Aditya Birla Sun Life AMC IPO Listing on October 11 on NSE & BSE

IPO Initial Public Offerings
Aditya Birla Sun Life AMC IPO aka ABSL AMC share to list on NSE and BSE on 11 October 2021, Monday at 10:00 AM. 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 IPO subscribed 5.24 times in that Qualified Institutional Buyer (QIB) 10.36x, Non-institutional Bidders (NII) 4.39x and Retail (RII) 3.24x. The company reported a strong financial results in 2021 with PAT of ₹526 crores in 2021 against ₹494 crores in 2020. The revenues was stable in 2021 around ₹1206 crores against ₹1235 crores in 2020. The stock will list in B Group. We might see a premium listing for ABSL AMC share but it might affected by lower IPO GMP rates and market conditions. Check out the Aditya Birla Sun Life AMC IPO listing details as given below:

Latest Update: Aditya Birla Sun Life AMC IPO is listed at flat rate on indices today. The ABSL AMC share price traded at the IPO price ₹715 on NSE and ₹712 on BSE. As the grey market was steady the expected listing was on a flat rate as per the market speculations.

Aditya Birla Sun Life AMC

    Aditya Birla Sun Life AMC Share Price Live Quote

    DetailsBSE ListingNSE Listing
    IPO Price
    ₹712.00
    ₹712.00
    List Price
    ₹712.00
    ₹715.00
    High Price
    ₹721.00
    ₹722.90
    Low Price
    ₹696.00
    ₹695.35
    Close Price
    ₹699.65
    ₹699.45
    Volume
    6,79,694
    78,76,940

    BSE Notice of Listing: Notice 1 | Notice 2

    Aditya Birla Sun Life AMC IPO Listing Details

    Find the Aditya Birla Sun Life AMC IPO listing details like BSE Code, NSE Code, ISIN Number and Listing Group. The information given below will help you on the Aditya Birla Sun Life AMC share listing day.
    BSE Code543374
    NSE CodeABSLAMC
    GroupB Group
    ISIN NoINE404A01024
    Offer Price₹712
    Face Value₹5
    Listing Date11 October 2021, Monday

    Important Links:

    Aditya Birla Sun Life AMC IPO Subscription Status (Final Data)

    (Over Subscribed)

    The Aditya Birla Sun Life AMC IPO subscribed 5.24x on day 3. The subscription comprises Qualified Institutional Buyer (QIB) 10.36x, Non-institutional Bidders (NII) 4.39x and Retail (RII) 3.24.
    CategoryDay 1Day 2Day 3
    QIB0.00x0.06x10.36x
    NII0.14x0.40x4.39x
    RII1.09x2.00x3.24x
    SH/H0.31x0.71x1.53x
    Total0.56x1.08x5.24x

    Aditya Birla Sun Life AMC IPO Date & Price Band

     IPO Open: 29 September 2021
     IPO Close: 01 October 2021
     IPO Size: Approx ₹2768 Crores
     Fresh Issue: N/A
     Offer for Sale: Approx ₹2768 Crores (38,880,000 Eq. Shares)
     Face Value: ₹5 Per Equity Share
     Price Band: ₹695 to ₹712 Per Share
     Listing on: BSE & NSE
     Retail Portion: 35%
     QIB Portion: 50%
     NII Portion: 15%
     Share Holder Quota: 5%

    Aditya Birla Sun Life AMC IPO Market Lot

     Minimum Lot Size: Minimum 20 Shares for 1 lot
     Minimum Amount: ₹14,240 for 1 lot
     Maximum Lot Size: Maximum 280 Shares for 14 lot
     Maximum Amount: ₹199,360 for 14 lot

    Aditya Birla Sun Life AMC IPO Date, Time Table, Allotment & Listing

     Price Band Announcement: 23 September 2021
     Anchor Investors Allotment: 28 September 2021
     IPO Open Date: 29 September 2021
     IPO Close Date: 01 October 2021
     Basis of Allotment: 06 October 2021
     Refunds: 07 October 2021
     Credit to Demat Account: 08 October 2021
     IPO Listing Date: 11 October 2021

    Aditya Birla Sun Life AMC IPO Listing FAQs:

    When is Aditya Birla Sun Life AMC IPO Listing Date?

    Aditya Birla Sun Life AMC IPO listing date is 11 October 2021, Monday.

    What will be estimated listing price of Aditya Birla Sun Life AMC stock?

    As per the market speculations the IPO might list at ₹730 to ₹750 level. If market supports the stock might go one a higher side around ₹780 level while on the down side the stock might hit to ₹690 level.

    How much returns expected in Aditya Birla Sun Life AMC IPO?

    The IPO might give a listing gain of ₹500 to ₹1500.

    What is Aditya Birla Sun Life AMC Share Price on Listing Day?

    The IPO listed at ₹715.00 on NSE and at ₹712.00 on BSE.

    Will Aditya Birla Sun Life AMC will list on NSE and BSE?

    Yes, The IPO to list on NSE and BSE both the indices.

    Should I buy Aditya Birla Sun Life AMC shares on listing day?

    The long term investors should buy the stock on the listing day.

    What is a BSE and NSE Code for the Aditya Birla Sun Life AMC IPO?

    The BSE Code is 543374 while NSE Code is ABSLAMC.

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