Aditya Birla Sun Life AMC IPO GMP - Grey Market Premium Today
We will talk about Aditya Birla Sun Life AMC IPO - Aditya Birla Sun Life IPO GMP (Aditya Birla Sun Life AMC IPO Grey Market Premium) , Kostak rates, and Subject to Sauda rates, Aditya Birla Sun Life IPO Review, Pros and Cons. We will update Gray Market Premium everyday. Aditya Birla Sun Life IPO date is yet to be announced. All important information and links about Aditya Birla Sun Life IPO is given below.
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| Aditya Birla Sun Life AMC IPO |
Aditya Birla Sun Life AMC IPO is all set to hit the market on 29 September 2021 Wednesday. The company wants to raise Rs 2768 Crores through IPO (Initial public offering). The price band of Aditya Birla Sun Life AMC IPO is ₹695 to₹721. The retail portion for this IPO is 35%. Company bringings all shares under offer for sale. According to reports Aditya Birla Capital Limited (ABCL) and Aditya Birla Sun Life (India) AMC Investments inc is the 4th largest fund house in India. The Aditya Birla Sun Life AMC IPO to list on 11 October on BSE and NSE. Aditya Birla Sun Life AMC is yet to file RHP with SEBI. However, the IPO was approved by SEBI after the DRHP was submitted on 01 September.
What is Aditya Birla Sun Life IPO GMP Today?
Aditya Birla Sun Life IPO GMP is ₹45 as of today.
What is Aditya Birla Sun Life IPO Kostak Rates Today?
Aditya Birla Sun Life IPO Kostak Rates is ₹350.
What is Aditya Birla Sun Life IPO Expected Returns (in %)?
Aditya Birla Sun Life IPO Expected Returns is 10 to 15%.
About Aditya Birla Sun Life AMC
Aditya Birla Sun Life AMC was established in 1994, as a joint venture between ABCL (Aditya Birla Capital Ltd) and Sun Life AMC. If reports are to be believed, the company managed a total AUM of approximately ₹2,736 Bn under mutual fund portfolio management services, offshore, and real estate offerings as of December 31, 2020.
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| Aditya Birla Sun Life AMC IPO |
The company managed 135+ schemes comprising of 35 Equity, 93 Debt, 2 Liquid. The Company's Monthly Average Asset Management (MAAUM) from Institutional Investors was ₹1,412.43 Bn as of December 31, 2020. The company is India's fourth-largest company in this sector.
Purpose of the offer
- To meet the offer for sale of approximately 38,880,000 equity shares by the shareholders selling their shares.
- The company wants to be able to reap the benefits of listing the shares on the stock exchanges.
Aditya Birla Sun Life GMP Today (Grey Market Premium)
Aditya Birla Sun Life IPO Date and Price Band Details
Aditya Birla Sun Life IPO opening date is 29 September 2021, the Closing date is 01 October 2021, and the Listing date is 11 October 2021. The price band of Aditya Birla Sun Life IPO is ₹695 to ₹712 per share. Aditya Birla Sun Life IPO issue size is approx Rs 2768 crores.
| IPO Open: | 29 September 2021 |
| IPO Close: | 01 October 2021 |
| Listing Date: | 11 October 2021 |
| Listing On: | NSE & BSE |
| IPO Size: | Approx ₹2768Cr. |
| Fresh Issue: | ₹0 |
| Offer For Sale: | ₹2768 Crores |
| Price Band: | ₹695 to ₹712 per share |
| Face Value: | ₹5 per Equity share |
| PE: | N/A |
| Equity: | To be updated |
| Retail Portion: | 35% |
Aditya Birla Sun Life IPO Market Lot & Size
Aditya Birla Sun Life IPO minimum lot size is 20 shares with ₹14240 application amount and maximum lot size is 280 shares with ₹199360 application amount.
| Minimum Lot: | 01 |
| Minimum Lot Size: | 20 Shares |
| Minimum Amount: | ₹14240 |
| Maximum Lot: | 14 |
| Maximum Lot Size: | 280 Shares |
| Maximum Amount: | ₹199360 |
Aditya Birla Sun Life IPO Allotment & Listing Date
| Ipo Opening Date: | September 2021 |
| IPO Closing Date: | 01 October 2021 |
| Basis of Allotment: | 06 October 2021 |
| Refund Date: | 07 October 2021 |
| Credit to Demat Account: | 08 October 2021 |
| Listing Date: | 11 October 2021 |
Aditya Birla Sun Life IPO Review
Anil Singhvi Review: To be updated.
Brokerage Firm IPO Reviews
- Motilal Oswal: To be updated
- ICICI Securities: To be updated
- Capital Market: To be updated
- Ventura Securities Limited: To be updated
- GEPL Capital Ltd: To be updated soon
[ ! Note:- Not Rated Yet ]Updated Soon
Strength
- Aditya Birla is a brand that people trust and reach across the country.
- The company's customer base is growing rapidly which is a positive factor.
- The company has a well-diversified product portfolio and also brings out innovative plans that help in garnering new customers
- Aditya Birla Sun Life has a presence in the online market and offline markets. Transactions can also be done through the company's website.
- The company is India's largest non-bank-linked asset management company.
- Along with quite experienced promoters in the company, the company is well recognized as a well recognized and trusted brand.
weakness
- The company's financials are not stable.
- The company has suffered a lot due to Covid-19.
- Aditya Birla Sun Life has a lot of competition in fund management companies.
- Aditya Birla Sun Life AMC operates in various sectors that reduce focus and restrict expertise, also increasing the risk of competition as they are players who have already established their niche.
Aditya Birla Sun Life Financials
Aditya Birla Sun Life Financials (in millions)
| Year | Total Assets | Revenue | Profit |
|---|---|---|---|
| 2019 | ₹14,984 | ₹14,072 | 4,467 |
| 2020 | ₹15,719 | ₹12,347 | 4,944 |
| 2021 | ₹19,595 | ₹8,736 | 3,695 |
Contact Info
Aditya Birla Sun Life AMC Limited
One World Center, Tower-1, 17th Floor
Jupiter Mills Compound, 841, S. B. Marg
Elphinstone Road, Mumbai, 400013
Phone: +91 22 4356 8008
Email: ABSLAMC.CS@adityabirlacapital.com
Lead Managers
- HDFC Bank Limited
- Kotak Mahindra Capital Company Limited
- ICICI Securities Limited
- Axis Capital Limited
- Motilal Oswal Investment Advisors Pvt Ltd
- BofA Securities India Limited
- Citigroup Global Markets India Private Limited
- IIFL Securities Ltd
- JM Financial Consultants Private Limited
- SBI Capital Markets Limited
- Yes Securities (India) Limited
FAQs About Aditya Birla Sun Life Ipo
What is the opening date of Aditya Birla Sun Life IPO?
Aditya Birla Sun Life IPO opening date is 29 September 2021.
What is Aditya Birla Sun Life IPO GMP Today?
Aditya Birla Sun Life IPO GMP is ₹50 as of today.
How much is Aditya Birla Sun Life IPO Kostak Rate Today?
Aditya Birla Sun Life IPO Kostak Rate is ₹350 as of today.
What is the Aditya Birla Sun Life IPO Closing date?
Aditya Birla Sun Life IPO Closing date is 01 October 2021.
What is the Aditya Birla Sun Life IPO allotment date?
Aditya Birla Sun Life IPO allotment date is 06 October 2021.
What is the Aditya Birla Sun Life IPO listing date?
Aditya Birla Sun Life IPO listing date is 11 October 2021.
What is the Aditya Birla Sun Life IPO Price band?
Aditya Birla Sun Life IPO price band is ₹695 to ₹712.
What is Aditya Birla Sun Life IPO Subject to Sauda Today?
Aditya Birla Sun Life IPO Subject to Sauda is ₹1200 as of today.
What is the issue size of Aditya Birla Sun Life IPO?
The issue Size Of Aditya Birla Sun Life IPO is ₹2768 Crores.
What is Aditya Birla Sun Life IPO Expected Returns after Listing?
Aditya Birla Sun Life IPO Expected Returns is 25%.
Read More:
For other important information related to the stock market and Grey Market Premium, Costak rate, you can click on the links given below.
How to Apply the Aditya Birla Sun Life AMC IPO with Zerodha?
1). Open your Zerodha kite app and visit the Account tab, then see for console and click on IPO.
2). If you are a pc user then Log in to Console on Zerodha Website. Go to Portfolio and Click on IPO.
3). You will see the IPO name "Aditya Birla Sun Life".
4). Then, Click on Bid Button.
5). Then, Enter your right UPI ID.
6). Then, Fill in Quantity and Price. (we recommend, you should choose the cutoff price.)
7). Then Submit the IPO Application Form.
8). Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.
7). Then Submit the IPO Application Form.
8). Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.
!Note:- Aditya Birla Sun Life IPO official details not yet announced. We will update you when the final details of the Aditya Birla Sun Life IPO are announced. As of today, the IPO Gray Market Premium (Aditya Birla Sun Life IPO GMP) has not started. You can visit our page for daily Aditya Birla Sun Life IPO grey market premium and updates.
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