nippon and this sector.
547.1. sugreev| Link| Bookmark|
October 27, 2017 1:46:16 PM
Top Contributor (200+ Posts, 200+ Likes)
You can sell the shares for listing gain only if you are allotted the shares, which is a remote possibility..... Rather you may purchase after listing for long term gain.
Wish to become a sub broker (which brokerage house) best for ipos n trading people sell ipo application, so where to re-sell forward and other details. pls anyone Hansi (Haryana)
544. P M| Link| Bookmark|
October 27, 2017 1:42:39 PM
(1100+ Posts, 1100+ Likes)
As mentioned earlier, its not comparable with RPower / Rcom. This AMC Sector is going to be block buster for coming time. Those who are scared or dont want to take risk either can sell in grey mkt. I am going to apply ...
Fully agree with the statement as fd rates are decreasing people are turning out to invest in Mutual funds. So this sector would be the block buster in coming months.
Though I am yet to make my mind on whether to invest in this or not, i see a big difference from RPower. In 2008, RPower was just on paper, nothing in the name of actual business while Reliance Nippon has a history and currently number 3 in the MF business. But all the reasons i am trying to find to apply are getting shot by ADAG''s ability to destroy wealth :)
Total ------------------------------------------------------------ 10.16x
533. R R Patel| Link| Bookmark|
October 27, 2017 12:37:22 PM
IPO Mentor (800+ Posts, 3400+ Likes)
Reliance Nippon Life Asset Management Ltd. IPO: Subscription figures on day 3 @11:30am:- QIB - 13.95X HNI - 19.95X Retail - 3.31X Total - 9.92X I am applying for listing gain and will remain some portion for long term by ignoring ADAG but keeping in mind the Nippon and this sector.
In bid 1,type 59 in bid quantity and then select cut off price That''s it! As retail portion is already oversubscribed you will get only one lot if at all allotted so better to apply only for one lot. Hope it helps...