Latest news with #ABFRL
Mint
23-06-2025
- Business
- Mint
Aditya Birla Lifestyle Brands share price falls 4% after listing. Do you own?
Aditya Birla Lifestyle Brands share price fell over 4 per cent on Monday, June 23 after listing on both NSE and BSE. The stock touched an intraday low to ₹ 159.15 amid stock market crash due to ongoing Israel-Iran war. Shares of Aditya Birla Lifestyle Brands Limited (ABLBL) were listed on June 23 at ₹ 167 per share on the NSE and ₹ 167.75 on the BSE, after being demerged from Aditya Birla Fashion and Retail Limited (ABFRL). The stock's discovered price stood at ₹ 171 per share. The BSE has announced that the stock will be moved to the T Group of Securities and will trade under the Trade-for-Trade segment for a period of 10 trading days. As part of the arrangement, Aditya Birla Fashion and Retail Ltd (ABFRL) has demerged its Madura Fashion & Lifestyle (MFL) division, transferring it to Aditya Birla Lifestyle Brands. Shareholders holding ABFRL shares as of the market close on May 21 will be entitled to receive shares of the newly demerged entity. Shareholders of Aditya Birla Fashion will receive one share of the newly formed company, Aditya Birla Lifestyle Brands Ltd., for each share they hold on the record date. This new entity will include the western wear legacy brands along with growth-focused labels such as Reebok, American Eagle, and Van Heusen innerwear. It will also encompass popular names like Louis Philippe, Van Heusen, Allen Solly, and Peter England. Meanwhile, Aditya Birla Fashion and Retail will retain brands like Pantaloons, the ethnic wear segment under TCNS Clothing, premium designer labels such as Sabyasachi, Tarun Tahiliani, Masaba, and Shantanu-Nikhil, as well as premium offerings like Tasva and Jaypore, and luxury retail brand The Collective. 'This moment marks both a recognition of the progress we have made and a clear signal of the scale of opportunity that lies ahead. India stands at the cusp of a transformative growth phase, with consumption poised to be a primary driver. ABLBL's foundation is built on enduring strengths that set it apart in a competitive market. Our ambition is clear. To build India's first portfolio of billion-dollar brands in fashion and lifestyle," said Kumar Mangalam Birla, Chairman, Aditya Birla Group. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Business Standard
23-06-2025
- Business
- Business Standard
Aditya Birla Lifestyle Brands lists on stock exchanges
Shares of Aditya Birla Lifestyle Brands (ABLB) were listed on the BSE and NSE today, 23 June 2025, following its demerger from Aditya Birla Fashion & Retail (ABFRL). The stock listed at Rs 167 on the NSE, lower than the discovered price of Rs 170.95, and at Rs 167.75 on the BSE, versus a discovered price of Rs 172.15. Aditya Birla Lifestyle Brands successfully listed on BSE and NSE early this morning, completing the demerger of Aditya Birla Groups fashion business into two independent listed entities with distinct value creation trajectories. Under the scheme of arrangement, Aditya Birla Fashion & retail (ABFRL) has demerged its Madura Fashion & Lifestyle (MFL) business and vested it into Aditya Birla Lifestyle Brands. Shareholders of ABFRL will receive one share of Aditya Birla Lifestyle Brands for every share held in ABFRL as of the record date. ABLBL is now poised to operate with greater agility, a sharper strategic focus, and more disciplined capital allocation. The company houses a powerful portfolio of brands including - Louis Philippe, Van Heusen, Allen Solly, Peter England, Simon Carter and youth western wear brand - American Eagle, Additionally, the Reebok sportswear brand and the innerwear business under Van Heusen will also be part of the demerged entity. The company said that with this diverse portfolio of strong brands and access to free cash flow, the business is poised to pursue an aggressive growth trajectory. It is expected to double in scale with improved profitability over the next five years, reinforcing its position as one of the largest branded fashion players in the country. Kumar Mangalam Birla, chairman, Aditya Birla Group said This moment marks both a recognition of the progress we have made and a clear signal of the scale of opportunity that lies ahead. India stands at the cusp of a transformative growth phase, with consumption poised to be a primary driver. ABLBLs foundation is built on enduring strengths that set it apart in a competitive market. Our ambition is clear. To build Indias first portfolio of billion-dollar brands in fashion and lifestyle. Ashish Dikshit, managing director, Aditya Birla Lifestyle Brands, said, As ABLBL embarks on this new chapter as a listed company, we do so with humility, a deep sense of responsibility, and unwavering confidence in our vision. On behalf of the entire ABLBL team, I extend heartfelt gratitude to our partners, investors and all our stakeholders for their enduring trust and support. We are energized by the opportunities ahead and look forward to building, together, Indias next generation of iconic brands. Aditya Birla Lifestyle Brands (ABLBL) is part of a leading Indian conglomerate, Aditya Birla Group. ABLBL is a leading force in fashion, curating a distinguished portfolio of premium western wear brands. It has a repertoire of leading brands such as Louis Philippe, Van Heusen, Allen Solly and Peter England established for over 25 years. The company has also partnered with leading brands like Simon Carter, American Eagle and Reebok to strengthen its portfolio.
Business Standard
23-06-2025
- Business
- Business Standard
Stock Alert: Lloyd Metals, CEAT, Waaree Renewable Tech, EMS, Interarch Building
Securities in F&O Ban: ABFRL (Aditya Birla Fashion & Retail), Biocon, RBL Bank and Titagarh Rail Systems are banned from F&O trading on 23 June 2025. Stocks to Watch: Lloyds Metals and Energy has announced the successful commissioning of two key infrastructure projects that mark a major leap in its operational capabilities and long-term growth strategy. The company has commissioned a 4 million tonnes per annum (MTPA) pellet plant at Konsari, Maharashtra, and an 85-kilometre iron ore slurry pipeline connecting its Hedri mine to the new plant. ITCONS E-Solutions has secured an order worth Rs 2.19 crore from Power Grid Corporation of India for the supply of 23 highly skilled manpower resources on a contractual basis. Waaree Renewable Technologies informed that the value of its existing solar engineering, procurement, and construction (EPC) order has been revised upward by Rs 246.92 crore, bringing the total order value to Rs 1,480.40 crore. The order pertains to a 2,012.47 megawatt peak (MWp) ground-mounted solar PV project, and all existing terms and conditions of the original contract remain unchanged. Atishay has received a work order worth Rs 59.22 lakh from the Alwar Central Cooperative Bank, under the Cooperative Department, Alwar, Rajasthan. EMS has emerged as the lowest bidder (L-1) for two major infrastructure contracts awarded by UP Jal Nigam (Urban), with a combined estimated value of approximately Rs 202.85 crore. Interarch Building Solutions has secured an order worth Rs 80 crore from Ather Energy for the design, engineering, manufacturing, supply, and erection of pre-engineered steel building systems. CEATs board is scheduled to meet on 25 June 2025 to consider raising funds via money market instruments or any other permissible mode of borrowing.
Time of India
23-06-2025
- Business
- Time of India
Aditya Birla Lifestyle shares list at Rs 167.75 post demerger, Motilal gives Rs 190 target price
Aditya Birla Lifestyle Brands Limited (ABLBL) commenced trading on the BSE and NSE following its demerger from Aditya Birla Fashion and Retail Limited (ABFRL). Motilal Oswal initiated coverage with a Neutral rating, anticipating revenue growth driven by retail expansion and emerging brands. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Shares of Aditya Birla Lifestyle Brands Limited (ABLBL) listed on the BSE and NSE today following its demerger from Aditya Birla Fashion and Retail Limited (ABFRL). On the BSE, the stock debuted at Rs 167.75, while on the NSE, it listed at Rs on the share price of the demerged ABFRL immediately after the demerger, the market had ascribed a value of Rs 171 per share to ABLBL, implying a market capitalisation of about Rs 21,000 brokerage firm Motilal Oswal has initiated coverage on ABLBL with a Neutral rating and a target price of Rs 190."We expect ABLBL to deliver ~10% revenue CAGR over FY25–28E, driven by an acceleration in retail store additions in lifestyle brands (~700 net store additions over FY25–28E), improvement in store productivity (~3.5% SPSF CAGR), and scale-up of emerging brands," Motilal was demerged from Aditya Birla Fashion and Retail (ABFRL) in May 2025 and comprises four industry-leading lifestyle brands—Louis Philippe, Van Heusen, Allen Solly, and Peter England—as well as emerging brands such as Van Heusen Innerwear, Reebok, and American company has a retail presence of over 3,250 stores, spanning approximately 4.6 million sq. ft. of retail space, and enjoys a wide distribution across large format stores (LFS), multi-brand outlets (MBOs), and online channels. ABLBL follows an asset-light model, with around 70% of its stores operated by part of the demerger, shareholders of ABFRL received one share of ABLBL for every one share held in ABFRL, in addition to their existing ABFRL business assets and liabilities have been split between the two entities in accordance with regulatory guidelines. As per the arrangement, ABFRL's total borrowings—estimated at Rs 3,000 crore as of March 31, 2024—will be apportioned between the two companies. An estimated Rs 1,000 crore of debt will be transferred to ABLBL, while the remaining Rs 2,000 crore will stay with demerger is seen as a value unlocking exercise for ABFRL shareholders, as each listed entity will have its own distinct capital structure, independent growth strategy, and value creation also plans to raise Rs 2,500 crore in equity capital within 12 months of the demerger, with promoter participation to the demerger, the paid-up equity capital of ABLBL stood at Rs 5 lakh, consisting of 50,000 equity shares of face value Rs 10 each, which will now be cancelled under the scheme.
Economic Times
23-06-2025
- Business
- Economic Times
Aditya Birla Lifestyle shares list at Rs 167.75 post demerger, Motilal gives Rs 190 target price
Domestic brokerage firm Motilal Oswal has initiated coverage on ABLBL with a Neutral rating and a target price of Rs 190. Synopsis Aditya Birla Lifestyle Brands Limited (ABLBL) commenced trading on the BSE and NSE following its demerger from Aditya Birla Fashion and Retail Limited (ABFRL). Motilal Oswal initiated coverage with a Neutral rating, anticipating revenue growth driven by retail expansion and emerging brands. Shares of Aditya Birla Lifestyle Brands Limited (ABLBL) listed on the BSE and NSE today following its demerger from Aditya Birla Fashion and Retail Limited (ABFRL). On the BSE, the stock debuted at Rs 167.75, while on the NSE, it listed at Rs 167. ADVERTISEMENT Based on the share price of the demerged ABFRL immediately after the demerger, the market had ascribed a value of Rs 171 per share to ABLBL, implying a market capitalisation of about Rs 21,000 crore. Domestic brokerage firm Motilal Oswal has initiated coverage on ABLBL with a Neutral rating and a target price of Rs 190. "We expect ABLBL to deliver ~10% revenue CAGR over FY25–28E, driven by an acceleration in retail store additions in lifestyle brands (~700 net store additions over FY25–28E), improvement in store productivity (~3.5% SPSF CAGR), and scale-up of emerging brands," Motilal was demerged from Aditya Birla Fashion and Retail (ABFRL) in May 2025 and comprises four industry-leading lifestyle brands—Louis Philippe, Van Heusen, Allen Solly, and Peter England—as well as emerging brands such as Van Heusen Innerwear, Reebok, and American company has a retail presence of over 3,250 stores, spanning approximately 4.6 million sq. ft. of retail space, and enjoys a wide distribution across large format stores (LFS), multi-brand outlets (MBOs), and online channels. ABLBL follows an asset-light model, with around 70% of its stores operated by franchisees. ADVERTISEMENT As part of the demerger, shareholders of ABFRL received one share of ABLBL for every one share held in ABFRL, in addition to their existing ABFRL business assets and liabilities have been split between the two entities in accordance with regulatory guidelines. As per the arrangement, ABFRL's total borrowings—estimated at Rs 3,000 crore as of March 31, 2024—will be apportioned between the two companies. An estimated Rs 1,000 crore of debt will be transferred to ABLBL, while the remaining Rs 2,000 crore will stay with ABFRL. ADVERTISEMENT The demerger is seen as a value unlocking exercise for ABFRL shareholders, as each listed entity will have its own distinct capital structure, independent growth strategy, and value creation also plans to raise Rs 2,500 crore in equity capital within 12 months of the demerger, with promoter participation expected. ADVERTISEMENT Prior to the demerger, the paid-up equity capital of ABLBL stood at Rs 5 lakh, consisting of 50,000 equity shares of face value Rs 10 each, which will now be cancelled under the scheme. (You can now subscribe to our ETMarkets WhatsApp channel) Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Cyient shares fall over 9% after Q4 profit declines, core business underperforms Cyient shares fall over 9% after Q4 profit declines, core business underperforms L&T Technology Services shares slide 7% after Q4 profit dips L&T Technology Services shares slide 7% after Q4 profit dips Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? SEBI warns of securities market frauds via YouTube, Facebook, X and more SEBI warns of securities market frauds via YouTube, Facebook, X and more API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders Security, transparency, and innovation: What sets Pi42 apart in crypto trading Security, transparency, and innovation: What sets Pi42 apart in crypto trading Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains The rise of Crypto Futures in India: Leverage, tax efficiency, and market maturity, Avinash Shekhar of Pi42 explains NEXT STORY
