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RELINFRA - Reliance Infrastructure News Story

₹53.05 4.8  10.0%

Last Trade - 11:16am

Small Cap
Market Cap £123.8m
Enterprise Value £695.2m
Revenue £1.58bn
Position in Universe 780th / 3108

BRIEF-Reliance Infrastructure InvIT Fund files for IPO

Fri 16th December, 2016 8:34am
Dec 16 (Reuters) - Reliance Infrastructure Ltd  RLIN.NS  
    * Reliance Infrastructure InvIT Fund files DRHP with SEBI 
    * RINFRA InvIT will own 10 toll road assets 
    * Says Axis Capital, DSP Merrill Lynch, UBS Securities are 
acting as global coordinators and book running lead managers. 
    * Proposed issue size of INR 30 billion 
    * Says InvIT Fund will have low leverage upon listing, 
providing debt capacity to finance future growth. 
    * Reliance Nippon Life Asset Management Limited, is the 
investment manager to the InvIT Fund. 
    * SBI Capital Markets and Yes Securities are acting as book 
running lead managers 
    * Proposed issue with an option to retain over-subscription 
upto 25 pct 
Source text: 
Further company coverage:  RLIN.NS  
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