By the third and last day of its IPO, i.e., 1 October 2021, Aditya Birla Sun Life AMC Ltd shares were subscribed a total of 5.24 times. Accordingly, the company’s public offer received bids for 14,57,09,180 shares against the 2,77,99,200 reserved shares for different investor categories. This lender had filed its preliminary papers with the …
Aditya Birla Sun Life AMC IPO subscription was carried out from 29 September 2021 to 1 October 2021. The size of this public offer was nearly Rs. 2,768.26 crores. By the third day of Aditya Birla public offering, its shares were subscribed 5.25 times. As per the announced IPO timeline, Aditya Birla public offer’s basis …
After receiving the green light from India’s Securities and Exchange Board (SEBI), Aditya Birla Sun Life is preparing to go public by the end of September 2021. Sources close to the company and lead managers have confirmed it. They are currently preparing the required documents, and updates will follow soon, as per a senior employee …
Mazagon Dock Shipbuilder Ltd.’s IPO will hit the market on September 29. The shipbuilder is a leading public sector undertaking under the Ministry Of Defense. The government is considering diluting a 10 to 15 percent stake in the shipbuilding company with a maiden public offering. The announcement came amid a slew of IPOs that has …
‘Baking the bun while the oven is hot’ – probably the same is happening to the Indian IPO segment currently. As interest investors returned to the market, the IPO segment is abuzz with action once again to capitalise on renewed interest. After a slew of new IPO launched in September, the frenzi is likely to …
One of India’s premier asset management companies, the Aditya Birla Sun Life AMC, is expected to make its stock market debut with an Rs. 3,000 crores IPO next week. The asset management company filed its DRHP in April. However, the capital market regulator SEBI put it in abeyance due to some regulatory violations. On 5 …
UTI AMC divestment will take place with a maiden offer of Rs 3,000 crore. The company also announced the UTI AMC IPO date, which is September 29. The much-awaited UTI AMC IPO will hit the market during the last week of September. The IPO market has made a strong comeback after a sabbatical for nearly …
The board of Aditya Birla Capital has given the nod for an initial public offering of its subsidiary, Aditya Birla Sun Life Asset Management Company (AMC), as per stock exchange filings. The Aditya Birla Sun Life AMC IPO will be done as an offer for sale (OFS) as part of which the two promoters shares will …
One of India’s premier asset management companies, the Aditya Birla Sun Life AMC, is expected to make its stock market debut with an Rs. 2,768 crores IPO next week. The long-awaited IPO is finally going live on 29 September 2021, and it will close on 1 October 2021. The asset management company filed its DRHP …
As per CRISIL Ratings, the expectations of profitability are likely to improve in the fiscal year 2023-24, owing to the ease in coal and pet coke prices. There is better operational efficiency and enhanced synergies between Ambuja Cements and ACC along with the other group companies, the rating agency said. On Tuesday, the shares of …
