Tag: Reliance Nippon AMC

Reliance Nippon AMC IPO oversubscribed within minutes

The initial public offer of Reliance Nippon Life Asset Management (RNAM) got oversubscribed 2.45 times soon after opening of bids, making it the first ever IPO to get full subscription within five minutes. The IPO to raise an estimated Rs 1,542.42 crore opened this morning and received bids for 10,48,57,278 shares against the total issue …

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October 25, 2017