Aditya Birla Sun Life AMC IPO GMP - Grey Market Premium Today
Aditya Birla Sun Life AMC IPO will hit to market on 29 September 2021. Know about 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 information about Aditya Birla Sun Life IPO is given below.
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| Aditya Birla Sun Life AMC Ipo GMP |
Aditya Birla Sun Life AMC is all set to hit the market on 29 September 2021. The IPO price band of Aditya Birla Sun Life AMC has been fixed from ₹695 to ₹712. The total Issue size of Aditya Birla Sun Life AMC Ipo is Approx ₹2768 Crores. The company wants to raise Rs 2768 crores through Initial Public Offering (IPO). Where the company is bringing all the shares in this IPO under OFS (Offer for Sale), and no money will go into the company.
In this IPO, All shares worth Rs 2768 crores will be sold through an offer for sale. The Aditya Birla Sun Life AMC IPO will be listed on NSE and BSE on 11 October 2021. The company does a wide range of functions such as customer onboarding, online payments, and other transactions, fund management, dealing, accounting, customer service, data analytics, etc.
What is Aditya Birla Sun Life IPO GMP Today?
Aditya Birla Sun Life IPO GMP is ₹35 as of today.
What is Aditya Birla Sun Life IPO Kostak Rates Today?
Aditya Birla Sun Life IPO Kostak Rates is ₹-.
What is Aditya Birla Sun Life IPO Expected Returns (in %)?
Aditya Birla Sun Life IPO Expected Returns is 5% to 10%. (Changeable)
About Aditya Birla Sun Life
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.
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)
| DATE | GMP | COSTAK | Subject to Sauda |
|---|---|---|---|
| 10 October | ₹ | ₹- | ₹- |
| 09 October | ₹ | ₹- | ₹- |
| 08 October | ₹35 | ₹- | ₹- |
| 07 October | ₹35 | ₹- | ₹- |
| 06 October | ₹30 | ₹- | ₹- |
| 05 October | ₹10 | ₹- | ₹- |
| 04 October | ₹20 | ₹- | ₹- |
| 03 October | ₹20 | ₹- | ₹- |
| 02 October | ₹20 | ₹0 | ₹0 |
| 01 October | ₹20 | ₹0 | ₹0 |
| 30 September | ₹20 | ₹0 | ₹0 |
| 29 September | ₹35 | ₹250 | ₹800 |
| 28 September | ₹45 | ₹350 | ₹1200 |
| 27 September | ₹45 | ₹350 | ₹1200 |
| 26 September | ₹40 | ₹350 | ₹1200 |
| 25 September | ₹40 | ₹350 | ₹1200 |
| 24 September | ₹50 | ₹350 | ₹1200 |
| 23 September | ₹70 | ₹350 | ₹1200 |
| 22 September | ₹0 | ₹0 | ₹0 |
| 21 September | ₹0 | ₹0 | ₹0 |
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 September 2021. The price band of Aditya Birla Sun Life IPO is ₹695 to ₹720 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: | N/A |
| Offer For Sale: | Approx ₹2768 Cr. |
| Price Band: | ₹695 to ₹712 per share |
| Face Value: | ₹5 per Equity share |
| PE: | N/A |
| Equity: | 38,880,000 Equ. Shares |
| 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 ₹199,360 application amount.
| Minimum Lot: | 01 |
| Minimum Lot Size: | 20 Shares |
| Minimum Amount: | ₹14240 |
| Maximum Lot: | 14 |
| Maximum Lot Size: | 280 Shares |
| Maximum Amount: | ₹199,360 |
Aditya Birla Sun Life IPO Allotment & Listing Date
| Ipo Opening Date: | 29 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
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[ ! 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
- ICICI Securities Limited
- Axis Capital Limited
- Citigroup Global Markets India Private Limited
- Morgan Stanley India Company Private Limited
- J.P. Morgan India Private Limited
- Goldman Sachs (India) Securities Private 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 September 2021.
What is Aditya Birla Sun Life IPO GMP Today?
Aditya Birla Sun Life IPO GMP is ₹35 as of today.
How much is Aditya Birla Sun Life IPO Kostak Rate Today?
Aditya Birla Sun Life IPO Kostak Rate is ₹0 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 ₹0 as of today.
What is Aditya Birla Sun Life IPO Expected Returns after Listing?
Aditya Birla Sun Life IPO Expected Returns is 5% to 10%.
Read More:
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How to Apply the Aditya Birla Sun Life 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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