243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Reliance Nippon Life Asset Management Limited

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 762.40 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 :
762.40

Issue Price vs CMP :
510.4 (202.54%)

listing Price vs CMP :
478.4 (168.45%)

Performance Report (CAGR* wise)

CAGR : 16.79
-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.

MainBoard IPO Details (at the time of IPO)

IPO Date :
Nov, 2017
IPO Size :
1542.24 Cr.
Subscription :
81.54 X     
PE Multiple :
43.90
Merchant Banker :
Axis Capital 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 MainBoard 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 762.40.

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