Reliance Nippon Life Asset Management Ltd IPO Message Board (Page 63)

What is current GMP for this ipo?

Good one, jhk !!

Dear,

@jhk

ANIL = LINA

☺

I think avoid this ipo

*Fact*
1. Rpower collection for ipo Rs 8 lac carod, which is equal to all print currency in India till 2008
2.on that time, no internet base payment system,so amount should blocked for more then 1 months.
3. Rpower ipo size 11000 karod, but banks are get near 5000 karod in commission and interest through investors.
4. Due to blocked amount which is near about 8lac carod, the share market crashes...
*Imo*

*That''s why i send Rpower data today*

@iqbal
Yes that''s i know, but all amount are significant, and money always should in banks...!!

Dear,

@T.Agrawal

You should check this site''s (chittorgarh. com) forum at /ipo/reliance_power_ipo/128/

Just & only, peoples applied at partially payment option on maximum limits of Rs.96750 for 225 shares at Rs25875 (partially payment of Rs115 for per share)
See for reference at :- www.chittorgarh.com/ipo/ipo_feedback.asp?a=128&p=320

ADAG group is not very investor friendly for long term. But one can think about applying for this IPO for listing gain only. If anyone can see the perspective of growth then can hold.

PS: Emotional attachment with any stock or company at any degree is not healthy, whether it is positive or negative. It is my personal thought, which may or may not be agreed by someone. I only care for company profitability and growth.

If everyone is with a view of this IPO that it''s not good for long term, how the IPO is getting premium over IPO price in Grey market? I am little confused. Can someone help me understand? I lost lot of money in ADAG and want to be cautious this time and don''t want to loose money if there is no listing gains expected.

@IPOBidder, I am very much sorry to hear that you''ve lost money in ADAG stocks. I am expecting the IPO would be over subscribed by times in QIB section as per current market trend. Let me tell you what I will do, I would wait till the last date for overall subscription plus GMP, and then apply for 1 lot. If it is allotted to me, I will sell it on listing day. I did the same for SBILIFE.

From Balance sheet of Shriram Assets Management Co. Ltd.

Mutual Fund Industry as it was in FY 2016-17:
The asset base of mutual fund industry in India surged 35 per cent to all-time high of ` 18.3 lakh crore in 2016-17,
driven by growing participation from retail investors.
The assets under management (AUM) were at ` 13.53 lakh crore at the end of 2015-16. Industry experts attributed
growing participation from retail investors, especially from small towns, huge inflows into equity schemes and several
measures taken by market regulator SEBI as well as campaigns by asset management companies (AMCs).
The MF industry added more than 67 lakh investor accounts till February of last financial year which ended on March
31, taking the total number of folios to 5.4 crore.
MFs reported a net inflow of close to ` 4 lakh crore in the 11-month period of 2016-17. Of this, equity and equity- linked
savings schemes accounted over ` 62,000 crore.
Besides, income funds witnessed an inflow of ` 1.77 lakh crore and liquid funds generated ` 1.11 lakh crore.
The contribution of the country’s smaller towns known as beyond-15 cities (B15) to mutual funds’ asset base surged
around 44 per cent to over ` 3 lakh crore due to investor- friendly initiatives by SEBI.
In 41-member MF industry, 38 players witnessed an increase in AUM, while two saw a decline. Besides, Mahindra MF
was the new entrant, while JP Morgan MF exited the club.
ICICI Prudential MF is the top fund house with an asset base of ` 2,42,961 crore (excluding fund of funds) followed
by HDFC MF (` 2,37,177 crore), ????Reliance MF (2,10,890 crore)????, Birla Sun Life MF (` 1,95,049 crore) and SBI MF
(` 1,57,025 crore). ????These top 5 players account for more than 50 per cent of the ` 18.3 lakh crore AUM????.

Advise for Subscribe.

Regards
iqbal_ansari@email.com

The company is likely to raise around Rs1,800 crore, people aware of the plans said, requesting anonymity.

The proceeds from the fresh issue will be used for setting up new branches and relocating existing branches, upgrading the information technology system, advertising, lending to subsidiary Reliance AIF, investing in new mutual fund schemes managed by the company, funding inorganic growth and meeting expenses towards general corporate purposes.

@ diya. .people aware of the plans did well by requesting anonymity. if raising money to set up more offices / employing more staff in this digital transactions era is the plan, i am afraid but apart from the listing day gamble rigged by karvy and asociates, there is nothing in the offer to be excited about.
last few years have witnessed a raging bull market based on expectations high enough to scrape the skies. this can''t last for long. once the downfall begins there is going to be an avalanche of withdrawals which would make the ratios look skewed beyond all imagination and belief.
apply and if allotted sell and run. run as fast as you can..

Friends, please let me know the GMP & Kostak price.

AVOID this IPO and save capital for upcoming Mahindra Logistics IPO.
Valuation looks expensive and the reputation of group is already severely damaged. NIFTY and broader market should also consolidate after long bull run.
Play safe.

Reliance Nippon Life Asset Management Ltd, India’s third-largest mutual fund manager, on Friday filed the prospectus for its initial public offering (IPO).

The share sale will see a total stake dilution of 10%, according to the draft red herring prospectus (DRHP) available on the website of one of the investment banks managing the share sale.

A DRHP, or draft share sale document, provides information about a company, its business and promoters, how it intends to use the proceeds of an IPO, and the potential risks it faces.

The asset management company has hired JM Financial Securities Ltd, CLSA India Private Ltd, Nomura Financial Advisory and Securities (India) Pvt. Ltd, Axis Capital Ltd, Edelweiss Financial Services Limited, IIFL Holdings Limited, SBI Capital Markets Limited, YES Securities (India) Ltd and Karvy Computershare Private Ltd to manage the public offering.

The company will issue 24 million new shares to raise primary capital. Nippon Life Insurance Co. and Reliance Capital Ltd will collectively sell 36.72 million shares in the share sale.

Is there any page for buybacks also ? I request experts to share their thoughts on Infosys buybacks. If today I buy Infy shares at 930 and even half of shares are bought back at 1150, my average price for remaining half comes to 710, which seems profitable. Is there any cache here? I am not aware of exact buyback procedure, so please share your inputs or experience of any past buybacks.

Admin,
If possible please add a page for buybacks also.

On record date share mast be on ue demat ,after that company mail u buy back offer on ur registered address.

Hi,
Dear all
Happy Diwali & new year
Myself K C Gupta from Mehsana Gujarat and New one for this forum

SAAL MUBARAK TO ALL MY FOURM FRIENDS.

HAPPY DEEPAWALI TO ALL OF YOU

Hbd septa ji




Come soon yaar .....

30+ PE for a company with uncertain fee based income? imagine when the bull run ends and stocks start to fall, this will be the Usain Bolt among the losers.
at best one can apply and if karvy allots (hahaha yes that''s a real big IF isn''t it? ) dump at the opening tick.

Analyst review
Credibility and market standing of the group is at rock-bottom, wherein the Group name is actually a ‘liability’ which will definitely weigh adversely on this issue to.
At Rs. 252, company’s market cap will be Rs. 15,422 crore, which leads to PE multiple of 37x and 34x based on FY17 and FY18E earnings. Although not like-to-like comparison, listed PE fund manager IL&FS Investment rently ruling at historic PE multiple of 25x.
Poor growth in profitability and promoter pedigree make this IPO a clear avoid, despite string industry tailwinds. ADAG group stocks, have time and again, been wealth destroyers for investors, which make exposure to this group ‘A very DAring Gamble’.

RNL

Happy Diwali to One and all in the Chittorgarh Forum
Happy investing
May you all stay Invested in Love, Happiness, Wealth, Prosperity today, tomorrow and forever.

Regards,
Vinod.

शुभम करोति कल्याणम,
अरोग्यम धन संपदा,
शत्रु-बुद्धि विनाशायः,
दीपःज्योति नमोस्तुते !

आपको सपरिवार
दिवाली, गोवर्धन पूजा, भाईदूज
की हार्दिक शुभकामनाएं.
एवं दीपोत्सव आपके जीवन को
सुख, समृद्धि, सुख-शांति, सौहार्द
एवं अपार खुशियों की रोशनी से जग-मग करे...।

Thanks & Regards,

Ankur

Wish you very very happy diwali to all of you.......

Stay invest , stay feel light ,,,,,,Be happy !!

Septa Sir,
Everyone is missing you here....
Wish you Happy birthday and pray for your health and prosperous life on the auspicious occassion of DEEPWALI...
Happy birthday Sir,
Happy diwali to you and family...

Septa Sir

Happy Birthday Septa Sir