The company has allotted 1.15 crore equity shares to anchor investors at Rs 274 apiece, which is the upper end of the price band, aggregati...

The offer involves a fresh issue of shares of face value Rs 10 each to raise up to Rs 24 crore.

Reliance Capital has sold 17.06 per cent of its shareholding in RNAM aggregating over Rs 2,480 crore.

RNAM saw institutional investors bids 1.3 times the institutional quota on Day 1 on Wednesday.

SBI will raise up to Rs 3,465 crore by offloading up to 4.5 per cent stake in SBI Life.

Analysts say at least some of these hold decent upside potential.

Nippon Life Insurance sold over 8 per cent of its shareholding in RNAM.

Transaction is to be payable in cash for a total consideration of Rs 3,179.41 crore.

The transaction is to be payable in cash for a total consideration of Rs 3,179.41 crore.

The OFS was made by the promoter entity in a bid to meet the minimum public shareholding norm of 25 per cent.

Reliance Capital said it has signed binding definitive agreements with Nippon Life Insurance of Japan.

RNAM will continue to remain a public limited company after the open offer.

Equity benchmarks Sensex, Nifty fell prey to profit taking in the second half of the session.

Subdued global trend and crude oil’s rise kept market rally in check.

The two partners -- HDFC and Standard Life -- look to sell a total of 12.01 per cent stake.

Money raised through initial public offerings (IPOs) also hit a record Rs 84,357 crore during 2017-18.

Reliance Nippon is the third largest asset management company in India.