Reliance CPSE ETF Further Fund Offer 3 (FFO 3) ipo is going to hit the market on 28 November 2018. The anchor investors bidding is on 27 November 2018. Reliance CPSE ETF FFO 3 to start from 28-Nov-18 and close on 30-Nov-18.
Note: Reliance CPSE ETF Anchor Investors bids 5.5 times overall around 13,300 crore.
Reliance CPSE ETF includes ONGC, NLC India Ltd, Coal India Ltd, Rural Electrification Corporation Ltd, Oil India Ltd, IOC, Power Finance Corporation Ltd, NBCC (India) Ltd, Bharat Electronics Ltd, NTPC Ltd, SJVN Ltd. Reliance CPSE ETF is managed by Reliance Nippon Life Asset Management Limited.
Reliance CPSE ETF Review:
Note: Reliance CPSE ETF Anchor Investors bids 5.5 times overall around 13,300 crore.
Reliance CPSE ETF includes ONGC, NLC India Ltd, Coal India Ltd, Rural Electrification Corporation Ltd, Oil India Ltd, IOC, Power Finance Corporation Ltd, NBCC (India) Ltd, Bharat Electronics Ltd, NTPC Ltd, SJVN Ltd. Reliance CPSE ETF is managed by Reliance Nippon Life Asset Management Limited.
- Good for Short Term and Long Term
- IPO Open: 28-November-2018
- IPO Close: 30-November-2018 (Upto 3PM)
- IPO Size: Approx Rs. 14,000 Crore (Approx)
- Discount: FFO 3 *4.50% discount is applicable to all investors.
- Category: 30% Anchor Investors, 70% Others
- Minimum Application: Rs.5,000
- Maximum Application: Rs.2,00,000
Reliance CPSE ETF Documents Required:
- PAN Card Number
- KYC Copy
- Client Master
**Attractive Valuation:
Attractive Valuation and Dividend Yield – Compared to Other Broader Indices
| Index Name | P/E Ratio | P/B Ratio | Dividend Yield (%) |
| Nifty CPSE | 9.37 | 1.42 | 5.25 |
| Nifty 50 | 25.00 | 3.29 | 1.27 |
| Nifty Next 50 | 38.23 | 3.77 | 1.04 |
| Nifty 100 | 26.20 | 3.35 | 1.24 |
| Nifty 500 | 28.88 | 3.10 | 1.19 |
Source: NSE. Data as of October 31, 2018 | Note :The stock composition of all the above indices are different
