Oct 11, 2021 10:28 PM IST
Aditya Birla Sun Life AMC, the investment manager of Aditya Birla Sun Life Mutual Fund, is a joint venture between Aditya Birla Group and Sun Life Financial Inc of Canada.
- Oct 11, 2021 03:57 PM IST
Although the company’s financials have shown good growth, experts said it faces competition from peers that have the support of banks in terms of business expansion and client acquisition.
- Oct 11, 2021 10:03 AM IST
Aditya Birla Sun Life AMC share price opened at Rs 715 on the National Stock Exchange.
- Oct 10, 2021 02:52 PM IST
Aditya Birla Sun Life AMC is expected to start the first day trade with at least 5 percent premium and the maximum opening premium could be 10-15 percent on October 11, say experts.
- Oct 07, 2021 09:33 AM IST
Aditya Birla Sun Life AMC will list its equity shares on the bourses on October 11.
- Oct 04, 2021 08:26 AM IST
Aditya Birla Sun Life AMC IPO: Share allotment status can be checked online either on the website of BSE or IPO registrar. Find links in the article.
- Oct 01, 2021 11:39 AM IST
The grey market premium for Aditya Birla Sun Life AMC IPO shares dropped further to 2.8-4.2 percent from 6.3-7 percent earlier. It traded at Rs 732-742 per share against higher end of price band of Rs 712 per share.
- Sep 30, 2021 11:24 AM IST
After closing the issue on October 1, the IPO share allotment will get finalised on October 6. The funds will be refunded to ineligible investors by October 7, and the successful investors will get share in their demat accounts by October 8.
- Sep 29, 2021 08:21 PM IST
The company plans to continue its dividend policy and distribute about half of its earnings to shareholders
- Sep 29, 2021 12:01 PM IST
At least 13 analysts and brokerage houses have endorsed the issue, citing reasonable valuations, scope for growth of mutual fund products and rising investment awareness, among other reasons
- Sep 29, 2021 11:08 AM IST
The offer size has been reduced to 2.77 crore shares from 3.88 crore shares after the company raised Rs 789 crore from anchor investors on September 28.
- Sep 29, 2021 10:26 AM IST
KR Choksey has come out with its report on Aditya Birla Sun Life AMC. The research firm has recommended to ''Subscribe'' the ipo in its research report as on September 28, 2021.
- Sep 28, 2021 09:58 PM IST
Marquee investors who participated in the anchor book were HSBC, International Monetary Fund, Abu Dhabi Investment Authority, Morgan Stanley Asia, BNP Paribas, and Societe Generale.
- Sep 28, 2021 04:00 PM IST
Anand Rathi has come out with its report on Aditya Birla Sun Life AMC. The research firm has recommended to ''Subscribe'' the ipo in its research report as on September 28, 2021.
- Sep 28, 2021 03:53 PM IST
Choice Equity Broking has come out with its report on Aditya Birla Sun Life AMC. The research firm has recommended to ''Subscribe'' the ipo in its research report as on September 27, 2021.
- Sep 28, 2021 08:12 AM IST
Experts feel the reason for the low grey market premium could be that the issue is fairly priced and it is a pure offer for sale.
- Sep 27, 2021 03:47 PM IST
Aditya Birla AMC IPO will open for subscription on September 29 and will close on October 1. The issue is purely an offer for sale, and the company will not receive any money from the IPO. Should you invest? Read on to find out.
- Sep 24, 2021 05:14 PM IST
The mutual fund house says it has been extremely passionate about taking the business to the next level and is well-positioned for that task
- Sep 24, 2021 08:13 AM IST
Aditya Birla Sun Life AMC plans to raise Rs 2,768.25 crore through its public issue. The objectives of the issue is to carry out the offer for sale of over 3.88 crore equity shares. All the money will go to selling shareholders and the company will not receive any funds from the offer.
- Sep 24, 2021 12:08 AM IST
Sources told Moneycontrol that the total issue size is likely to be up to Rs 2,770 crore. The IPO is fully an offer for sale (OFS) to sell a 13.5% stake in ABSL AMC.
- Aug 09, 2021 06:30 PM IST
The initial public offer (IPO) is entirely an offer for sale, wherein two promoters — Aditya Birla Capital and Sun Life (India) AMC Investments — will divest their stake in the asset management firm, according to the draft red herring prospectus (DRHP).
- Jul 02, 2021 06:30 PM IST
Indian primary market to see continued action in July & the rest of the year. At least 20 companies have filed papers with SEBI for a public offer in 2021. Watch the video to know which IPOs you should watch out for.
- Jun 28, 2021 08:08 PM IST
The asset management company had filed preliminary papers with Sebi in April to raise funds through through an initial public offer (IPO).
- May 17, 2021 08:34 PM IST
Valuation expectation benchmarked close to the multiples HDFC Mutual Fund’s shares command on the exchanges. Experts say strong leadership at AMC & Birla parentage may give the upside.
- Apr 20, 2021 09:10 AM IST
Aditya Birla Capital Limited (ABCL) has approved sale of up to 28,50,880 equity shares of face value of Rs 5 each held in Aditya Birla Sun Life AMC.