Reliance Nippon Life Asset Management Limited which had tapped the capital markets with its offer for sale of 6.12 cr shares in a price band of Rs 247-252 was subscribed 81.54 times. The issue was subscribed 118.40 times by QIB investors, 209.44 times by HNI Investors and was subscribed 5.65 times by retail investors. There […]

Reliance Nippon Life Asset Management Limited which is tapping the capital markets with its offer for sale of 6.12 cr shares in a price band of Rs 247-252 completed allocation to anchor investors. The company allotted 1,83,60,000 shares to 35 anchor investors at Rs 252. The highest allocation was made to BNP Paribas Arbitrage fund […]

Shares of IEX Limited listed on the bourses and had a lacklustre listing. The company had through an offer for sale offered 60,65,009 shares in a price band of Rs 1645-1650. It had allotted 18,19,501 equity shares to 25 anchor investors comprising of 28 entities. This was reduced and had to be reallocated without the […]