Aditya Birla Sun Life AMC raises ₹789 crore from 50 Anchor Investors

IPO Initial Public Offerings

A Mumbai based AMC Company Aditya Birla Sun Life AMC raised ₹789 crore from anchor investors on September 28, 2021 Tuesday before the IPO. The Aditya Birla Sun Life AMC IPO to open on Wednesday, September 29. The company allotted total of 11,080,800 equity shares to 50 anchor investors at a upper price band ₹712. The anchor investors list includes 8 Domestic Mutual Funds through a total of 31 schemes. The company is going to raise ₹2768 crores via IPO that comprises same amount of offer for share. Check out the final list of Aditya Birla Sun Life AMC Anchor Investors given below:

Aditya Birla Sun Life AMC

List of Aditya Birla Sun Life AMC Anchor Investors:

The IPO Committee of the Board of Directors of the Company vide resolution passed on September 28, 2021, in consultation with the Selling Shareholders and with Axis Capital Limited, BofA Securities India Limited, Citigroup Global Markets India Private Limited, HDFC Bank Limited, ICICI Securities Limited, IIFL Securities Ltd, JM Financial Consultants Private Limited, Kotak Mahindra Capital Company Limited, Motilal Oswal Investment Advisors Pvt Ltd, SBI Capital Markets Limited and Yes Securities (India) Limited, have finalized allocation of 11,080,800 Equity Shares, in aggregate, to Anchor Investors at Anchor Investor allocation price of ₹712 per Equity Share (including share premium of ₹707 per Equity Share). in the following manner. The details are given below:

Aditya Birla AMC Anchor Investors List
Aditya Birla AMC Anchor Investors List
Aditya Birla AMC Anchor Investors List
Aditya Birla AMC Anchor Investors List
Aditya Birla AMC Anchor Investors List
Source: BSEIndia
The Aditya Birla Sun Life AMC IPO to open on 29 September and closes on 01 October 2021. The price band is fixed at ₹695 to ₹712. Aditya Birla Sun Life AMC IPO application minimum bid is for 20 Shares (₹14,240) and maximum bid is 280 shares (₹199,360). The Book Running Lead Managers of the IPO are Axis Capital Limited, BofA Securities India Limited, Citigroup Global Markets India Private Limited, HDFC Bank Limited, ICICI Securities Limited, IIFL Securities Ltd, JM Financial Consultants Private Limited, Kotak Mahindra Capital Company Limited, Motilal Oswal Investment Advisors Pvt Ltd, SBI Capital Markets Limited and Yes Securities (India) Limited.
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