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Aditya Birla Sun Life AMC Ltd. debuts with 0.00% discount at Rs 712.00

11 Oct 2021
Aditya Birla Sun Life AMC Ltd. makes a flat debut on the bourses with scrip got listed at Rs 712.00 on the Bombay Stock Exchange, a 0.00 per cent discount to its issue price of Rs 712.00. On the National Stock Exchange, the stock was listed at Rs 715.00.

The company, which raised 3.89 Cr from initial public offering, was subscribed 3.62 times, receiving bids for 1,407.46 lakhs shares against the total issue size of 388.80 lakhs shares.

The company, listed under B Group Securities post its IPO, opened for subscription from Sep 29 to Oct 01.

Following a flat opening, the scrip touched an intraday high of Rs [BSEHighPrice] and a low of Rs [NSEHighPrice], before closing the session [UpDown] by [ChangePer] per cent to its listing price at Rs [ClosingPriceBSE] on the BSE.

The company anticipates using the proceeds of the issue for .

Citigroup Global Markets India Pvt.Ltd.,Axis Capital Ltd.,HDFC Bank Limited,Kotak Mahindra Capital Company Ltd.,YES Securities (India) Ltd.,Motilal Oswal Investment Advisors Ltd.,JM Financial Ltd.,SBI Capital Markets Limited,IIFL Securities Limited,BofA Securities India Limited,ICICI Securities Ltd as lead managers & KFIN Technologies Pvt. Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 60,059.06, up 381.23 points, or 0.63 per cent.

Source: Dion Global   Type: IPO Related

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