RELIANCE NIPPON LIFE ASSET MANAGEMENT LTD
| |
Type
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OFS
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Symbol
|
RNAM
|
Date of Offer for Sale
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For Non-Retail Investors : Friday, 24.05.2019
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For Retail Investors : Monday, 27.05.2019
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ISIN No
|
INE298J01013
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No: of shares being offered for sale
|
Base offer size: 3,21,10,091
|
Total shares : 5,29,73,245 (With an additional option to sell up to 2,08,63,154 shares)
| |
Offer Size for Retail Investors
|
Base offer size: 32,11,009
|
Total shares : 52,97,325 (With an additional option to sell up to 20,86,315 shares)
| |
Face Value
|
Rs. 10/-
|
Floor Price (Rs)
|
Rs. 218 /-
|
Discount to Retail
|
NA
|
Tick Price
|
Rs 0.05
|
Lot Size
|
1 Equity Share
|
Allocation Methodology
|
Price Priority Method
|
Stock exchanges
|
BSE & NSE
|
Exchange Bidding Time
|
09:15 AM to 15:30 PM
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Reservation Portion for Retail
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10% of Issue Size reserved for Retail Investors
|
"As per SEBI OFS Guidelines, Retail bids below the cut-off price shall not be eligible for allocation. The clearing price of non-retail category on T- day can be the Cut-off price."
