Aditya Birla Sun Life AMC’s Rs 2,768-crore IPO has garnered full subscription a day before its close.
The retail portion of the issue has already been subscribed two times, high-networth individual portion was subscribed 40 per cent, institutional investor portion of the IPO was subscribed 6 per cent.
The IPO has seen close to a million applications so far, bankers said. Aditya Birla MF has allotted shares worth Rs 789 crore worth to anchor investors. The price band for the IPO is Rs 695 to Rs 712 per share.
At the upper band, the company is being
The retail portion of the issue has already been subscribed two times, high-networth individual portion was subscribed 40 per cent, institutional investor portion of the IPO was subscribed 6 per cent.
The IPO has seen close to a million applications so far, bankers said. Aditya Birla MF has allotted shares worth Rs 789 crore worth to anchor investors. The price band for the IPO is Rs 695 to Rs 712 per share.
At the upper band, the company is being