Aditya Birla Sun Life AMC Limited
ListedMainboardFinancial Services · NSE / BSE
Incorporated in 1994, Aditya Birla Sun Life AMC is a joint venture between ABCL and Sun Life AMC and manages a large portfolio across mutual funds, portfolio management services, offshore, and real estate offerings. As of December 31, 2020, the company managed assets worth ₹2,736.43 billion across 135 schemes, including equity, debt, liquid funds, ETFs, and domestic funds of funds, and had one of the largest institutional investor asset bases in the industry. The company has also extensively digitized its operations, covering areas such as customer onboarding, online transactions, fund management, accounting, customer service, and data analytics to improve efficiency and service quality.
Price Band
₹695 – ₹712
Issue Size
₹2768 Cr
Lot Size
20 shares
GMP
₹35
+4.9%
Est. Listing
₹747
at current GMP
Subscribed
—
Open
29 Sep 2021
Close
1 Oct 2021
Allotment
6 Oct 2021
Refund
7 Oct 2021
Demat Credit
8 Oct 2021
Listing
11 Oct 2021
Last updated 12 days ago
Key Highlights
- •Leading player in the Financial Services segment
- •Price band established at ₹695 - ₹712 per equity share
- •Minimum bid lot is 20 shares
- •Estimated listing target of ₹747 based on current grey market activity