Name of the issue: Reliance Nippon Life Asset Management Limited 1 Type of issue (IPO/ FPO) Initial Public Offer ("IPO") 2 Issue size (Rs crore) 1,542.24 3 Grade of issue along with name of the rating agency Not Applicable 4 Subscription level (number of times)* 57.25 * Before technical rejections and including Anchor portion Source: Final Post Issue Monitoring Report dated November 6, 2017 5 QIB holding (as a % of total outstanding capital)* as disclosed to stock exchanges 6 %age (i) allotment in the issue (1) 5.00% (ii) at the end of the 1st Quarter immediately after the listing of the issue (as of December 31, 2017) (2) (iii) at the end of 1st FY (March 31, 2018) (3) (iv) at the end of 2nd FY (March 31, 2019) (3) (v) at the end of 3rd FY (March 31, 2020) (3) * QIB holding disclosed represents the sum of the 'Institutions' category in the reporting (1) Source: Basis of Allocation and Prospectus dated October 30, 2017 (2) QIB Holding is not disclosed as reporting for relevant period has not been completed (3) QIB Holding is not disclosed as reporting for relevant fiscal period / year has not been completed Financials of the issuer (as per the annual financial results submitted to stock exchanges under SEBI Listing Obligations and Disclosure Requirement Regulations, 2015, as applicable) Parameters (Rs. in crores) 1st FY (March 31, 2nd FY (March 31, 3rd FY (March 2018) (1) 2019) (1) 31, 2020) (1) Income from operations Net Profit for the period Paid-up equity share capital Reserves excluding revaluation reserves (1) Financials not disclosed as reporting for the relevant fiscal year has not been completed.
7 Trading status in the scrip of the issuer The company's equity shares are listed on the BSE Limited ("BSE") and the National Stock Exchange of India Limited ("NSE") The shares have not been suspended or delisted (i) at the end of 1st FY (March 31, 2018)* (ii) at the end of 2nd FY (March 31, 2019)* (iii) at the end of 3rd FY (March 31, 2020)* * Trading status not disclosed as reporting for the relevant fiscal year has not been completed. Status 8 Change, if any, in directors of issuer from the disclosures in the offer document (i) at the end of 1st FY (March 31, 2018)* (ii) at the end of 2nd FY (March 31, 2019)* (iii) at the end of 3rd FY (March 31, 2020)* Source: NSE and BSE * Changes in Directors not disclosed as reporting for the relevant fiscal years has not been completed Name of Director Nature of changes 9 Status of implementation of project/ commencement of commercial production (i) as disclosed in the offer document (ii) Actual implementation (iii) Reasons for delay in implementation, if any Not Applicable
10 Status of utilization of issue proceeds (i) as disclosed in the Prospectus Setting up new branches and relocating certain existing branches (Figures in INR million) Amount to be deployed from the Net Proceeds in Fiscal 2019 Fiscal 2020 Fiscal 2021 Upgrading the IT system 406.45 406.45 146.43 127.43 132.59 Advertising, marketing and brand building activities 720.92 720.92 199.87 240.61 280.44 Lending to our Subsidiary (Reliance AIF) for investment of continuing interest in the new AIF schemes managed by Reliance AIF Total Estimated Cost Amount to be funded from Net Proceeds 383.06 383.06 125.51 124.93 132.62 1,250.00 1,250.00 350.00 350.00 550.00 Investing towards our continuing interest in new mutual fund 1,000.00 1,000.00 350.00 350.00 300.00 schemes managed by us Funding inorganic growth and strategic initiatives 1,650.00 1,650.00 1650.00* General corporate purposes 440.67 440.67 440.67 - - Total 5,851.10 5,851.10 1,612.48 1,192.97 3045.65* * For the purposes of abovementioned presentation of aggregate deployment of the Net Proceeds over the Fiscals 2019-2021, towards the object of Funding inorganic growth and strategic initiatives, it has been assumed that the said deployment will be made in the Fiscal 2021 Source: Prospectus dated October 30, 2017 (ii) Actual utilization: Will be updated in due course as the relevant time period has not been completed (iii) Reasons for deviation, if any: Will be updated in due course as the relevant time period has not been completed 11 Comments of monitoring agency, if applicable (a) Comments on use of funds (b) Comments on deviation, if any, in the use of proceeds of the issue from the objects stated in the Prospectus (c) Any other reservations expressed by the monitoring agency about the end use of funds Will be updated in due course as the relevant time period has not been completed
12 Price- related data Issue price (Rs): 252.00 Listing date 6-Nov-17 Price parameters At close of listing day (November 6, 2017) At close of 30th calendar day from listing day (December 5, 2017) Closing price High during the FY Low during the FY Market Price (NSE) 284.40 262.55 Market Price (BSE) 284.00 261.10 Index of the Designated Stock 10,451.80 10,118.25 Exchange (NSE) - Nifty 50 Sectoral Index # Price related data not disclosed as the relevant period / fiscal years have not been completed Source: BSE, NSE, Bloomberg Price parameters As at March 31, 2019 # At close of 90th calendar day from listing day # As at March 31, 2018 # As at March 31, 2020 # Closing price High during the FY Low during the FY Closing price High during the FY Low during the FY Market Price (NSE) Market Price (BSE) Index of the Designated Stock Exchange (NSE) - Nifty 50 Sectoral Index # Price related data not disclosed as the relevant period / fiscal years have not been completed Source: BSE, NSE, Bloomberg
13 Basis for Issue Price and Comparison with Peer Group & Industry Average Accounting ratio EPS (Basic) EPS (Diluted) P/E (Basic) P/E (Diluted) RoNW V per share based on balance sheet Reliance Nippon Life Asset Management Limited As disclosed in the offer document (1) At the end of 1st FY (March 31, 2018) (3) At the end of 2nd FY (March 31, 2019) (3) At the end of 3rd FY (March 31, 2020) (3) Standalone 6.87 Consolidated 6.85 Industry Avg: Standalone 6.87 Consolidated 6.85 Industry Avg: Standalone 36.68 Consolidated 36.79 Industry Avg: Standalone 36.68 Consolidated 36.79 Industry Avg: Standalone 22.00% Consolidated 21.00% Industry Avg: Standalone 31.31 Consolidated 31.71 Industry Avg: (1) Sourced from Prospectus dated October 30, 2017 for the year ended March 31, 2017 (2) There are no comparable listed peers in India. (3) Not disclosed as the relevant fiscal year has not been completed 14 Any other material information Not applicable For further updates and information, please refer stock exchange websites i.e. www.nseindia.com and www.bseindia.com Note: In case any of the above reporting dates happens to be a holiday, the immediately following working day has been taken