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October 25, 2017 - October 27, 2017

Reliance Nippon Life IPO FAQ

Reliance Nippon Life IPO Date & Price

The Reliance Nippon Life IPO opens on October 25, 2017 and closes on October 27, 2017.

Reliance Nippon Life IPO timetable / schedule is as below:
  • Bid/Offer Opens On: October 25, 2017
  • Bid/Offer Closes On: October 27, 2017
  • Finalization of Basis of Allotment: November 1, 2017
  • Initiation of refunds: November 3, 2017
  • Credit of Equity Shares: November 3, 2017
  • Listing Date: November 6, 2017

Reliance Nippon Life IPO price is set at ₹252 per equity share.

Reliance Nippon Life IPO will close for subscription at 5 PM on October 27, 2017. But most brokers stop accepting application between 1 PM to 3 PM.

The Reliance Nippon Life IPO starts on October 25, 2017. The issue ends on October 27, 2017.

Reliance Nippon Life IPO Issue Size and Subscription Status

The Reliance Nippon Life IPO size is 61200000 Equity Shares of ₹10 aggregating up to ₹1,542.24 Cr.

Reliance Nippon Life Asset Management Ltd is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Reliance Nippon Life IPO shares through the banks (using ASBA) or through the broker (using UPI).

Reliance Nippon Life IPO Offer Size

Qualified Institutional Buyers (QIB)12,240,000 Shares
Non-Institutional Investors (NII)9,180,000 Shares
Retail Individual Investor (RII)21,420,000 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size42,840,000 Shares

Reliance Nippon Life IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)118.40 times times
Non-Institutional Investors (NII)209.44 times times
Retail Individual Investor (RII)5.65 times times
Employee Reservations times
Other Reservations times
Total Issue Size81.54 times times

Click here to check the Reliance Nippon Life IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Reliance Nippon Life IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Reliance Nippon Life IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Reliance Nippon Life IPO Allotment and Listing

The Reliance Nippon Life IPO allot status will be available online on November 1, 2017. Check the Reliance Nippon Life IPO Allotment Status here.

Click here to check Reliance Nippon Life IPO Allotment Status.

Reliance Nippon Life IPO listing Date is November 6, 2017. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Reliance Nippon Life IPO listing date and time is published by the exchange in a circular.

Click here to view the Reliance Nippon Life IPO Basis of Allotment.

It is hard to say at what price Reliance Nippon Life IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Reliance Nippon Life IPO shares will list on November 6, 2017 at BSE, NSE.

Reliance Nippon Life IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Reliance Nippon Life IPO which could help you with questions like Reliance Nippon Life IPO buy or not? You should also read Reliance Nippon Life IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Reliance Nippon Life IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Reliance Nippon Life IPO performance. The performance reports are available 1 day after listing.