Aditya Birla Sun Life AMC Ltd IPO , GMP, Lot Size Review

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About Aditya Birla Sun Life AMC Ltd IPO: Aditya Birla Sun Life AMC IPO is a primary board IPO of 38,880,000 value shares of the assumed worth of ₹5 collecting up to ₹2,768.26 Crores. The issue is priced at ₹695 to ₹712 per value share. The base request amount is 20 Shares.

The IPO opens on Sep 29, 2021, and closes on Oct 1, 2021.

KFintech Private Limited is the enlistment center for the IPO. The shares are proposed to be recorded on BSE, NSE.

Aditya Birla AMC’s initial public offering (IPO) is completely a proposal available to be purchased, wherein two ventures, Aditya Birla Capital and Sun Life (India) AMC Investments will strip their stake in the asset management firm.

Aditya Birla Sun Life AMC Ltd IPO Company Profile:

Consolidated in 1994, Aditya Birla Sun Life AMC is set up as a joint endeavor among ABCL and Sun Life AMC. The company dealt with an absolute AUM of ₹2,736.43 Bn under shared assets (barring homegrown FoFs), portfolio management administrations, seaward, and land offerings, as of December 31, 2020. The company oversaw 135 plans including 35 value, 93 obligations, 2 fluid plans, 5 ETFs, and 6 domestics FoFs as of December 31, 2020. The company’s Monthly average assets under management (MAAUM) from institutional investors was ₹1,412.43 Bn as of December 31, 2020, which was the fourth-biggest among its friends, as per CRISIL.

The company has robotized and digitized a few parts of its tasks remembering for connection to client onboarding, online installments and different exchanges, store management, managing, bookkeeping, client assistance, information investigation, and different capacities.

Aditya Birla Sun Life AMC Ltd IPO Time Table

The Aditya Birla Sun Life AMC IPO open date is Sep 29, 2021, and the nearby date is Oct 1, 2021. The issue might list on Oct 11, 2021.

IPO Open Date Sep 29, 2021
IPO Close Date Oct 1, 2021
Basis of Allotment Date Oct 6, 2021
Initiation of Refunds Oct 7, 2021
Credit of Shares to Demat Account Oct 8, 2021
IPO Listing Date Oct 11, 2021

Aditya Birla Sun Life AMC Ltd IPO Details

IPO Opening Date Sep 29, 2021
IPO Closing Date Oct 1, 2021
Issue Type Book Built Issue IPO
Face Value ₹5 per equity share
IPO Price ₹695 to ₹712 per equity share
Market Lot 20 Shares
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)

Aditya Birla Sun Life AMC Ltd IPO Lot Size

The Aditya Birla Sun Life AMC IPO market lot size is 20 shares. A retail-individual investor can apply for up to 14 lots (280 shares or ₹199,360).

Application Lots Shares Amount (Cut-off)
Minimum 1 20 ₹14,240
Maximum 14 280 ₹199,360

 

Aditya Birla Sun Life AMC Ltd Contact Information

Aditya Birla Sun Life AMC Ltd
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
Website: https://mutualfund.adityabirlacapital.com

GMP For Aditya Birla Sun Life AMC Ltd IPO

According to market eyewitnesses, Aditya Birla AMC shares are accessible at a premium (GMP) of ₹17 in the dark market today. The grey market is an informal stage, wherein trading begins after the declaration of the IPO price band till the posting of IPO shares.

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FAQs

1. Who is qualified for shareholders portion in Aditya Birla Sun Life AMC Ltd IPO?

Any Individuals and HUFs holding shares of Aditya Birla Capital (ABCL) in the Demat account as of September 22, 2021 (date of the RHP recording) are qualified for applying under shareholders amount in Aditya Birla Sun Life AMC Ltd IPO.

The ABCL shareholders can apply for a sum most extreme up to the held piece for the investor’s classification.

2. Will ABCL shareholders apply in the two shareholders and retail classification in Aditya Birla Sun Life AMC Ltd IPO?

ABCL shareholders are qualified to apply in the two classes – Retail (up to Rs 2 lakhs), Shareholder (up to Rs 2 lakhs).

3. How to apply in Aditya Birla Sun Life AMC IPO through Zerodha?

Zerodha customers can apply online in Aditya Birla Sun Life AMC IPO utilizing UPI as a payment door. Zerodha customers can apply in Aditya Birla Sun Life AMC IPO by login into Zerodha Console (administrative center) and submitting an IPO application structure.

Steps to apply in Aditya Birla Sun Life AMC IPO through Zerodha

1. Visit the Zerodha site and login to Console.

2. Go to Portfolio and click the IPOs interface.

3. Go to the ‘Aditya Birla Sun Life AMC IPO’ column and click the ‘Bid’ button.

4. Enter your UPI ID, Quantity, and Price.

5. ‘Submit’ IPO application structure.

6. Visit the UPI App (net banking or BHIM) to endorse the order.

Visit Zerodha IPO Application Process Review for more detail.

4. When Aditya Birla Sun Life AMC IPO will open?

The Aditya Birla Sun Life AMC IPO opens on Sep 29, 2021, and closes on Oct 1, 2021.

5. What is the lot size of Aditya Birla Sun Life AMC IPO?

Aditya Birla Sun Life AMC IPO lot size is 20 Shares and the base request amount is 20 Shares.

6. How to apply for Aditya Birla Sun Life AMC IPO?

You can apply in Aditya Birla Sun Life AMC IPO internet utilizing either UPI or ASBA as a payment technique. ASBA IPO application is accessible in the net banking of your bank account. UPI IPO application is presented by intermediaries who don’t offer banking administrations. Peruse more insight regarding apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

7. When is Aditya Birla Sun Life AMC IPO allotment?

The finish of Basis of Allotment for Aditya Birla Sun Life AMC IPO will be done on Oct 6, 2021, and the allotted shares will be credited to your Demat account by Oct 8, 2021. Check the Aditya Birla Sun Life AMC IPO allotment status.

8. When is Aditya Birla Sun Life AMC IPO posting date?

The Aditya Birla Sun Life AMC IPO posting date isn’t yet reported. The tentative date of Aditya Birla Sun Life AMC IPO posting is Oct 11, 2021.

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