Reliance Nippon Life Asset Management Ltd IPO Message Board (Page 69)

Anil Ambani group is in watch list in most of the bank npa list........ choice is yours....

Anil Ambani group is in watch list in most of the bank npa list........ choice is yours....

Why avoid this IPO? Apply and sell at Kostak. Expense for 15k application isn''t more than 150 bucks. Kostak is 750, so profit is 600 per application. Enjoy the Profits.

Eagleye ...can you please share your views on s.chand for 1 year view...as per your guidance i am holding it from ipo time

Everyone has made big loss in reliance this is suggestion to all retail investors do not apply let make retail portion zero. Reliance chor.

After huge loss in Reliance power, I will never invest any reliance group shares.

In January-2012 Reliance Capital Asset Management (RCAM) sold 26% stake to Japan''s Nippon Life Insurance at Rs.1450 crores valueing the firm at Rs.5600 crores. If we compare the IPO price of 252 with that valuation then the price at that time would be 91.5

In 2015 RCAM sold another 9% stake to Nippon at Rs.657 crores valueing the firm at Rs.7300 crores. If we compare the IPO price of 252 with that valuation then the price at that time would be 119.28

In March-2017 RCAM sold another 14% stake to Nippon at Rs.1200 crores valueing the firm at Rs.8542 crores. If we compare the IPO price of 252 with that valuation then the price at that time would be 139.57

In August-2017 Reliance Nippon Asset Management sold 2.59% stake to IIFL at Rs.390 crores valueing the firm at Rs.5600 crores. If we compare the IPO price of 252 with that valuation then the price at that time would be 246.04

So if we compare the share price in the past than
January-2012 - 91.5
2015 - 119.28
March-2017 - 139.57
August-2017 - 246.04

we can say price is much on higher side.

Any comments please.......

@RRPatel
It is very useful.
But .......
First one is. ADAG
Second one is KARVY

Good job... Patelbhai...keep it up

Apply, there is nothing to regret or try to correlate with any other ADAG businesses......

Retailers will again burn money on this issue and will start crying afterwards. ADAG stocks are becoming junk . Rcom Rnrl Rpower, to name a few. How is he been allowed to bring an ipo is the question to be asked.

BTW the stocks you listed were given FOC to RIL stock holders a decade back so nothing to repent. ADLAB is doing good and DEFENCE will give good return over a period of time. The current one on the block can be applied as a so the market is in BULL run.

Reliance Nippon Life IPO
GMP 70 – 72

Wecome back Mam

thanks Ankitxyz...dividend yield looked high because of Bonus Issue of 50:1

Issue resolved now! Dividend after IPO 4.05 per share

Can you please calculate post issue Book Value and EPS?

I am planning to sell all my applications in grey market at current rate. There are two reasons for selling in grey market despite of higher chances of allotment 1) Com belonging to ADAG 2)Valuation is high IMO

As far as the listing is concerned It all depends on the operators. Plus a high dividend paying company normally doesn''t enjoy high PE.In this case dividend payout ratio is 4.05/6.6=61.36%

Grey Market punters are very depressed about it. While current GMP is 70 but they don''t expect listing at premium of more than 15-20 bucks.

Lot of ambani chamchas recommending to invest. They r the same people who brainwashed to apply in reliance power as well. It''s a trap don''t fall for it again and again.

how many time it will subsribe in RII quota?

Reliance Nippon Life Asset Management IPO:

Issue size Rs.1542.24 crores @upper price band valueing the firm at Rs.15422.4 crores.

Fresh issue of 2,44,80,000 shares.
Offer for sale by Reliance Capital 1,12,30,200 shares (reducing the stake from 46.57% to 42.88%)
Offer for sale by Nippon Life 2,54,89,800 shares (reducing the stake from 49% to 42.88%)
Total issue size 6,12,00,000 shares (Rs.1542.24 crores).

Equity Shares outstanding prior to the offer - 58,75,20,000.
Equity Shares outstanding after the offer - 61,20,00,000.

Category wise breakup:

QIB 50% - 3,06,00,000 (Rs.771.12 crores) out of it''s 60% i.e. 18,36,000 shares will be allocated to Anchor investors and remaining 12,24,000 shares will be available for bid by QIBs.

HNI/NII 15% - 91,80,000 shares (Rs.231.34 crores)

Retail 35% - 2,14,20,000 shares (Rs.539.78 crores) so total 3,63,050 lots of 59 shares each will be available for allotment in retail category.

That is 3,63,050 applications required for 1X in retail category.

Will decide later to apply or not after more analysis and keeping in mind the ADAG group but also the Nippon so let''s wait and watch.

BEFORE APPLYING LOOK AT PERFORMANCE OF RELIANCE HOME FINANCE HITTING CONTINUOUS LOWER CIRCUIT, EVEN RELIANCE CAPITAL PERFORMING BADLY
WE ALL KNOW ABOUT RCOM AND RPOWER

AS SPTULSIAN MENTION ADAG STOCKS HAVE BEEN WEALTH DESTROYERS.

PEOPLE OPEN UR EYES. THIS IS NOT MUKHESH AMBANI BUT ANIL AMBANI WHICH HAVE COME UP WITH PREVIOUS IPO ALL BEING WEALTH DESTROYERS

3 OF TH FUND MANAGERS HAVE EXITED COMPANY AS WELL.

BETTER BUY ICICI LOMBARD FROM OPEN MARKET WHICH IS INVESTOR FRIENDLY OR L& T FINANCE. BOTH GOOD MANAGEMENT

RATHER THAN APPLYING THIS IPO PLEASE DO SOME CHARITY.

Very well said.fully agree

Well said . agree with you

About dividend policy they have clearly mentioned that

The amount paid as dividends IN THE PAST IS NOT NECESSARILY INDICATIVE of our dividend policy or dividend amounts, if any, in the future.

@Ankit: Did you check the DRHP? Its clearly mentioned in rupees as well as percentage and @Mann Ki Baat is correct.

@Ankit: Just read your other posts & calculations and its clear now. Thanks for sharing the details.

Guys Guys Guys

Read page 226 of DRHP - Dividend Policy

It paid dividend per share for last 5 years in following manner. Face Value was 10 for all years.

2013 - 140
2014 - 140
2015 - 150
2016 - 125
2017 - 215

Total - 770

Issue price is Rs 252 so it is almost full one year dividend. Is this practical???

Same dividend will be continued???

If yes then this IPO is true GEM!!!

But can''t believe...

Suggestions invited...

The dividends declared by our Company on the Equity Shares in each of the Fiscal Years
2013, 2014, 2015, 2016, 2017 as per our Restated Standalone Financial Statements are given below:

Particulars-------------------------------------------2013-----------2014-----------2015 ---------2016------------ 2017
Face value per share (in Rs) -------------------- 10 ------------- 10 ------------- 10 ---------- 10 ---------------- 10
Dividend (in Rs.million) -------------------- 1612.80 ------1612.80 ------1728.00 ---- 1440.00 ------- 2476.80
Dividend per share (in Rs.) -------------------- 140 ----------- 140 ----------- 150----------- 125------------- 215
Rate of dividend (%) -------------------------- 1400%---------1400%------- 1500%------ 1250%---------- 2150%
Dividend Tax (in Rs.million) --------------- 261.64-------- 274.10-------- 293.67------- 293.15---------- 504.22

**Excluding dividend distribution tax.
The amount paid as dividends in the past is not necessarily indicative of our dividend policy or dividend amounts, if
any, in the future.
.

If you calculate dividend payout after bonus issue & fresh issue it is only 40.05%. So Don''t get misguided by looking at 2150% as it is only 40.05% after bonus & fresh issue.

Must Buy..

Hi Guys plase Help me...
oriental bank of commerce me online net banking se ASBA Application Hota he
Oriental bank of commerce me online net banking se ASBA me Total Kitni Application Kar sak te he..(different name)
And Last Date Me Last Time Kitne BAje tak karsak te he.....

Past experience of ANIL AMBAI''s RPOWER issue has been very bad. It seems that Anilji is not investor friendly.
Presently market price of R POWER is near 41 whereas it''s issue price was 450..
After a long time it is available at less than 10% of issue price.
Is it worthwhile to apply in Anilji IPO