58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Reliance Nippon Life Asset Management Limited IPO (Reliance Nippon Life Asset Management IPO) Details

Reliance Nippon Life Asset Management Limited is an Banking And Finance based company, located in Mumbai, Reliance Nippon Life Asset Management Limited IPO size was 1542.24 Cr. and was issued at 252.00 per share. The share of Reliance Nippon Life Asset Management Limited were listed at 284.00 per share and are currently trading at 596.85 per share.

Type :
Sub Sector : Asset Management Companies
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
1579.20 Cr.

PAT :
351.16 Cr.

Pricing Report

Issue Price :
252.00

Listing Price :
284.00

Current Market Price :
596.85

Issue Price vs CMP :
344.85 (136.85%)

listing Price vs CMP :
312.85 (110.16%)

Performance Report (CAGR* wise)

CAGR : 12.26
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Reliance Nippon Life Asset Management

Company Information
Reliance Nippon Life Asset Management Limited is one of the largest asset management companies in India, managing a total Assets Under Management (AUM) of '3,625.50 billion as of June 30, 2017. The company is involved in managing several financial products, including:
Mutual funds (including Exchange-Traded Funds, ETFs)
Managed accounts such as portfolio management services, alternative investment funds (AIFs), and pension funds
Offshore funds and advisory mandates
As of June 30, 2017, the company was ranked the third-largest asset management company in terms of mutual fund quarterly average AUM (QAAUM) with a market share of 11.4%, according to ICRA. For the financial year 2016, it was ranked the second most profitable asset management company in India.
The company began its mutual fund operations in 1995 as
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Object of Issue
  • Setting up new branches and relocating certain existing branches
  • Upgrading the IT system
  • Advertising, marketing and brand building activities
  • Lending to their Subsidiary (Reliance AIF for investment as continuing interest in the new AIF schemes
  • Investing towards their continuing interest in new mutual fund schemes managed by us
  • Funding inorganic growth and other strategic initiatives and
  • Meeting expenses towards general corporate purposes

Reliance Nippon Life Asset Management MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Nov, 2017
IPO Size :
1542.24 Cr.
IPO Subscription :
81.54 X     
PE Multiple :
43.90
Merchant Banker :
Axis Capital Limited
IPO Registrar:
Kfin Technologies Limited
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Peer Companies Of This Sector

FAQs

Reliance Nippon Life Asset Management operates in Banking And Finance and Asset Management Companies. The Issue is listed on BSE,NSE in Nov, 2017. Reliance Nippon Life Asset Management IPO size was 1542.24 Cr. with Issue price of 252.00 .

Merchant Banker(s) of Reliance Nippon Life Asset Management IPO: Axis Capital Limited , Clsa India Private Limited , Edelweiss Financial Services Limited , Iifl Securities Limited , SBI Capital Markets Limited , Yes Bank Limited

Reliance Nippon Life Asset Management IPO subscription was 81.54 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Reliance Nippon Life Asset Management IPO listed at a listing price of 284.00 against the offer price of 252.00.

The current market price of Reliance Nippon Life Asset Management is 596.85.

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