Reliance Nippon Life Asset Management (RNam) -- which manages the CPSE ETF for the government -- is expected to hit the market with the sixth (fifth follow-on offer) tranche of the ETF next week. The follow-on fund offer is expected to have a base size offer of Rs 8,000 crore with an additional green shoe option, according to people in the know.
According to sources, the issue can open for subscription on July 18; first for anchor investors, followed by non-anchor book.
