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BRIEF-Reliance Nippon Life Asset Management Ltd files for IPO
August 18, 2017 / 12:43 PM / a month ago

BRIEF-Reliance Nippon Life Asset Management Ltd files for IPO

Aug 18 (Reuters) - Reliance Nippon Life Asset Management Ltd:

* Reliance Nippon Life Asset Management Limited files for IPO

* Initial public offering of up to 61.2 million equity shares

* IPO includes offer for sale of up to 36.7 million shares by selling shareholders

* ‍IPO consists of fresh issue of up to 24.5 million equity shares

* ‍Co got in-principle approvals from BSE, NSE for listing of equity shares

* IPO book running lead managers include Edelweiss Financial Services, IIFL Holdings , SBI Capital Markets Source text: (bit.ly/2vOSGgf) Further company coverage:

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