This year, there has been an uptick in the initial public offerings (IPO) in the Indian stock markets. India witnessed a significant increase in the number of start-ups and established private companies filing for IPOs in 2020-21. According to another EY's most recent Global IPO Trends report, IPO volumes increased 163% in the first half of 2021, while proceeds increased 245% year-on-year.
The IPO of Aditya Birla Sun Life AMC Limited, promoted by Aditya Birla Capital (ABCL) and Sun Life (India) AMC Investments Inc, is opened for subscription from 29th September 2021 onwards. The company is offering shares with a face value of ₹5 in the price range of ₹695–₹712 to raise a total of ₹2,768.26 crores. The bid can be placed with a minimum of 20 shares (₹14,240) and a maximum of 280 shares (₹1,99,360). The shares will be listed tentatively on 11th October 2021.
Indian IPOs are poised for a record in 2021 after 38 firms raised Rs 71,800 crore as of August. In comparison16 public issues raised Rs 31,128 crore in 2020. This rise can be attributed to the abundant availability of liquidity, aided by both foreign and retail investors. The gradually recovering economy and positive investor sentiments have made this an opportune time for companies to list on stock exchanges.
Broking firms like Upstox offer the option of investing in IPOs through their platform. With over 5 million customers, Upstox is one of India’s largest investment platforms, founded with the vision of making financial investing easy, equitable, and affordable to all Indian investors.
Special Reservation for Shareholders of Aditya Birla Capital Ltd:
Here are the 5 simple steps to invest in an IPO via Upstox:
Step 1: Log in to the Upstox application or website with your credentials.
Step 2: Select the IPO that you want to invest in and create an IPO application.
Step 3: Add up to 3 bids within the price range.
Step 4: Confirm your application.
Step 5: Accept the UPI mandate and block funds on your mobile UPI app.
You Can Apply For Aditya Birla Sun Life AMC Limited IPO on Upstox here - https://invest.upstox.com/ipo/
Gurugram, India – October 11, 2023: Samsung announced exciting offers
Bangalore, 10th October 2023: The Nokia G42 5G (16GB+256G
Bengaluru, October 10, 2023 IN-SPACe (Indian National Space Promotion and
New Delhi, October 3, India- Philips India announces an exciting co
One of the largest CPG Pitch Slams in India, offering participants a chance to win one year of free access to NIQ data, valued at $30,000!<
 (1)_1713611592.jpg)
Through this exciting initiative, the brand aims to emerge as the go-to purveyor of authentic Chinese in India
New D
Business / 29-04-2024
CSMIA's cargo operations thrive in FY 2024, driven by 10% rise in international volumesEducation / 29-04-2024
“69% Female Representation in MBA Analytics, Underscores the Evolving Landscape of Education – Sandeep Singh, Chairman BoG – IIM Kashipur”Business / 29-04-2024
NIQ Announces Inaugural ‘NIQ Founders Pitch Slam’ Competition for Emerging CPG Brands in Indiaeducation / 29-04-2024
IIT Kanpur is inviting applications for the 4th batch of eMasters degree program in Data Science and Business AnalyticsKerala / 29-04-2024
CII Digital Saksham Transforms Kerala's Entrepreneurial Landscape: Empowering Micro-Businesses for a Digital FuturePelikken © Copyright 2022, All Rights Reserved
