Registered Office:
4th Flr Tower A Peninsula Busi,Ganapatrao Kadam Marg L P (W),
Mumbai - 400013,
Maharashtra, India.
Phone : 91-22-68087000
Fax : 91-22-68087097
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.
Opens On
Closes On
Application
Allotment
25-Oct-17
27-Oct-17
252.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
59
Further Multiples of :
59
(Rs.Cr)
Lead Managers to the Issue
Project Cost
616.90
Axis Capital Ltd
Project Financed through Current Offer
1542.24
Post Issue Equity Share Capital
612.00
Setting up new branches and relocating certain existing branches
Upgrading the IT System
Advertising, marketing and brand Building activities
Lending to the subsidiary (Reliance AIF) for investment of continuing interest in the new AIF scheme managed by Reliance AIF
Investing towards the continuing interest in new mutual scheme managed by us
Funding inorganic growth and strategic initiatives
General Corporate Purposes