:::LALKAR GROUP::::

Nippon Life India Asset Management Ltd

Registered Office: 4th Flr Tower A Peninsula Busi,Ganapatrao Kadam Marg L P (W), Mumbai - 400013, Maharashtra, India.
Phone : 91-22-68087000 Fax:91-22-68087097
Email : nilufer.Shekhawat@relianceada.com
Website : NA

Initial public offering of 61,200,000 equity shares of face value of Rs.10 ("Equity Shares") of Reliance Nippon Life Asset Management Ltd ("Company" or "Issuer") for cash at a price of Rs.252 per equity share including a share premium of Rs. 242 per equity share (The "Offer Price"), aggregating to Rs. 1542.24 Crores (The "Offer") comprising a fresh issue of 24,480,000 equity shares by the company aggregating up to Rs. 616.90 Crores (The "Fresh Issue") and an offer for sale of 36,720,000 equity shares aggregating to Rs.925.34 Crores by the selling shareholders. The offer shall constitute 10% of the Post-Offer paid-up equity share capital of the company. The anchor investor offer price is Rs.252 per equity share. The face value of the equity share is Rs.10. The offer price is Rs.252 per equity share and is 25.20 times the face value of the equity share.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
25-Oct-17	27-Oct-17	252.00-0.00	0.00-0.00

Minimum Application for shares in Nos : 59 Further Multiples of : 59

	(Rs)	Lead Managers to the Issue
Project Cost	616.90	Axis Capital Ltd
Project Financed through Current Offer	1542.24
Post Issue Equity Share Capital	612.00
Issue Price	252.00

Projects

Setting up new branches and relocating certain existing branches	Upgrading the IT System
Advertising, marketing and brand Building activities	Lending to the subsidiary (Reliance AIF) for investment of continuing interest in the new AIF scheme managed by Reliance AIF
Investing towards the continuing interest in new mutual scheme managed by us	Funding inorganic growth and strategic initiatives
General Corporate Purposes

Promoted By

Reliance Capital Ltd

Nippon Life Insurance Company

Listing At

BSE

NSE

Registrar to the Issue

No Data Available