Aditya Birla Sun Life AMC IPO listing date on BSE & NSE: Listing on Oct 11, check GMP

Aditya Birla Sun Life AMC IPO is likely to make its debut on Indian exchanges - BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) on Monday, October 11. public issue went live on September 29 and concluded on October 1. Aditya Birla Sun Life AMC IPO received bids for around 14.60 crore equity shares against issue size of 2.78 crore shares.

share allotment was finalised on Wednesday, October 6 and refunds were initiated on next day. price band has been fixed at Rs 695-712 per share. portion reserved for Retail Individual Investors (RIIs) was subscribed 3.34 times. shares set aside for Qualified Institutional Buyers (QIBs) and n-Institutional Investors (NIIs) were booked 10.36 times and 4.39 times respectively. 

Aditya Birla Sun Life AMC IPO listing GMP

Grey Market Premium (GMP) of Aditya Birla AMC IPO was around Rs 27 on Saturday. pricing in ufficial markets suggests that IPO can list at a premium of Rs 15 to Rs 35 on debut on bourses. Aditya Birla AMC raised Rs 2,768 crore through its IPO which was an OFS (Offer for Sale) by promoters Sun Life AMC and Aditya Birla Capital. firm will t get any proceeds from OFS.

Meanwhile, if you haven't checked your Aditya Birla Sun Life AMC IPO share allotment status, you can visit BSE's official website- www.bseindia.com and confirm status. Allotment status can also be checked on KFin Techlogies' website- ris.kfintech.com/ipostatus/ipos.aspx.

About Aditya Birla Sun Life AMC

Formerly kwn as Birla Sun Life Asset Manment Company Limited, Aditya Birla Sun Life Asset Manment Company Ltd (ABSLAMC) is an investment managing company registered under SEBI. It looks after investment of Aditya Birla Mutual Fund. "Having total domestic assets under manment (AUM) of over to Rs.2.6 lakh crore for quarter ended March 31, 2021. ABSLAMC is one of leading Fund Houses in India based on domestic aver AUM as published by Association of Mutual Funds of India (AMFI)," company said on its website. Aditya Birla Sun Life AMC is present in more than 280 locations across country.

Im: PTI