Monday, 6 November 2017

Opulent listing of Reliance Nippon



There is a listing of another share in the market today. On the NSE, Reliance Nippon AMC's shares are listed with 17.10% premium. On the NSE, the shares of Reliance Nippon AMC have been listed at Rs 295.90 per share. Reliance Nippon AMC's issue price for the listing was fixed at Rs 252 per share.

After the listing, NSE has seen a fall in the stock of Reliance Nippon AMC, which is currently seen around Rs 291. The issue of Reliance Nippon AMC was open from October 25 to 27. The company raised Rs 1542 crore from the issue. These issues subscribed 81 times. In the retail segment, it was almost 6 times full. At the same time, in the NII segment, it got more than 200x bids for it. Reliance Nippon is the first mutual fund house, which is listed in the market.

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