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Aditya Birla Sun Life AMC Ltd IPO (Aditya Birla Sun Life AMC IPO)

Aditya Birla Sun Life AMC Ltd IPO (Aditya Birla Sun Life AMC IPO)

Aditya Birla Sun Life AMC was incorporated in 1994 and is a joint venture of Aditya Birla Group and Sun LifeFinancial Inc of Canada. The company has a total AUM (under mutual fund,portfolio management services, offshore andreal estate offerings) of ₹2,736.43 Bn as of 31st December 2020. In terms of the IPO subscription, eligibleinstitutional buyers will receive half of the issue size, retail investors would receive 35%, and non-institutionalinvestors will receive the remaining 15%. The company is planning an initial public offering (IPO) in order to reapthe benefits of listing equity shares on stock exchanges and to sell up to 38,880,000 equity shares to shareholders.
IPO Opening Date Sep 29, 2021
IPO Closing Date Oct 1, 2021
Face Value ₹5 per equity share
IPO Price ₹695 to ₹712 per equity share
Market Lot 20 Shares/td>
Min Order Quantity 20 Shares
Listing At BSE, NSE
Issue Size 38,880,000 Eq Shares of ₹5
(aggregating up to ₹2,768.26 Cr)
Offer for Sale 38,880,000 Eq Shares of ₹5
(aggregating up to ₹2,768.26 Cr)
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ipo, Aditya Birla IPO, recent ipo, Sun Life AMC IPO, Aditya Birla Sun Life AMC Ltd IPO, Aditya Birla Sun Life ipo launch, Aditya Birla Sun Life ipo
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