Reliance Nippon AMC

Analysts expect a YoY fall of 12-20% in revenue, and 7-10% in operating profit in the June quarter

Equity funds account for 42 per cent and 52 per cent of AUMs for HDFC AMC and Nippon AMC, respectively

Analysts at Centrum Broking said the Indian mutual fund industry has several structural factors in place which will lead to its multi-year growth.

Maximum bids came at Rs 267 per share, higher than the floor price of Rs 262

In comparison, the company had a net profit of Rs 1.02 billion in July-September quarter of 2017-18, RNAM said in a regulatory filing to the stock exchanges

The profitability gap between RNLAM and its immediate competitor SBI AMC is four bps

The company's IPO was oversubscribed 81.54 times during October 25-27

The firm has fixed the price band at Rs 247-252 per share

The price band for the maiden offer is Rs 247-252 per share