Reliance Nippon Life Asset Management IPO — Listing Performance
Reliance Nippon Life Asset Management IPO facts & figures
| Issue category | Mainboard |
|---|---|
| Issue open date | 25 Oct 2017 |
| Listing date | 6 Nov 2017 |
| Issue price | ₹252 |
| Listing-day close | ₹284.40 (12.86%) |
| Identifiers | NSE: RNAM |
How the listing went
Reliance Nippon Life Asset Management saw a healthy listing pop, closing day one 12.86% above the issue price.
Reliance Nippon Life Asset Management against every other debut on record
- Rank in 2017: 29 of 63 NSE debuts, on a 12.86% first-day close.
- 53rd percentile of 35 mainboard debuts in 2017 (median 3.37%).
- 4th of 7 debuts in November 2017.
- Opened 17.42% above issue, then gave up 4.56 points to the close.
- Day-one range ₹278 to ₹299: a 8.33% swing on the issue price.
- Priced at the top of the ₹247 to ₹252 band.
- Listed 10 calendar days after close.
- All 508 mainboard debuts on record: median 12.01%, 72% closed above issue.
Computed over 1109 verified NSE debuts to 11 Sep 2026 · sources