Reliance Nippon Life -OFS -27/05/2019-For Retail

RELIANCE NIPPON LIFE ASSET MANAGEMENT LTD
Type	OFS
Symbol	RNAM
Date of Offer for Sale	For Non-Retail Investors : Friday, 24.05.2019
	For Retail Investors : Monday, 27.05.2019
ISIN No	INE298J01013
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
Reservation Portion for Retail	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."