Categories: IPO

Aditya Birla Sun Life AMC IPO Listing on October 11

Aditya Birla Sun Life AMC (ABSL AMC) IPO date announced, the IPO to hit the market on September 29 and will close on October 1, 2021. ABSL AMC to raise around 2768 crores via IPO. The IPO comprises offer for sale of 38,880,000 equity shares of ₹5 each. As per the RHP there is a Share Holders quota (1,944,000 equity shares are reserved for Aditya Birla Capital Shareholders).

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Aditya Birla Sun Life AMC IPO

Aditya Birla Sun Life AMC incorporated in 1994 is a joint venture of Aditya Birla Capital Limited (ABCL) and Sun Life (India) AMC Investments Inc. They are an investment manager of Aditya Birla Sun Life Mutual Fund. Aditya Birla Sun Life Mutual Fund sponsored by Aditya Birla Capital Limited. The company is a part of the Aditya Birla Group. ABSLMF is the fourth largest fund house in India. Their services includes fund management, in relation to customer on-boarding, online payments & other transactions, dealing, accounting, customer service, data analytics, and other functions. Check out ABSL AMC IPO details.

Latest Update:  ABSL AMC IPO is not listed yet. The ABSL AMC share price will be updated as on the listing day. Happy Investing!

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 Rs 730 to 750 level. If market supports the stock might go one a higher side around Rs 780 level while on the down side the stock might hit to ₹690 level.

How much returns expected in ABSLAMC IPO?

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

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

The IPO listed at Rs 0.00 on NSE and at Rs 0.00 on BSE.

Will ABSL AMC will list on NSE and BSE?

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

Should I buy ABSL 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 ABSL AMC IPO?

The BSE Code is 543374 while NSE Code is ABSLAMC.

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