India: Reliance Nippon Life IPO sets price band, seeks to raise up to $237m

India: Reliance Nippon Life IPO sets price band, seeks to raise up to $237m

Photo: Mint

Reliance Nippon Life Asset Management Ltd’s initial public offering (IPO), the first by an Indian mutual fund manager, seeks to raise up to Rs1,542 crore with the company on Thursday setting a price range of Rs247-252 per share.

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