The IPO (initial public offering) of Reliance Nippon Life Asset Management Ltd which opened for subscription on Wednesday was fully subscribed within minutes of opening. The public offer of Anil Ambani group’s asset management company was lapped up by QIBs (qualified institutional buyers) and NIIs (non-institutional investors) which led to the such a high subscription in such a short time. The total subscription of the IPO stood at 2.44 times as at 11:00 am. The IPO will remain open for three days starting today till 27 October 2017. For More Information Visit Our Website : www.paceresearchindia.com and Call : 8817774774Tuesday 24 October 2017
Reliance Nippon Life IPO Oversubscribed 1.5 Times In Just 1 Hour Of Issue Opening
The IPO (initial public offering) of Reliance Nippon Life Asset Management Ltd which opened for subscription on Wednesday was fully subscribed within minutes of opening. The public offer of Anil Ambani group’s asset management company was lapped up by QIBs (qualified institutional buyers) and NIIs (non-institutional investors) which led to the such a high subscription in such a short time. The total subscription of the IPO stood at 2.44 times as at 11:00 am. The IPO will remain open for three days starting today till 27 October 2017. For More Information Visit Our Website : www.paceresearchindia.com and Call : 8817774774
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