IPO Status: Upcoming [29th Sep 2021 to 1st Oct 2021]
Aditya Birla Sun Life AMC IPO opens for subscription from 29 Sep to 1st October 2021. The company is issuing 38,880,000 shares through an offer for sale (OFS). The IPO floor price is set at Rs. 695-712 and bids can be applied for the lot size of 20 shares and its multiple. Check out the complete details about Aditya Birla AMC IPO including business glance, financials, lot size, price band, tentative timeline, and more.
|IPO Issue Opening Date:||29th Sep 2021|
|IPO Issue Closing Date:||1st Oct 2021|
|IPO Issue Price:||₹695-712|
|IPO Listing At:||BSE, NSE|
|IPO Issue Type:||Book Built Issue IPO|
|IPO Issue Size:||₹2768.26 Cr|
|Offer for Sale:||38,880,000 Eq shares at ₹695-712 [Aggregating up to ₹2768.26 Cr ]|
|Face Value:||₹5 Per Equity Share|
|Market Lot:||20 Shares|
|Min Retail Qty:||20 shares (1 lot)|
|Max Retail Qty:||280 shares (14 lots)|
|Promoter Holding Pre IPO:||100%|
|Promoter Holding Post IPO:||TBD|
Aditya Birla Sun Life Limited is one of India's largest non-bank affiliated AMC with a total AUM (Asset under Management) of Rs. 2,736.43 billion. It offers a range of services i.e. mutual funds, portfolio management services, and offshore and real estate offerings.
The company has a strong distribution network with a significant physical and digital presence with 64,500 KYD compliant MFDs, over 240 national distributors, and over 100 banks.
ABSL IPO offer includes shareholder reservation of up to 1,944,000 equity shares constitutes a 5% shareholder quota to be subscribed by eligible shareholders. The record date for the eligibility in shareholder Quota is 22 September 2021.
|Incorporation||Sector||IPO Issue Size||Website|
|1994||Asset Management Company||₹2768.26 Cr||https://mutualfund.adityabirlacapital.com/|
In this section we have covered all important dates related to Aditya Birla AMC IPO. Dates are updated as they are announced. The most noted dates are IPO start date and IPO end date, which one should use to participate in IPO.
|IPO Issue Open||29th Sep 2021|
|IPO Issue Close||1st Oct 2021|
|Basis of Allotment Finalisation Date*||6th Oct 2021|
|Refunds Initiation*||7th Oct 2021|
|Credit of Shares to Demat Account*||8th Oct 2021|
|IPO Listing Date*||11th Oct 2021|
* - Tentative Dates
Past performance and financial results of Aditya Birla AMC.
|Aditya Birla AMC Financials||31-Dec-2020||31-Mar-2020||31-Mar-2019||31-Mar-2018|
|Total Assets||₹1,959.51 Cr||₹1,571.96 Cr||₹1,498.46 Cr||₹1,549.27 Cr|
|Total Income||₹873.63 Cr||₹1,234.77 Cr||₹1,407.25 Cr||₹1,323.67 Cr|
|Net Profit/Loss||₹369.54 Cr||₹494.40 Cr||₹446.80 Cr||₹348.56 Cr|
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Aditya Birla AMC IPO DRHP >>Document
Aditya Birla AMC IPO RHP >>Document
Aditya Birla AMC IPO Allotment Status >>Aditya Birla AMC IPO Allotment is not declared yet, we will provide the link for status once allotment is out.
Last Updated on 2021-09-24T12:04:42+00:00
Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Aditya Birla AMC IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Aditya Birla AMC IPO with Zerodha.
Alternate approch to apply in Aditya Birla AMC IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.
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To subscribe or apply in Aditya Birla AMC IPO, you can use the following methods:
|Aditya Birla AMC IPO Applying Mode||Method||Details|
|Online Application||3-in-1 Trading Account|
If your broker is 3-in-1 service provider, you can apply in Aditya Birla AMC IPO directly with your brokers website. Example HDFC Securities, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment.
|Online Application||2-in-1 Trading Account|
Brokers like Zerodha, TradeSmart Online provides access to applying in Aditya Birla AMC IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online.
This is one of the most popular mode of applying in Aditya Birla AMC IPO. Most of the Syndicate Banks provide access to apply in Aditya Birla AMC IPO via ASBA process. You must have your net banking access, DP ID information to apply in Aditya Birla AMC IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account.
|Offline Application||Physical Form|
You can apply in Aditya Birla AMC IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app.
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Aditya Birla AMC IPO Application is not yet available.
Aditya Birla AMC IPO is going to be list on 11-10-2021.
Other relevant questions:When Aditya Birla AMC IPO will be listing? Aditya Birla AMC IPO listing date?Aditya Birla AMC IPO date of listing
Aditya Birla AMC IPO Allotment Date is 6-10-2021.
Other relevant questions:Aditya Birla AMC IPO share allotment date?Aditya Birla AMC IPO allotment date?