Aditya Birla Sun Life AMC IPO Allotment Status on Bseindia.com, KFintech and on Linkintime its Grey Market Premium GMP, and subscription value below. Currently the Aditya Birla Sun Life is all set to hit the market by 29th Sept 2021. Thus it is expected to raise as much as 2768 Cr. through its IPO. So talking about the Aditya Birla, it is the 4th largest funding house as of now in India. Thus making a revenue of around Rs. 1206 Cr. in 2021, thereby making the profit of Rs. 529 Cr. than Rs. 494 Cr. as in 2021. So by now the company position is quite good to attract the Indians for the IPO.
From today onward 7th October 2021 you can check Aditya Birla AMC IPO Allotment Status on kfintech.com, linkintime.co.in and even on bseindia.com.
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- 1 Aditya Birla Sun Life AMC IPO Allotment Status
- 2 FAQs For Aditya Birla Sun Life AMC IPO Allotment Status
Aditya Birla Sun Life AMC IPO Allotment Status
Therefore, we will now be checking and covering all details regarding its IPO, GMPAditya Birla Sun Life AMC IPO Allotment Status, price band, subscription later in this article. Also we will be checking the company’s financial history and thus most importantly its strength and weakness too. Thus you must stick till the end of the page and take the maximum of all the imp information right before investing. Finally at the end let us know if you have some doubts in the comment section.
Aditya Birla Sun Life IPO Allotment 2021
With its incorporation in 1994, Aditya Birla Sun Life is the outcome of the Joint Venture between Aditya Birla Capital (ABC) and the Sun Life Asset Management Company (AMC). So as of Dec 2020 the Total Assets Under Management (AUM) has reached Rs. 2736.4 Bn under its Mutual Funds, real estate offering and portfolio managements. Moreover the company’s monthly average AUM by Dec 2020 was Rs. 1412 Bn. Thus according to the CRISIL ratings, it is 4th largest as compared to its peers.
Furthermore, the company has welcomed digitized operations in many areas. For instance in online payments, customer onboarding, accounting, fund management etc. Let us now have a look at the Aditya Birla IPO details first in the table below.
adityabirla.com AMC IPO Allotment Status
|Start of the Aditya Birla IPO||29th Sept 2021 (Wednesday)|
|IPO Closes on||1st Oct 2021 (Friday)|
|Face Value per equity share||Rs 5/-|
|Aditya Birla IPO Price Band (Per equity share)||Rs 695 – 712|
|Aditya Birla Sun Life AMC IPO Allotment Status||6 October 2021|
|Size of market lot||20 shares|
|Minimum order Qty.||20 shares|
|Company to list on||1. Bombay Stock Exchange|
2. National Stock Exchange
|Issue Size||38,880,000 equity shares of Rs. 5|
(Value – 2768.26 cr)
|Offer for sale of||38,880,000 equity shares of Rs. 5|
(value – 2768.26 cr)
adityabirla.com AMC Financial Trends
Let us move on to check the financial trends set by the company in the recent years. Thus this will add to company’s value a lot. Hence now you can directly check the performance of the Aditya Birla Sun Life and finally its Profit after tax value here:
|Details||31st March 2019||31st March 2020||31st March 2021|
|A. Total Assets Value||14984.60 mn.||15719.59 mn.||19845.51 mn.|
|B. Total Revenue Value||14072.50 mn.||12347.68 mn.||12058.41 mn.|
|C. Profit After Tax value||4467.99 mn.||4944.02 mn.||5262.80 mn.|
Thus it is very much that the company’s profit after tax value is increasing each year. So in the financial year 2021, we saw it at Rs. 5262.80 mn. So now we will be talking about the strengths of the company here:
- It has rapidly growing customer base.
- It is the Largest non- bank affiliated AMC of India.
- With the experienced promoters and the trust brand, thus it is well recognized company in India.
- Finally a well diversified products portfolio and thereafter the innovative schemes, it is again very much popular.
Aditya Birla Company’s IPO Objective
This will help us to understand how the IPO proceeds will be utilized by the Aditya Birla company:
- Firstly to achieve the overall benefits of listing the shares in the Stock markets.
- Secondly to carry the Offer for sale of around 38,880,000 shares after selling it to shareholders.
Now we must check some details regarding the schedule of the Aditya Birla IPO here:
|A. IPO opens on||29th Sept 2021 (Wednesday)|
|B. IPO Closes on||1st Oct 2021 (Friday)|
|C. Basis of Allotment as on||06th Oct 2021 (Wednesday)|
|D. Initiation of Refunds starts||07th Oct 2021 (Thursday)|
|E. Sharing credits to Demat Account by||08th Oct 2021 (Friday)|
|F. Listing of Aditya Birla IPO||11th Oct 2021 (Monday)|
Aditya Birla IPO Subscription Details
Already the IPO is running successfully as on the last date of the IPO, we saw it was subscribed 5.25 times. The retail category subscription was around 3.24 times and so check all the subscription details in the table as shared here:
|Investors Category||Subscription Details|
|A. Non Institutional Investors (NII)||4.39 times|
|B. Qualified Institutional Buyers (QIB)||10.36 times|
|C. Retail Individual Investors (RII)||3.24 times|
|D. Other Investors||1.68 times|
So talking in detail, we have the market lot size of Aditya Birla Sun Life AMC IPO as 20 shares. Thereby letting a RII (Retail Individual Investor) to purchase max of 14 lots that is 280 shares or Rs. 1,99,360.
Links To Check Aditya Birla AMC IPO Allotment Status
|Aditya Birla AMC IPO Allotment Status on Kfintech.com||Check Here|
|Aditya Birla AMC IPO Allotment Status at bseindia.com||Available Here|
|Aditya Birla AMC IPO Allotment Status at linkintime.co.in||Check Here|
FAQs For Aditya Birla Sun Life AMC IPO Allotment Status
The Grey Market Premium Value of Aditya Birla IPO today is Rs. 10.
You can check them either at BSe or at KFintech Pvt. Ltd.
It will be open on 06th Oct 2021 that is tomorrow. Hence you must watch it at BSE or KFintech Pvt. Ltd.
It was subscribed around 5.25 times by the end of the day.