Highlights

  • Aditya Birla Sun Life AMC IPO is a pure offer for sale issue 
  • Looking to raise 2,770 crore
  • Aditya Birla Sun Life AMC, the investment manager of Aditya Birla Sun Life Mutual Fund

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Aditya Birla Sun Life AMC IPO opens, here are the issue details

Aditya Birla Sun Life AMC IPO will open for subscription on September 29 and will close on October 1

Aditya Birla Sun Life AMC IPO: The initial public offering (IPO) of Aditya Birla Sun Life AMC is open for subscription. This is a pure offer for sale from the shareholders of the fourth largest fund house in the country. With most brokerages prescribing a Buy on this issue here are the details of the latest IPO on the block-:

Aditya Birla Sun Life AMC IPO Details

IPO Dates: September 29 - October 1.
Issue Price: Rs 695-712 per equity share.
Grey Market Premium: Rs 27/share
Lot Size:  20 equity shares
Minimum Investment: Rs 14,240 for a single lot

About the Aditya Birla Sunlife company

Aditya Birla Sunlife MF, the fourth largest fund house, had an average assets under management of ₹2.93 lakh crore as of June quarter. At present, it manages 118 schemes.

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