Reliance NIPPON IPO ! Details

reliance nippon ipo details

What is Reliance Nippon IPO ?

The Reliance Nippon IPO is an Initial Public Offering from the Reliance Nippon Life Asset Management Ltd. The company is currently operating in the Indian Financial Sector and is now inviting members of the general public to invest in them through an IPO.

Why is Reliance Nippon IPO popular ?

The Reliance Nippon IPO is a 1542 crore INR Book Building IPO.  The Reliance Nippon Life Asset Management Ltd. is co-owned by the Reliance Capital Limited and Nippon Life Insurance Company from Japan. The level of trust people have on the Reliance Nippon IPO is quite high and hence this is a popular IPO in India at the moment.

When does the Reliance Nippon IPO Start ?

The Reliance Nippon IPO opens on the 25th of October 2017, Wednesday and closes on 27th of October 2017, Friday.

IPO applicants have 3 days to apply for the Reliance Nippon IPO.

How to apply for the Reliance Nippon IPO ?

The quickest way to apply for the Reliance Nippon IPO is through the Online ASBA facility of your Bank Account

Login to your Online banking account and use the ASBA Menu to apply for the Reliance Nippon IPO.

Reliance Nippon IPO Details 2017

Reliance Nippon IPO Details 2017  
Issue Open Oct 25, Wednesday
Issue Close OCT 27, Friday
Issue Type Book Built Issue IPO
Face Value Rs 10 Per Equity Share
Issue Price Rs 247 – Rs 252 Per Equity Share
Market Lot Size 59 Shares
Minimum Order Quantity 59 Shares
Listing Exchanges BSE and NSE

Where to discuss more on the Reliance Nippon IPO ?

To discuss more about the Reliance Nippon IPO, use the Indian Stock Markets IPO chat-room : https://discord.gg/cGfA8wW