Page 5 - Aditya Birla Sun Life Amc

Aditya Birla Sun Life AMC IPO subscribed 5.2x, mops up Rs 10,374 cr

Institutional investor portion subscribed 10.4 times, HNI 4.4 times and retail portion was subscribed 3.22 times

Aditya Birla AMC IPO fully subscribed on strong retail interest

The retail portion has already been subscribed 2x, HNI by 40%, and institutional investor portion by 6%

Aditya Birla Sun Life AMC IPO subscribed 56% on Day-1

A day earlier, the asset manager had allotted shares worth Rs 789 crore to anchor investors at Rs 712 apiece

Aditya Birla Sun Life AMC allots shares worth Rs 789 cr to anchor investors

Aditya Birla AMC is looking at valuations of Rs 20,500 cr in its IPO-the fourth by a domestic mutual fund house

Should you subscribe to AB Sun Life AMC IPO? Here's what analysts say

Analysts recommend subscribing to the issue given the company's reasonable valuations, strong return on equity, diverse product portfolio and well recognised promoter group.

Aditya Birla AMC eyes Rs 20,500 cr valuation in Rs 2,768 cr IPO

The IPO will entirely be a secondary share sale by promoters Aditya Birla Capital and Sun Life AMC; price band Rs 695-712 per share

More competition isn't a threat, it will grow the market: Birla MF chief

In a Q&A, A Balasubramanian, MD & CEO of the fund house, talks about the pricing of its IPO and welcomes the entry of fintechs in the MF space

Aditya Birla AMC to launch Rs 3,000-cr IPO next week

In August, Sebi had cleared the asset manager's IPO document, which was filed with the regulator in April.

Aditya Birla Sun Life AMC receives Sebi's final approval for IPO

Sources say that the IPO size could be around Rs 2,000 crore

Mfg, digitisation, realty to drive returns next 3-5 years: Aditya Birla AMC

The asset manager says spotting the trend during various market cycles is the key for identifying opportunities

Fund Pick: Why Aditya Birla Sun Life Corporate Bond Fund is a winner

The month-end assets under management of the fund rose to Rs 24,669 crore in May 2021 from Rs 15,654 crore in June 2018.

CG Power case delays Aditya Birla Sun Life's IPO by at least 3 months

Sebi has put initial offer in abeyance due to pending inquiry against group firm

Aditya Birla Sun Life IPO put on hold by markets regulator Sebi

The asset management company had filed preliminary papers with Sebi in April to raise funds through through an initial public offer

Fund Pick: Why Aditya Birla Sun Life Savings Fund is a category winner

Rs 1,00,000 invested on April 15, 2003 (inception of the fund) would have grown to Rs 3,81,800 at (7.66% CAGR) on June 02, 2021 compared with Rs 3,41,750 (7.01% CAGR) for the peer group

Don't get swayed by current optically high valuations: Mahesh Patil

Defensive sectors like information technology (IT) and consumer may lag, says CIO Patil

Aditya Birla Sun Life AMC files DRHP with Sebi

The board of Aditya Birla Capital on April 14 had approved the IPO of Aditya Birla Sun Life AMC

Aditya Birla Sun Life mutual fund launches two new index funds

The funds are focused on the Nitfy midcap and smallcap indices

Aditya Birla Capital board gives in-principle approval for AMC arm IPO

Aditya Birla Capital on Wednesday said its board has given in-principle approval to explore an initial public offering (IPO) of its arm Aditya Birla Sun Life AMC

We should be in for an extended period of bull market: Mahesh Patil

After the Budget, our call on cyclical recovery in the economy and a broader recovery in the market is further reinforced

Aditya Birla Sun Life MF expects Nifty to grow 10-12% over 3 years

A weak dollar and strong commodity prices augur well for emerging markets (EMs)