Reliance Nippon Life lists at 17% premium

Reliance Nippon Life lists at 17% premium

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Reliance Nippon Life Asset Management was listed at a 17% premium against its issue price of Rs 252 on the National Stock Exchange (NSE).

The stock listed at Rs 294 on the BSE (the Bombay Stock Exchange).

The stock was trading at Rs 289 on the NSE.It has hit a high of Rs,299 and a low of Rs.278.

The IPO was oversubscribed 81.54 times, according to NSE data.

The issue began from October 25 to October 27.