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| Prospectus synopsis |
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Phone:91-22-68087000 Fax:91-22-68087097
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| Initial public offering of 61,200,000 equity shares of face value of Rs.10 ("Equity Shares") of Reliance Nippon Life Asset Management Ltd ("Company" or "Issuer") for cash at a price of Rs.252 per equity share including a share premium of Rs. 242 per equity share (The "Offer Price"), aggregating to Rs. 1542.24 Crores (The "Offer") comprising a fresh issue of 24,480,000 equity shares by the company aggregating up to Rs. 616.90 Crores (The "Fresh Issue") and an offer for sale of 36,720,000 equity shares aggregating to Rs.925.34 Crores by the selling shareholders. The offer shall constitute 10% of the Post-Offer paid-up equity share capital of the company.
The anchor investor offer price is Rs.252 per equity share. The face value of the equity share is Rs.10. The offer price is Rs.252 per equity share and is 25.20 times the face value of the equity share.
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| 25-Oct-17 |
27-Oct-17 |
Rs
252.00-0.00
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Rs
0.00-0.00
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| Minimum Application for shares in Nos :
59
Further Multiples of :
59
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| Project Cost |
616.90 |
| Edelweiss Financial Services Ltd |
| JM Financial Institutional Securities Ltd |
| Nomura Financial Advisory & Securities (I) Pvt Ltd |
| Yes Securities (India) Ltd |
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| Project Financed through Current Offer |
1542.24 |
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| Post Issue Equity Share Capital |
612.00 |
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| Issue Price |
Rs.252.00
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Setting up new branches and relocating certain existing branches
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Upgrading the IT System
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Advertising, marketing and brand Building activities
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Lending to the subsidiary (Reliance AIF) for investment of continuing interest in the new AIF scheme managed by Reliance AIF
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Investing towards the continuing interest in new mutual scheme managed by us
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Funding inorganic growth and strategic initiatives
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General Corporate Purposes
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