Wednesday, November 28, 2018

Reliance CPSE ETF FFO 3 Dates, Price Band, Market Lot, Discount Details

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:
  • Good for Short Term and Long Term
Reliance CPSE ETF Dates & Price Band: (Approx)
  • 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
Reliance CPSE ETF Market Lot:
  • Minimum Application: Rs.5,000
  • Maximum Application: Rs.2,00,000
Reliance CPSE ETF Documents Required:
  • PAN Card Number
  • KYC Copy
  • Client Master
How to Apply Reliance CPSE ETF: Click Here

**Attractive Valuation:
Attractive Valuation and Dividend Yield – Compared to Other Broader Indices
Index NameP/E RatioP/B RatioDividend Yield (%)
Nifty CPSE9.371.425.25
Nifty 5025.003.291.27
Nifty Next 5038.233.771.04
Nifty 10026.203.351.24
Nifty 50028.883.101.19
Source: NSE. Data as of October 31, 2018 | Note :The stock composition of all the above indices are different