Reliance Nippon Life Asset Management Limited IPO raises Rs 462.67 Cr from anchor investors which opened and closed on October 24, 2017.
The anchor book received an overwhelming response for the investors as it was subscribed 30+ times.
Reliance Nippon Life Asset Management Limited allocated 18,360,000 shares to 35 anchor investors at the higher end of the IPO price band of Rs 252 per share.
Few of the prominent names include:
Large Sovereign Wealth Fund - Abu Dhabi Investment Authority, Kuwait Investment Authority
Foreign institutional investors - Fidelity International, Morgan Stanley, Eastspring Investments, Columbia Threadneedle Investments, Pictet, DE SHAW and Neuberger Berman
Top mutual fund houses - HDFC MF, Birla MF, SBI MF, UTI MF, DSP Blackrock MF, IDFC MF
Large private insurance companies - ICICI Prudential Life, Bajaj Allianz