Aditya Birla Sun Life Share Price Ipo, Aditya Birla Sun Life Amc Ipo Subscribed 56 On Day 1 Business Standard News

Oktober 11, 2021

Advertisement Further analysts are positive on the long term. Aditya Birla Sun Life AMC IPO aka ABSL AMC share to list on NSE and BSE on 11 October 2021 Monday at 1000 AM.

Aditya Birla Sun Life Amc Ipo Share Allotment Grey Market And Listing Date

Aditya Birla Sun Life AMC is the fourth largest mutual fund house in the country with 275 billion.

Aditya birla sun life share price ipo. The price band of Aditya Birla Sun Life IPO is 695 to 712 per share. 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. Aditya Birla Sun Life AMC share price band is Rs 695 to Rs 712 per share.

Aditya Birla Sun Life AMC IPO. 1 On the upper price band of Rs 712 and last 3 years average EPS of Rs 1744 the PE ratio works out 41x. The price band of the IPO is fixed at Rs 695-712 per share.

The IPO for Aditya Birla Sun Life AMC opened Wednesday September 29 and will close on October 1 with a price band of 695-712. The IPO subscribed 524 times in that Qualified Institutional Buyer QIB 1036x Non-institutional Bidders NII 439x and Retail RII 324x. The IPO consists of an initial public offer of up to 38880000 Eq Shares of 5 aggregating up to 276826 Cr.

Shares by Sun Life AMC. The company will not directly receive any proceeds from the offer and all the offer proceeds will be received by the selling shareholders in proportion to the offered shares. The company managed total AUM of 293642 billion under the suite of mutual fund excluding the domestic FoFs portfolio management services offshore and real estate offerings as of June 30 2021.

The retail investors can apply up-to 14 lots 280 shares with 199360 application amount. Aditya Birla Sun Life AMC Limited is one of the largest non-bank affiliated Asset Management Company in India. The expected listing price of Aditya Birla Sun Life AMC IPO depends on many factors including demand nature of the business market environment and state of the economy.

Aditya Birla Sun Life AMCs Rs 276825 crore IPO is an offer for sale of up to 2851 lakh shares by Aditya Birla Capital and up to 36 crore shares by Sun Life AMC. The retail investors can apply up-to 14 lots 280 shares with 199360 application amount. Aditya Birla Sun Life AMC IPO is a main-board IPO of 38880000 equity shares of the face value of 5 aggregating up to 276826 Crores.

2 If we take FY21 EPS of Rs 1827 the PE ratio works out to 39x. Its shares were trading at Rs 742 in the grey market a 42 percent premium over the expected final issue price of Rs 712 per share the IPO Watch and IPO Central data showed. Offer for sale comprises sale of 2850880 equity shares by Aditya Birla Capital and up to 36029120 equity shares by Sun Life AMC.

Aditya Birla Groups AMC arm Aditya Birla Sun Life AMC IPO will open for subscription on 29 September at a price band of Rs 695-712 per share of. The Aditya Birla Sun Life AMC IPO minimum market lot is 20 shares with 14240 application amount. September 26 2021.

However the company has declared 5 face value of each equity share on its way to be listed in stock exchanges. Due to lower interest in grey market the stock was not able to get more subscription but still we have seen some good numbers in QIBs. The minimum order quantity is 20 Shares.

It is entirely an offer for sale of up to 285 Lakh by Aditya Birla Capital and up to 36 Cr. At the upper end of the IPO price band Aditya Birla Sun Life AMC Ltd. The Subject to Sauda price for Aditya Birla Sun Life AMC Limited IPO is 800.

IPO FAQ When will Aditya Birla Sun Life AMC IPO opens for a subscription. On BSE the AMCs stock was listed at a per share price of Rs 712. Aditya Birla Sun Life IPO Expected Share Price The price for the Aditya Birla Sun Life IPO has not been announced yet.

Aditya Birla Sun Life AMC IPO. The company managed a total AUM of 273643 billion under their suite of mutual fund excluding domestic FoFs portfolio management. What is the price band of Aditya Birla Sun Life AMC IPO.

The company had priced the issue at 712 at the upper end of the price band at 695-712. The issue is priced at 695 to 712 per equity share. 3 Means company is asking IPO price in the PE range of 39x to 41x.

The issue size is consists of 38 Cr. The Kostak price of Aditya Birla Sun Life AMC Limited IPO is 250. Aditya Birla Sun Life IPO issue size is approx Rs 2768 crores.

The price range for. The initial public offer comprises of offer for sale of 38880000 equity shares. Shares of Aditya Birla Sun life AMC will be listed today at the bourses after successful IPO.

What is the issue size of ABSL AMC IPO. The companys IPO had received bids for more than 1459 crore equity shares against IPO size of 277 crore equity shares generating bids worth Rs 10395 crore at upper price band Rs 712 per share. About Aditya Birla Sun Life AMC.

The issue size of the IPO is 2768 crore on the higher price band 695-712 per share. The Aditya Birla Sun Life AMC IPO grey market premium gives some hint but the actual listing price. Currently Aditya Birla Sun Life AMC shares traded at a price of Rs 757-762 per share in the grey market a premium of 63-7 percent premium over upper price band of Rs 712 per share the IPO.

Aditya Birla Sun Life AMC lists at Rs 715 per share on NSE. With a price band of Rs 695-712 per share the company hopes to raise Rs 2768 crore. Aditya Birla Sun Life IPO share price Latest Breaking News Pictures Videos and Special Reports from The Economic Times.

Pricing The company has a fixed price band of Rs 695 to Rs 712 per equity share with Rs 5 per equity share as the face value. Aditya Birla Sun Life AMC IPO subscription to start from Sep 29 to Oct 01 2021. By the end of 2021 brokerage firms estimate that the companys total assets will be around Rs 1572 crore.

What is the Subject to Sauda price for Aditya Birla Sun Life AMC Limited IPO. Aditya Birla Sun Life AMC Ltd has been ranked as the largest non-bank affiliated Asset Management Company in India by QAAUM since March 31 2018 and among the four largest AMCs in India by QAAUM since September 30 2011 according to CRISIL. Is offered at PE of 39x its FY21 earnings with a market capitalization of Rs 205056 million said Anandrathi Broking.

Aditya Birla Sun Life Amc Ipo Opens September 29 Everything You Need To Know