Fund manager Reliance Nippon Life rises over 18 percent on market debut
Shares in the company were trading at 291.30 rupees, up 15.60 percent by 0809 GMT in the NSE Nifty that was up 0.3 percent.
Nov 06, 2017, 14:29 PM ISTReliance Nippon lists with 17% premium on bourses
The company's IPO was oversubscribed 81.54 times during October 25-27 with bids for 3,493 million shares, worth Rs 88,022.67 crore.
Nov 06, 2017, 10:53 AM ISTReliance Nippon Life AMC IPO seeks to raise up to $237 million
Reliance Nippon Life AMC is selling about 24.5 million primary shares in the IPO.
Oct 12, 2017, 10:11 AM ISTReliance Nippon Life AMC files IPO papers; eyes Rs 18K crore valuation
It would be the first initial public offering by a major asset management company (AMC) in India, though smaller rival UTI Mutual Fund's IPO plans have been in the works for a long time.
Aug 18, 2017, 19:07 PM IST