Reliance Cap expression of interest had received 60 bids for asset monetisation. SBI Life and Apollo are the new bidders who have submitted there own expressions of interest for Reliance Capital’s assets. 8 bids have been received for entire RCAP assets.
Earlier the last date of submission of EOI was December 01 but the dates were extended to December 17. The most prominent bidders for various RCAP are Chryscap, J.C. Flower, Blackstone, KKR, CVC Capital Partners, Bain Capital, NIIF, Arpwood Partners and Multiples Asset Management among others.