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 Share Price Live Quote
|Details||BSE Listing||NSE Listing|
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.
|Listing Date||11 October 2021, Monday|
Aditya Birla Sun Life AMC IPO Subscription Status (Final Data)
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.
|Category||Day 1||Day 2||Day 3|
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
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