Aditya Birla Sun Life AMC IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents
- About Aditya Birla Sun Life AMC
- Important Details – Aditya Birla Sun Life AMC
- Objects of the Issue
- Aditya Birla Sun Life AMC Limited Financials:
- Aditya Birla Sun Life AMC IPO Price Details
- Aditya Birla Sun Life AMC IPO DRHP & RHP
- Aditya Birla Sun Life AMC IPO Lot Size
- Aditya Birla Sun Life AMC IPO Lead Managers
- Aditya Birla Sun Life AMC Registrar
- Aditya Birla Sun Life AMC IPO Allotment Date, Listing Date and other Important Dates
- Company Peers – Comparison of Accounting Ratios
- Company Registered and Corporate Office
- Company Promoters
- Aditya Birla Sun Life AMC IPO – FAQS
About Aditya Birla Sun Life AMC
Aditya Birla Sun Life AMC Limited is one of the largest non-bank affiliated Asset Management Company in India. The company managed total AUM of ₹2,936.42 billion under the suite of mutual fund (excluding the domestic FoFs), portfolio management services, offshore and real estate offerings, as of June 30, 2021. The company believe have achieved this leadership position through the focus on consistent investment performance, extensive distribution network, brand, experienced management team and superior customer service
ABSLAMC is primarily the investment manager of Aditya Birla Sun Life Mutual Fund, a registered trust under the Indian Trusts Act, 1882. Additionally, ABSLAMC has various other business lines such as Portfolio Management Services, Real Estate Investments and Alternative Investment Funds. The Portfolio Management Service is a highly customized service designed to seek consistent long-term results by adopting a research-based, methodical approach to investing. The Real Estate Investment Advisory (REIA) business is a platform that enables investors to access ‘Real Estate Investments’ opportunities meant for investors on a private placement basis. Lastly, ABSLAMC also acts as an investment manager to Aditya Birla Sun Life AIF Trust – I which is formed as a Trust under Category III Alternative Investment Fund (AIF). ABSLAMC has its subsidiaries in Dubai, Mauritius, and Singapore.
ABSLAMC managed 118 schemes comprising 37 equity schemes (including, among others, diversified, tax saving, hybrid, and sector schemes), 68 debt schemes (including, among others, ultra short-duration, short-duration, and fixed-maturity schemes), two liquid schemes, five ETFs, and six domestic FoFs, as of June 30, 2021
Important Details – Aditya Birla Sun Life AMC
| Date | Details |
|---|---|
| September 5, 1994 | The company was originally incorporated as ‘Birla Capital International AMC Limited’ at Mumbai, Maharashtra as a public company |
| June 29, 1999 | The name of the company was changed from ‘Birla Capital International AMC Limited’ to ‘Birla Sun Life Asset Management Company Limited’. |
| July 17, 2017 | The name of the company was changed from ‘Birla Sun Life Asset Management Company Limited’ to ‘Aditya Birla Sun Life AMC Limited’ |
Objects of the Issue
- achieve the benefits of listing the Equity Shares on the Stock Exchanges; and
- carry out the Offer for Sale of up to 38,880,000 Equity Shares by the Selling Shareholders.
Aditya Birla Sun Life AMC Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in million) | ||
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 19,845.51 | 15,719.59 | 14,984.60 |
| Total income | 12,058.41 | 12,347.68 | 14,072.50 |
| Total Expenses | 5,099.53 | 5,740.39 | 7,614.83 |
| Profit After Tax | 5,262.80 | 4,944.02 | 4,467.99 |
Aditya Birla Sun Life AMC IPO Price Details
| Details | IPO Details |
|---|---|
| Public Issue | Initial Public Offer of up to 38,880,000 Eq Shares of ₹ 5 (aggregating up to ₹ 2768.26 Cr) |
| Issue Open Date | 29-Sep-21 |
| Issue Close Date | 01-Oct-21 |
| Issue Type | Book Built |
| IPO Price Band | ₹ 695 – ₹ 712 |
| Face Value | ₹ 5 |
| Market Lot | 20 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 20 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | BSE, NSE |
| NSE Symbol | ABSLAMC |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Aditya Birla Sun Life AMC IPO DRHP & RHP
Aditya Birla Sun Life AMC IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 20 | ₹ 14,240 |
| Maximum | 14 | 280 | ₹ 1,99,360 |
Aditya Birla Sun Life AMC IPO Lead Managers
- Axis Capital Limited
- BofA Securities India Limited
- Citigroup Global Markets India Private Limited
- HDFC Bank Limited
- ICICI Securities Limited
- IIFL Securities Ltd
- JM Financial Limited
- Kotak Mahindra Capital Company Limited
- Motilal Oswal Investment Advisors Pvt Ltd
- SBI Capital Markets Limited
- Yes Securities (India) Limited
Aditya Birla Sun Life AMC Registrar
- KFin Technologies Private Limited
Aditya Birla Sun Life AMC IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 29-Sep-21 |
| Bid / Offer Closes on | 01-Oct-21 |
| Finalisation of Basis of Allotment | 06-Oct-21 |
| Initiation of refunds | 07-Oct-21 |
| Credit of the Equity Shares | 08-Oct-21 |
| Commencement of trading – Listing | 11-Oct-21 |
Company Peers – Comparison of Accounting Ratios
| Name of Company | Face Value | Total income, for Financial Year 2021 (in ₹ million) | NAV, as on March 31, 2021 (₹ per share) |
| Aditya Birla Sun Life AMC Limited | 5 | 12,058.41 | 59.19 |
| HDFC Asset Management Company Limited | 5 | 22,017.40 | 224.28 |
| Nippon Life India Asset Management Limited | 10 | 14,193.40 | 50.29 |
| UTI Asset Management Company Limited | 10 | 11,986.30 | 255.31 |
Company Registered and Corporate Office
One World Center, Tower 1,
17th Floor, Jupiter Mills,
Senapati Bapat Marg,
Elphinstone Road,
Mumbai, 400 013,
Maharashtra, India
Website: https://mutualfund.adityabirlacapital.com
Company Promoters
- Aditya Birla Capital Limited and
- Sun Life (India) AMC Investments Inc
Aditya Birla Sun Life AMC IPO – FAQS
What is the Aditya Birla Sun Life AMC IPO Price?
The Aditya Birla Sun Life AMC IPO price band is ₹ 695 – ₹ 712 per share
When Aditya Birla Sun Life AMC IPO will open?
The ABSL AMC IPO opens on Sep 29, 2021 and closes on Oct 01, 2021
What is the lot size of Aditya Birla Sun Life AMC IPO?
The Aditya Birla Sun Life AMC IPO lot size is 20 Equity Shares and the minimum order quantity is 20 Equity Shares
Who is the Registrar for Aditya Birla Sun Life AMC IPO?
The Registrar for Aditya Birla Sun Life AMC IPO is KFin Technologies Private Limited
How to apply in Aditya Birla Sun Life AMC IPO through UPI?
Check the step by step process here – Click here
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