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Reliance Nippon Life Asset Management Ltd IPO Message Board (Page 68)

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128. Eagleye |   Link |  Bookmark | October 15, 2017 5:33:57 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
Reliance Nippon Life AMC IPO – Schedule (Pg #396 of RHP)

24th Oct – Anchor List
25th Oct – Offer Opens
27th Oct – Offer Closes
01st Nov – Finalisation of Basis of Allotment
03rd Nov – Unblocking of ASBA
03rd Nov – Credit to Demat Accounts
06th Nov – Listing on NSE & BSE


Reliance Nippon Life AMC IPO – Issue Information (Final)

Issue Opens on: 25 October 2017
Issue Closes on: 27 October 2017
Issue Type: Book Built Issue IPO
Issue Size: 6,12,00,000 Equity Shares
Face Value: Rs 10 per Equity Share
Issue Price: Rs.247 – Rs.252 per Equity Share
Market Lot: 59 shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 58,75,20,000 Equity Shares
Fresh Issue of 2,44,80,000 Equity Shares @upper price band = Rs.616.90 Crores
Offer for Sale of 3,67,20,000 Equity Shares @upper price band = Rs.925.34 Crores
Equity Shares outstanding after the Issue = 61,20,00,000 Equity Shares

Category-wise Break up:.
Anchor – 1,83,60,000 Shares = 462.67Crs
QIB – 1,22,40,000 Shares = 308.45Crs
NII – 91,80,000 Shares = 231.34Crs
RII – 2,14,20,000 Shares = 539.78Crs (Lot size: 59 = 3,63,051 Forms)

Total Issue – 6,12,00,000 Equity Shares = 1542.24Crs.

Subscription required for 1X
RII = 3,63,051 Forms
NII = 231.34 Crs

Interest cost @6%p.a. for 7days = 28.997paise for 1X


Reliance Nippon Life AMC IPO – Financial Information (Basis of Valuation)

EPS for FY14-15 >>> Rs.6.28 (Page #114 of RHP)
EPS for FY15-16 >>> Rs.6.75 (Page #114 of RHP)
EPS for FY16-17 >>> Rs.6.85 (Page #114 of RHP)
EPS for Q117-18 >>> Rs.1.49 (Page #114 of RHP)

RoNW for FY14-15 >>> 21% (Page #115 of RHP)
RoNW for FY15-16 >>> 22% (Page #115 of RHP)
RoNW for FY16-17 >>> 23% (Page #115 of RHP)
RoNW for Q117-18 >>> 05% (Page #115 of RHP)

NAV as on June 30, 2017 was Rs.27.63 (Page #116 of RHP)

Peer Group (Page #93 of DRHP): NONE


Reliance Nippon Life AMC IPO
Market Estimates of oversubscription:

Category-wise:

1X QIB = 308.45Crs – assuming applications of 8KCrs. = 26X oversubscription

1X NII = 231.34Crs – assuming applications of 60KCrs. = 260X oversubscription

1X RII = 363,051 Forms – assuming 21L forms. = 5.78X oversubscription (applic-wise)
i.e. average 10.20 shares per form


Reliance Nippon Life AMC IPO

GMP 70 – 72
Kostak 700 – 725
128.6. UPINVEST |   Link |  Bookmark | October 16, 2017 6:15:45 PM
Thanks mam...

We r missing your advice...

Regards
128.7. rvr |   Link |  Bookmark | October 16, 2017 7:35:59 PM
Now Eagle eye become data publisher instead talking or giving direction....note people take u r own decisions and follow...I love Septa and expecting to come back soon...Theres no point of keep asking Eagle eye apply or not...if you have gut apply...dont worry about loss..that s stock market
127. rvr |   Link |  Bookmark | October 16, 2017 7:33:21 PM
Same situation ...market making all time high...all the tea wala talking about stock market and making money.....Reliance Anil coming with IPO....hhhhmmmm...one need sttrong guts to apply this IPO...SOMETIME bad sentiment follows and affects only retailers
126. Nicks Jain |   Link |  Bookmark | October 16, 2017 6:46:56 PM
IPO Mentor IPO Mentor (700+ Posts, 900+ Likes)
Application Wise in Retail Category is expected Maximum around 5 Times.
125. we earn |   Link |  Bookmark | October 16, 2017 6:27:37 PM
not be hurry to apply thsi ipo because of the company come from group which is anil ambani.this group any company not given the a good return till now date....we also have an example of the reliance power ipo....what a fantasy created by people and then goes down and down and anyone not able to take a leave from the stock..and this will also create at this counter also i am not telling to not apply this company but be alert about the promoter they not able to handle his business without taking debth....

for applying this ipo it''s your decision but i will not trape in the GMP lvl because of these not give the a wright figure at all,,,,
124. S.A.R |   Link |  Bookmark | October 16, 2017 4:23:32 PM
When is MAHINDRA LOGISTICS issue?
124.1. AnkurGoel |   Link |  Bookmark | October 16, 2017 5:04:30 PM
Most probably this month end as per moneycontrol.
123. Skhotwani |   Link |  Bookmark | October 16, 2017 4:52:51 PM
what''s your view??
Chor promoter ki Chor co. ka IPO lena chahiye??
122. Pokemongo |   Link |  Bookmark | October 16, 2017 4:19:19 PM
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
Anil should give shares for free to all reliance power shareholders LOL
122.1. Mann Ki Baat |   Link |  Bookmark | October 16, 2017 4:24:08 PM
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
something should be done for investors who are holding RPOWER since IPO.

I still remember his speech on listing day.

He said and I quote - Investors will gain long term...

What is long term as per his dictionary?
122.2. Pokemongo |   Link |  Bookmark | October 16, 2017 4:28:13 PM
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
the most pathetic LARGE CAP group in the history of indian stock market is ADAG group,
121. Pokemongo |   Link |  Bookmark | October 16, 2017 4:18:22 PM
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
Is this Anil Ambani or Mukesh Ambani... Anil Ambani ka koi share nahin lega ...

Rel Infra , Rel Comm, Rel Power, have made a fool of investors... most have become junk from thier IPO rates apart from rel capital.
120. Yash G |   Link |  Bookmark | October 16, 2017 3:59:37 PM
Reliance Nippon GMP 64-67
119. AtulGuptaEnt |   Link |  Bookmark | October 16, 2017 3:51:52 PM
Pls suggest on this IPO.
118. RAJVISHNU |   Link |  Bookmark | October 16, 2017 3:33:53 PM
gmp kya hai
117. AnkurGoel |   Link |  Bookmark | October 16, 2017 3:31:16 PM
Mahindra Logistics had been planning to launch its IPO in October and was waiting on the approval to come by, according to the second of the two people.

“The IPO is now being planned for launch towards the month end. Reliance AMC’s IPO closes on 27 October. The Mahindra Logistics IPO will most likely open immediately after it,” he said, also requesting anonymity.

An email sent on Friday to Mahindra Logistics did not elicit any response.

The Mahindra Logistics share sale is a pure secondary offering, which will see parent Mahindra and Mahindra Ltd and private equity firm Kedaara Capital selling 9.66 million shares each. The offer will see a total stake dilution of 27.49%.

Mahindra Logistics has hired Kotak Mahindra Capital Co. Ltd and Axis Capital to manage the share sale.

In 2014, private equity firm Kedaara Capital bought a 23% stake in Mahindra Logistics for Rs200 crore.

The company provides services such as warehousing, transport, in-factory logistics, people logistics and freight forwarding for clients across industries such as auto and auto component manufacturing, consumer, pharmaceuticals and e-commerce.

For the financial year 2016-17, the company reported a revenue of Rs2,676.2 crore as against Rs2,077.1 crore in the previous year. In 2016-17, it reported a profit of Rs46 crore, compared to a profit of Rs35.9 crore in the previous financial year.
116. Arundp |   Link |  Bookmark | October 16, 2017 3:11:16 PM
Let''s see how retailers fall in this trap again. ADAG stocks are junk. Very soon they will be all in Z category . Deserves it.
115. Solution of Queries |   Link |  Bookmark | October 16, 2017 2:33:57 PM (1100+ Posts, 1400+ Likes)
yes mukesh singh ji , in PNB sepearate portal for bidding .........firstly u need to register first time that demat a/c there thn u can bid by referring pnb netbanking login.

link is here :-

https://www.pnbnet.org.in/ASBAIBS/
114. ARHAT KUNDALIA |   Link |  Bookmark | October 16, 2017 1:54:49 PM
Mahindra logistics IPO may be on 30 october
114.1. AnkurGoel |   Link |  Bookmark | October 16, 2017 2:25:56 PM
Is this confirmed or mere speculation?
113. UMESHKUMARC |   Link |  Bookmark | October 16, 2017 2:25:16 PM
Hi,

IS this IPO good to invest In ??
112. gamble |   Link |  Bookmark | October 14, 2017 7:15:46 PM (1600+ Posts, 3900+ Likes)
Not getting much time to see Nippon life ipo, but

These 2 ????( NoT professionally managed) company trading at attractive level [IMO]

Reliance Capital (540)...
PE =14,PB=1,Dividend yeild =2%, mcap 13k cr vs revenue 17k cr, CAgR=15%

Reliance Home F(82)..
CaGr PBT= 30%+

Combo pack @622rs

U can use dips also(if any)
Expected return till nippon listing 10%(not sure though)
Expected return over 6 mnths 20%(confident!!)


112.6. Thakur Prasad |   Link |  Bookmark | October 16, 2017 12:10:11 PM
@Gamble Sir , I had bought relcap on 4th sep @873 i am in huge losses now. Do you think i ll be able to recover my losses . does this share price combined with rhfl will cross 873. Please help sir.
Regards,
112.7. gamble |   Link |  Bookmark | October 16, 2017 1:28:41 PM (1600+ Posts, 3900+ Likes)
First thing, if u buy @873 must b in influence of TV experts recommendations [ not trying to prove anyone right wrong here]
Because they only give call when share in momentum and we always trap at higher level,

Now @532 looks good to me, try to avg(if possible) or just hold. Why get out at this rate,

U still holding then why calculate loss?
till date not hppns any!!

Yes i m seeing this combo above ur buying rate within yr time. Or Anilji ki mehrbani rhi to within 5-6 months may b!
111. Thakur Prasad |   Link |  Bookmark | October 16, 2017 1:35:42 PM
Thanks a ton Sir. Yes Sir you are right it was under influence of tv experts for a target of 900 so got trapped and yes no losses till date as i am holding it till now. I will try to average it. And hold for a period of 6 months to 1 year.
Regards,
110. Marwari |   Link |  Bookmark | October 15, 2017 9:10:01 PM
Insurance company''s ke ipo bhar bhar ke bore ho gaye.
kisi na achha profit nahi diya.
110.1. AnkurGoel |   Link |  Bookmark | October 16, 2017 10:43:31 AM
This is not an insurance company.
109. Chetan Ghangrekar |   Link |  Bookmark | October 16, 2017 7:45:52 AM
Can I apply same do id with 5 different pan number