Aditya Birla Sun Life AMC Limited which had tapped the capital markets with its offer for sale of 3,88,80,000 equity shares, was subscribed 5.25 times. Earlier the company had completed allocation to anchor investors. The
company allotted 1,10,80,800 equity shares at Rs 712 to 24 investors comprising of 50 entities.

The highest allocation was made to ICICI Prudential who was allotted 14,03,840 equity shares or 12.65% of the anchor book. This was followed by 11,23,580 equity shares or 10.15% to HDFC Mutual Fund and SBI Mutual Fund. Effectively the top three anchor investors were allotted 36,51,000 equity shares or 32.95% of the anchor book.

The price band of the issue was Rs 695-712, and had opened on Wednesday the 29th of September and closed on Friday the 1st of October.

The QIB portion was subscribed 10.36 times, HNI portion was subscribed 4.39 times and Retail portion was subscribed 3.24 times. The reservation for shareholders was subscribed 1.68 times. There were 15.66 lac applications in all.

Full details of the subscription are given below: –