Aditya Birla AMC IPO opens today

The Rs 2,768 crore IPO of Aditya Birla Sun Life AMC, the AMC arm of the Aditya Birla Group, will open for subscription today, September 29. It is a joint venture of Aditya Birla Capital Limited and Sun Life AMC to issue 3.88 crore equity shares through IPO.

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The price band for this IPO has been fixed at Rs 695-712 per share. Under this, Aditya Birla Capital will sell 28.51 lakh and Sun Life AMC 3.6 crore equity shares. The IPO of Aditya Birla Sun Life AMC will be open for subscription this week on Friday, October 1.

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