Aditya Birla Sun Life AMC incorporated in 1994, is set up as a joint venture between ABCL and SUN Life AMC. The company is ranked as the largest non-bank affiliated AMC in India by QAAUM since March 31, 2018, and among the four largest AMCs in India by QAAUM since September 30, 2011, according to the CRISIL Report. It managed a total AUM of Rs. 2936.42 billion under its suite of mutual fund (excluding domestic FoFs), portfolio management services, offshore, and real estate offerings, as of Jun 30, 2021. It Believes that it has achieved this leadership position through a focus on consistent investment performance, extensive distribution network, brand, experienced management team, and superior customer services.
The company has automated and digitized several aspects of its operations including in relation to customer onboarding, online payments and other transactions, fund management, dealing, accounting, customer service, data analytics, and other functions.
Competitive Strengths
- Largest Non-bank Affiliated Asset management company of India.
- Well recognized and trusted brand with experienced promoters.
- Rapidly growing customer base.
- Well-Diversified product portfolio and innovative schemes
Aditya Birla Sun Life AMC IPO Tentative Timetable
| Particular | Date |
| IPO Open Date | 29 Sep 2021 |
| IPO Close Date | 01 Oct 2021 |
| Allotment Date | 06 Oct 2021 |
| IPO Listing Date | 11 Oct 2021 |
Aditya Birla Sun Life AMC IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 5 Per Equity Share |
| IPO Price | Rs. 695 to Rs. 712 Per Equity Share |
| Market Lot | 20 Share |
| NSE Symbol | |
| BSE Symbol | |
| ISIN Code | |
| Listing At | NSE, & BSE |
| Issue Size | Approx. Rs. 2768 Crore. |
Aditya Birla Sun Life AMC IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 20 | Rs. 14240 |
| Maximum | 14 | 280 | Rs. 199360 |
Aditya Birla Sun Life AMC IPO Allotment Status
Click Here To Check IPO Allotment Status Aditya Birla Sun Life AMC.
Click Here To Get ASBA Forms Aditya Birla Sun Life AMC.
Company Financials:
| Particular | 31 March 2021 | 31 March 2020 | 31 March 2019 |
| Total Assets | 19845.51 | 15719.59 | 14984.60 |
| Total Revenue | 12058.41 | 12347.68 | 14072.50 |
| Profit After Tax | 2669.44 | 2110.12 | 4467.99 |
Company Promoters:
Aditya Birla Capital Limited (ABCL) and Sun Life (India) AMC Investments Inc. are the company promoters.
Objects of this Issue:
The net IPO proceeds will be used for the following purposes :
- 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.
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| Aditya Birla Sun Life AMC Ltd One World Center, Tower-1, 17th Floor Jupiter Mills Compound, 841, S. B. Marg Elphinstone Road, Mumbai, 400013 Phone: +91 22 4356 8008 Email: ABSLAMC.CS@adityabirlacapital.com Website: https://mutualfund.adityabirlacapital.com | KFintech Private Limited Phone: 04067162222, 04079611000 Email: absl.ipo@kfintech.com Website: https://karisma.kfintech.com/ |
