Reliance Nippon IPO fully subscribed on day 1

The initial public offering (IPO) of Reliance Nippon Life Asset Management (RNAM) received bids for 19.88 crore shares, against total issue size of 4.28 crore shares on the first day of the bidding today, 25 October 2017, data on the National Stock Exchange of India (NSE) website showed as at 17:00 IST. The issue was

NIA’s Rs10,000 crore IPO to hit market in first week of November

Mumbai: New India Assurance (NIA), the largest general insurance company in the country, is set to hit the capital markets with around Rs10,000 crore initial public offering (IPO) in the first week of November. The offer comes soon after the Rs11,370 crore IPO of General Insurance Corp. of India Ltd (GIC Re), which will be

Mahindra Logistics IPO Date, GMP, Listing Price, Market Lot and Review

Mahindra Logistics Limited, one of India’s largest (on the basis of annual revenue) 3PL solutions providers in the Indian logistics industry which was estimated at *6.40 trillion in Fiscal 2017, according to the CRISIL Report. It believes that its competitive advantage is its “asset-light” business model pursuant to which assets necessary for its operations such

Reliance Nippon Life IPO Detail, GMP, Open Price, Review & Analysis

Reliance Nippon Life Asset Management Ltd is coming up with Rs.2000 crore (approx) ipo in October. The company is led by Anil Ambani group. The fresh issue comes with 2.45 crore and offer for sale comprises 1.12 crore Reliance Capital shares + 2.55 crore of Nippon Life Insurance Company shares as mentioned in DRHP. It

Indian Energy Exchange IPO Dates, Price Band, Market Lot Details

Indian Energy Exchange is coming up with 1000 crore ipo. Indian Energy Exchange (IEX) has good revenues and PAT as per the financial shared in DRHP. They are trading in electricity products in India. IEX is an online platform for registered participants. They give options to trade in electricity products on competitive prices and variety