Reliance Nippon Life Asset Management Limited IPO – GMP, Review, Share Price, Subscription, and Details

1.Reliance Nippon Life Asset Management Limited IPO Overview

The initial public offering (IPO) of Reliance Nippon Life Asset Management Limited is a public issue under the Mainboard board. The subscription window is scheduled to open on Oct 25, 2017 and close on Oct 27, 2017, with the price band fixed at ₹247–252 per equity share.

2.Issue Details at a Glance

3.Bidding, Allotment & Listing Timeline

• Bidding opens: Oct 25, 2017
• Bidding closes: Oct 27, 2017
• Allotment date: TBA
• Listing date: 2017-11-06
• Minimum investment: ₹14,573 for 59 shares

4.Reliance Nippon Life Asset Management Limited IPO GMP Today

No grey market premium has been recorded for Reliance Nippon Life Asset Management Limited yet. GMP is an informal, unregulated indicator of listing-day sentiment and is not published by any exchange.

5.How to Apply for Reliance Nippon Life Asset Management Limited IPO

1. 1Open IPOGMPTracker or use your broker's app or net banking ASBA facility.
2. 2Search for "Reliance Nippon Life Asset Management Limited IPO" and select it from the list of current issues.
3. 3Choose your demat account and enter your bid quantity in multiples of the 59-share lot, at a price within the ₹247–252 band (or bid at cut-off, if eligible).
4. 4Submit the application and approve the UPI mandate request when it arrives — funds stay blocked in your account and are debited only on allotment.

Allotment is expected to be finalised around TBA, with listing tentatively scheduled for 2017-11-06 on BSE and NSE. Once finalised, check your status on the Reliance Nippon Life Asset Management Limited IPO allotment status page.

6.How to Track Subscription & Allotment

• Live subscription: Track QIB, NII and retail bidding on the IPO subscription status page
• Allotment status: Check your application on the IPO allotment status page
• Full IPO details: See dates, lot size, reservation and financials on the Reliance Nippon Life Asset Management Limited IPO page
• More issues: Browse current IPOs, upcoming IPOs and the IPO event calendar

7.Conclusion

Reliance Nippon Life Asset Management Limited opens on Oct 25, 2017 and closes on Oct 27, 2017 at ₹247–252 per share. Read the offer documents in full and consult a qualified adviser before applying — nothing on this page is investment advice.