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Should you subscribe or not Aditya Birla Sunlife AMC IPO

 There are other companies already listed in the Indian market in the AMC Mutual Fund sector. HDFC AMC is a trusted brand in this sector. The share price of HDFC AMC is running around 3200rs and is trading around 3190rs to 3200rs on 24th September 2021 HDFC AMC share price . Now Aditya Birla Sunlife AMC company is bringing IPO in the Indian stock market. Aditya Birla Sunlife AMC Company has planned to raise more than 2768 cr money in the market through IPO. Through offer for sale. Equity shares worth crores will be sold. Investors who have an interest to invest in mutual funds would like to dive into the IPO of Aditya Birla Sunlife AMC. According to the company, the company will not keep anything in the amount raised through the IPO of Aditya Birla Sunlife AMC, out of this offer. Simply put, the money will go to the selling shoulders.

Aditya Birla Sunlife AMC IPO Price Band:

Aditya Birla Sunlife AMC Ipoca price band is placed at 695rs to 712rs per equity share. Aditya Birla Sunlife AMC IPO will open on 29th September 2021 and will be closed on 1st October - 2021. Aditya Birla Sunlife AMC IPO minimum lot size is 20 shares per lot & Maximum is 14 lots.

Aditya Birla Sunlife AMC IPO share allotment date:

The allotment date for the shares of Aditya Birla Sun life AMC IPO has been kept as 6th – Oct- 2021

Aditya Birla Sunlife AMC IPO Refund initiates Date:

Investors who will not get allotment of equity shares in Aditya Birla Sunlife AMC IPO, have been kept as 7-Oct 021 for refund.

Aditya Birla Sunlife AMC IPO shares credit date is 08-Oct-2021

Aditya Birla Sunlife AMC IPO share listing date is fixed as 11-Oct 2021.

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Should you subscribe or not Aditya Birla Sunlife AMC IPO

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Aditya Birla Sunlife AMC IPO Financials Analysis:

Aditya Birla Sunlife AMC Company is coming up with face value of 5 per share. If we will check the track record of the company then in the march 2019, company had total assets more than 14,984 millions & within  two years till march 2021 as per company management, the total assets of the company is  more than  19, 840 million . The company Total revenue has decreased in the last two years which is nearly 12000 million as compared with March 2019 revenues which were more than 14000 millions. If we will talk about the company business then it is a one of the largest company in India in AMC segment.  Aditya Birla Sunlife AMC manage more than 2, 93,640 crore AUM under suits mutual funds PMS, real estate offerings. This data is as per June 2021 If we will talk about the running lead managers of this IPO then big names like kotak Mahindra capital, BofA Securities, citigroup global markets India is involve as a book running lead managers. Let us tell you that Aditya Sarla Capital's holding in Aditya Birla Sunlife Company is 51 percent while Sunlife AMC holds 49% holding in it.

Should you apply Aditya Birla Sunlife AMC IPO or not?

The IPO of Aditya Birla Sunlife AMC IPO will be for those investors who want to invest for the long term. If we talk about company management, then there is strong management and there is promising management. The fundamentals of the company are also there. If one wants to apply for IPO listing gains, one can do so for a reasonable profit. The IPO of Aditya Birla Sunlife AMC will also be completely subscribed. But this IPO is not for the traders those are expecting bumper liting on IPO date. Aditya birla AMC IPO is only for long term investors those can wait for 2 or 3 years after making investment. otherwise one may wait for IPO listing after that start accumulate aditya birla AMC share on lower price levels.

 If spoken honestly, then the product brand of the company is very solid and the market hold is also good. So the fundamentals are looking very good but there is a lot of competition among the companies in the AMC segment. Already listed companies in the market like Nippon Life India Asset Management and UTI Asset Management Company, HDFC AMC companies are listed in Indian stock market. Such companies can give good return to a safe long term investor, in simple words, if we say that only safe investors have invested in the shares of these companies. So we can say that long term investors may apply for Aditya Birla Sunlife AMC IPO .

Aditya Birla Sunlife AMC IPO grey market price:

Aditya Birla Sunlife AMC IPO Gray Market Price: If we talk about the gray market, it would be too early to say how much premium will this IPO get, but till today Aditya Birla Sunlife AMC IPO is getting a premium in grey market more than 50s per share. Which is almost 7% above the higher price price band of the company's IPO which is 72rs. Accordingly, the price of Aditya Birla Sunlife AMC IPO in the gray market is currently running near 762rs.

 

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