Reliance Nippon Life Insurance IPO Allotment Status

Reliance Nippon Life Asset IPO Status

Hello investors, now it’s time for Reliance Nippon Life Asset management IPO. So you want to invest in Reliance Nippon IPO? For that here we shared detail information on Reliance Nippon Life IPO allotment status, subscription, financial charts, price band, Lead managers, Allotment status of Reliance Nippon IPO, Reliance Nippon IPO allotment date, registrar of this IPO is Karvy, etc.  Also check General insurance IPO status, Mahindra Logistics IPO allotment status and New India IPO status at  our website. You know Reliance Nippon GMP is very well so we assume that good subscribe on QIB & HNI.

Reliance Nippon Life Insurance IPO

Reliance Nippon Life Insurance IPO Information

You know Reliance Nippon IPO open today i.e. 25th October, 2017. So are you interested for take part in IPO of Reliance Nippon life insurance?

Reliance Nippon Life Insurance IPO Open date: 25th October, 2017

Reliance Nippon Life Insurance IPO Close date: 27th October, 2017

Price band: Rs.247 to 252 share

Reliance Nippon Face value: Rs.10 per share

Minimum Amount: Rs.14868

Share Lot: 59 share per 1 lot

Listed on: BSE & NSE

Reliance Nippon Life Insurance IPO Allotment Date: 1st November, 2017

Reliance Nippon Life Insurance IPO Refund Date: 2nd November, 2017

Reliance Nippon Life Insurance IPO Listing Date: 6th November, 2017

IPO Retail portion: 35%

Reliance Nippon Life Insurance IPO Summary

Reliance Nippon Life Insurance IPO Status Particular
Reliance Nippon Life IPO Start Date 25/09/1993
Reliance Nippon IPO Close Date 27/09/1993
Price Band 247 to 252 Rs
Face value 10 Rs. per share
IPO Size 1542 Rs. Crore (Approx)
Reliance Nippon Life IPO Allotment Date 01/09/2017
Refund Date 02/09/2017
Listing Date 06/11/2017
Minimum Amount Rs.14868
Listed on NSE & BSE

Know About Reliance Nippon IPO Allotment Status

Internal Risk Factors

  • There are outstanding proceedings against Company, and certain of Subsidiaries, Promoters, Directors and Group Companies and any adverse outcome in any of these Reliance Nippon Life IPO proceedings may adversely affect company profitability and reputation and may have an adverse effect on business, results of operations and financial condition.
  • Company’s future revenue and profit are largely dependent on the growth, value and composition of AUM of the schemes managed by Reliance Nippon, which may decline.

Reliance Nippon Life IPO Price Band

The price band for the Reliance Nippon Life Insurance IPO between Rs. 247 to 252 per share. In this Reliance Nippon IPO minimum Amount is Rs. 14868 and share lot size is 59 share in 1 lot. The company cover Rs. 1542 crore from this IPO.

Reliance Nippon Life Insurance IPO Book Running Lead Managers

  • JM Financial Institutional Securities Limited

7th Floor, Cnergy, Appasaheb Marathe Marg

Prabhadevi, Mumbai 400 025

Maharashtra, India

Tel: +91 22 6630 3030

Fax: +91 22 6630 3330

E-mail: rnam.ipo@jmfl.com

Investor grievance E-mail: grievance.ibd@jmfl.com

Website: www.jmfl.com

Contact person: Prachee Dhuri

SEBI Registration No: INM000010361

  • CLSA India Private Limited

8/F, Dalamal House

Nariman Point

Mumbai 400 021

Maharashtra, India

Tel: +91 22 6650 5050

Fax: +91 22 2284 0271

E-mail: rnlam.ipo @citicclsa.com

Investor grievance E-mail: investor.helpdesk@clsa.com

Website: www.india.clsa.com

Contact person: Sarfaraz Agboatwala

SEBI Registration No: INM000010619

  • Nomura Financial Advisory and Securities (India) Private Limited

Ceejay House, Level 11, Plot F, Shivsagar Estate

Worli, Mumbai 400 018

Maharashtra, India

Tel: +91 22 4037 4037

Fax: +91 22 4037 4111

E-mail: rnlamipo@nomura.com

Investor grievance E-mail: investorgrievancesin@nomura.com

Website: www.nomuraholdings.com/ company/group/asia/india/index.html

Contact Person: Sumit Sukhramani/ Aneesha Chandra

SEBI Registration No.: INM000011419

  • Axis Capital Limited

1 st Floor, Axis House, C-2, Wadia International Centre

P.B. Marg, Worli, Mumbai 400 025

Maharashtra, India

Tel: + 91 22 4325 2183

Fax: +91 22 4325 3000

E-mail: rnam.ipo@axiscap.in

Investor grievance E-mail: complaints@axiscap.in

Website: www.axiscapital.co.in

Contact person: Ankit Bhatia

SEBI Registration No.: INM000012029

  • Edelweiss Financial Services Limited

14th Floor, Edelweiss House

Off. C.S.T Road, Kalina

Mumbai 400 098, Maharashtra, India

Tel: +91 22 4009 4400

Fax: +91 22 4086 3610

E-mail: rnlam.ipo@edelweissfin.com

Investor Grievance E-mail: customerservice.mb@edelweissfin.com

Website: www.edelweissfin.com

Contact Person: Pradeep Tewani / Ankit Goel

SEBI Registration No.: INM0000010650

  • IIFL Holdings Limited

10th Floor, IIFL Centre

Kamala City, Senapati Bapat Marg

Lower Parel (West), Mumbai 400 013

Maharashtra, India

Tel: +91 22 4646 4600

Fax: +91 22 2493 1073

E-mail: rnam.ipo@iiflcap.com

Investor grievance email: ig.ib@iiflcap.com

Website: www.iiflcap.com

Contact Person: Pinkesh Soni / Pinak Bhattacharyya

SEBI Registration No.: INM000010940

  • SBI Capital Markets Limited

202, Maker Tower E, Cuffe Parade

Mumbai 400 005, Maharashtra, India

Tel: +91 22 2217 8300

Fax: +91 22 2218 8332

E-mail: rnlam.ipo@sbicaps.com

Investor Grievance E-mail: investor.relations@sbicaps.com

Website: www.sbicaps.com

Contact Person: Aditya Deshpande/ Ronak Shah

SEBI Registration No.: INM000003531

  • YES Securities (India) Limited

IFC, Tower 1&2, Unit No. 602 A, 6th floor

Senapati Bapat Marg, Elphinstone (W)

Mumbai 400 013

Maharashtra, India

Tel: +91 22 7100 9829

Fax: +91 22 2421 4508

E-mail: relamc.ipo@yessecuritiesltd.in

Investor grievance e-mail: igc@yessecuritiesltd.in

Website: www.yesinvest.in

Contact Person: Mukesh Garg

SEBI Registration No.: MB/INM000012227

Registrar of Reliance Nippon Life Insurance IPO

Karvy Computershare Private Limited

Karvy Selenium Tower B

Plot 31-32, Gachibowli

Financial District, Nanakramguda

Hyderabad 500 032, India

Tel: +91 40 6716 2222

Fax: +91 40 2343 1551

E-mail: reliancenippon.ipo@karvy.com

Investor Grievance E-mail: einward.ris@karvy.com

Website: https://karisma.karvy.com

Contact Person: M. Murali Krishna

SEBI Registration No.: INR00000021

About Reliance Life Insurance Company

Reliance Nippon Life Insurance Company is amongst the leading private sector life insurance companies in India in terms of individual WRP (weighted received premium) and new business WRP. The company is one of the largest non-bank supported private life insurers with over 10 million policyholders, a strong distribution network of over 700 branches and over 75,000 advisors as on March 31, 2017. The company holds one of the top Claim Settlement Ratios in the industry which stands at 95.21% as of March 31, 2017.

Rated amongst the Top 4 Most Trusted Life Insurance Service Brands by Brand Equity‘s Most Trusted Brands Survey 2016, the company’s vision is “To be a company people are proud of, trust in and grow with; providing financial independence to every life we touch.” With this in mind, Reliance Nippon Life caters to five distinct segments, namely Protection, Child, Retirement, Saving & Investment, and Health; for individuals as well as Groups/Corporate entities.

Reliance Nippon Life Insurance Company is a part of Reliance Capital, one of India’s leading private sector financial services companies, which ranks among the top private sector financial services and non-banking companies, in terms of net worth. Reliance Capital has interests in asset management and mutual funds, stock broking, life & general insurance, proprietary investments, private equity and other activities in financial services.

In FY’16, post the enabling regulations, Nippon Life increased its stake in Reliance Life from 26% to 49%, subsequent to the receipt of all regulatory approval. Nippon Life Insurance, also called Nissay, with 25% market share is Japan’s largest private life insurer with revenues of Rs. 3,66,198 crore (US$ 55 Billion) and profits of over Rs. 41,380 crores (US$ 6 billion) as of Mar 31, 2016. The Company, with over 29 million policies in Japan, offers a wide range of products, including individual and group life and annuity policies through various distribution channels and mainly uses face-to-face sales channel for its traditional insurance products. The company primarily operates in Japan, North America, Europe and Asia and is headquartered in Osaka, Japan. It is ranked 114th in Global Fortune 500 firms in 2016.

An investment in Equity Shares involves a high degree of risk. You should carefully consider all the information in this Draft Red Herring Prospectus, including the Reliance Nippon Life IPO risks and uncertainties described below, before making an investment in Equity Shares.

The risks described below are not the only ones relevant to us or Equity Shares, the industry and segments in which we currently operate. Additional risks and uncertainties, not presently known to us or that we currently deem immaterial may also impair businesses, results of operations, financial condition and cash flows. If any of the following risks for Reliance Nippon Life IPO, or other risks that are not currently known or are currently deemed immaterial, actually occur results of operations, financial condition and cash flows could suffer, the trading price of Equity Shares could decline, and you may lose all or part of your investment. As well as the financial, statistical and other information contained in this Draft Red Herring Prospectus of Reliance Nippon Life IPO. In making an investment decision, prospective investors must rely on their own examination of us and the terms of the Offer including the merits and risks involved.

You should consult your tax, financial and legal advisers about the particular consequences to you of an investment in Equity Shares. You know Reliance Nippon Life insurance IPO. Prospective investors should pay particular attention to the fact that Company is incorporated under the laws of India and is subject to a legal and regulatory environment, which may differ in certain respects from that of other countries.

Reliance Nippon IPO Subscription

Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of certain factors, including the considerations described below and elsewhere in this Draft Red Herring Prospectus.

Registered and Corporate Office:

Reliance Centre,

7th Floor, South Wing,

Off Western Express Highway,

Santacruz (East),

Mumbai 400 055,

Maharashtra, India

Contact Person: Deepak Mukhija,

Company Secretary and Compliance Officer for the Offer; Tel.: + 91 22 3303 1000;

Fax: +91 22 3303 7662

E-mail: deepak.mukhija@relianceada.com;

Website: www.reliancemutual.com;

Corporate Identity Number: U65910MH1995PLC220793

Financial Sheet of Reliance Life Insurance

Here in this particular article we shared Reliance Nippon Life financial sheet of last 5 year, So you will decided if you want to invest in this Reliance Nippon Life IPO or not.

(All figure in Rs. crore)

Particular March 13 March 14 March 15 March 16 March 17
Total Revenue 734.6 778.8 955.1 1313.8 1435.9
Total Expense 441.4 449.0 491.3 791.4 854.6
Profit After TAX 230.4 270.6 354.5 396.4 402.8

Reliance Nippon Life Insurance Subscription

This Reliance Nippon life insurance IPO subscription data is till 12 P.M. So it is very basic data.

Day Day 1 Day 2 Day 3
QIB 6.12  9.80  118.40
NII 11.38  16.15  209.44
RII 0.90  2.38  5.20
EMP
Total 4.64 7.45   81.31

Conclusion of Reliance Nippon Life Insurance IPO Allotment Status

Hope you know all the detail information on Reliance Nippon Life IPO Allotment status. Although in this article we cover all the aspect of IPO like Reliance Nippon IPO subscription, financial sheet of last 5 year, Risk factor for IPO, Book running lead managers, Registrar, etc. At our portal you can also check other IPO allotment status like MAS financial IPO, General insurance IPO, Indian energy IPO and more. Stay with us for know latest news of Reliance Nippon IPO.

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