What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Aditya Birla Sun Life AMC Limited IPO?

Aditya Birla Sun Life AMC Limited IPO has received a total subscription of 0.00 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Aditya Birla Sun Life AMC Limited

ListedMainboard

Financial 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

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

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

0.00x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

0.00x

High Net-Worth

Retail (RII)

0.00x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 0.00x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
Qualified Institutional (QIB)	19,440,028	—	0.00x
Non-Institutional (NII / HNI)	5,832,008	—	0.00x
Retail Individual (RII)	13,608,020	—	0.00x
Total	38,880,056	0	0.00x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 1.00x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	680,401	680,401	1.00x
HNIs (10L +)	4,352	4,352	1.00x
HNIs (2-10L)	20,829	20,829	1.00x
Total Applications	705,582	705,582	1.00x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Aditya Birla Sun Life AMC Limited Public Issue & Market Profile

Aditya Birla Sun Life AMC Limited is bringing an initial public offering (IPO) in the Financial Services sector with an aggregate issue size of ₹2,768.26 Crores. The shares are offered at a price band of ₹695 to ₹712 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Bidding & Quota Instructions:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Allotment Reconciliation Schedule:

Following the close of bidding on 2021-10-01, the basis of allotment is scheduled to be finalized on 2021-10-06. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Aditya Birla Sun Life AMC Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Aditya Birla Sun Life AMC Limited IPO is ₹35 per equity share. Based on the upper price band of ₹695 to ₹712 per equity share, the estimated listing price is ₹747 (+4.9% expected listing gain).

What is the expected profit per lot for Aditya Birla Sun Life AMC Limited IPO?

With a lot size of 20 shares and current GMP of ₹35, the expected profit per application lot is approx ₹700 (+4.9% gain). Minimum application cost is approx ₹14,240.

What is the issue size and price band for Aditya Birla Sun Life AMC Limited IPO?

The Aditya Birla Sun Life AMC Limited IPO aggregate issue size is ₹2,768.26 Crores with an equity price band set at ₹695 to ₹712 per equity share. The retail lot size is 20 shares requiring a minimum capital outlay of approx. ₹14,240.

How can I check Aditya Birla Sun Life AMC Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.

Where and when will Aditya Birla Sun Life AMC Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2021-10-06. Investors can verify status using PAN card or application number.

When is the listing date for Aditya Birla Sun Life AMC Limited IPO?

Aditya Birla Sun Life AMC Limited shares are scheduled to list on NSE and BSE on 2021-10-11.