Aditya Birla Sun Life AMC Limited IPO Open on 29 September 2021 and closes on 1 October 2021. The company has submitted its DRHP with SEBI, in the documents submitted to SEBI, the company said that it will use its IPO Aditya Birla Capital Ltd will reduce its 13.5% stake in which its face value is ₹5 Rs. Will issue 2,850,880 equity shares and Sun Life AMC Limited will issue 3,60,29,120 equity shares. ABSL AMC IPO is to raise ₹2768.26 crores from the IPO which the company will use for expansion for its business.
ABSL AMC 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, ABSL AMC 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.
Aditya Birla Sun Life AMC IPO Review
■ Apply for Short Term & Long Term
Aditya Birla Sun Life AMC Limited IPO Date & Price Band :
| IPO Open : | 29 September 2021 |
| IPO Close : | 1 October 2021 |
| IPO Size : | ₹2768.26 Cr |
| Face Value : | ₹5 Rs. Equity Share |
| Price Band : | ₹695-₹712 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹2768.26 Cr |
| Fresh Issue : | ₹0 Cr |
| offer For Sale : | ₹2768.26 Cr |
Aditya Birla Sun Life AMC Limited IPO Market Lot :
Aditya Birla Sun Life AMC IPO Minimum Market lot is 1 Lot with 20 shares with ₹14,240 Application amount. The retail investors can apply up to 14 lots with 280 Shares or ₹199,360 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 20 |
| Minimum Amount : | ₹14,240 |
| Maximum Lot Size : | 14 Lot |
| Maximum shares : | 280 |
| Maximum Amount : | ₹199,360 |
Aditya Birla Sun Life AMC IPO Shares Offer :
A total of 38,880,000 Shares are to be bid for the public issue by Aditya Birla Sun Life AMC IPO with – for Fresh issue and for an offer for sale 38,880,000 Shares.
| Category | Shares Offers | Amount |
|---|---|---|
| Fresh issue : | – | ₹0 |
| Offer For Sale : | 38,880,000 | ₹2768.26 Cr |
| Total : | 38,880,000 | ₹2768.26 Cr |
Aditya Birla Sun Life AMC IPO Reservation :
Aditya Birla Sun Life AMC IPO Total Reservation of 38,880,000 shares is to be bid for the public issue by Aditya Birla Sun Life AMC with 18,468,000 for QIB and 55,40,400 for NII, 12,927,600 For RII & 19,44,000 Shares EMP.
| Category | Reservation | Shares | Amount |
|---|---|---|---|
| QIB : | 50% | 18,468,000 | ₹1314.92 Cr |
| NII : | 15% | 55,40,400 | ₹394.48 Cr |
| RII : | 35% | 12,927,600 | ₹920.45 Cr |
| EMP : | 5 % | 19,44,000 | ₹138.41 Cr |
| Total : | 100% | 38,880,000 | ₹2768.26 Cr |
Aditya Birla Sun Life AMC IPO Dates :
Aditya Birla Sun Life AMC IPO Date is 29 September 2021. The allotment will be finalized on 6 October 2021 and the IPO may list on 11 October 2021.
| Open Date : | 29 September 2021 |
| Close Date : | 1 October 2021 |
| Allotment Date : | 6 October 2021 |
| Refund Date : | 7 October 2021 |
| Share Credit Date : | 8 October 2021 |
| Listing Date : | 11 October 2021 |
Aditya Birla Sun Life AMC Limited IPO Form
There are two ways to apply in Aditya Birla Sun Life AMC Limited IPO. You can apply for Aditya Birla Sun Life AMC Limited IPO through ASBA available in your bank account. You have to go to your online bank login and select Aditya Birla Sun Life AMC Limited IPO in the Invest section and apply through your bank account. Another option is you can apply Aditya Birla Sun Life AMC Limited IPO through IPO form download through NSE and BSE. See the Aditya Birla Sun Life AMC Limited IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Aditya Birla Sun Life AMC Company Financial Report (Cr) :
| Year | Revenue | Expense | PAT |
| 2021-9M | ₹8,736.33 | ₹3,854.79 | ₹3,695.43 |
| 2020 | ₹12,346.68 | ₹5,740.39 | ₹4,944.02 |
| 2019 | ₹14,072.50 | ₹7,614.83 | ₹4,467.99 |
| 2018 | ₹13,236.71 | ₹8,021.63 | ₹3,485.61 |
About Aditya Birla Sun Life AMC Company
Our Company was originally incorporated as ‘Birla Capital International AMC Limited’ at Mumbai, Maharashtra as a public company under the Companies Act, 1956, pursuant to a certificate of incorporation dated September 5, 1994, issued by the RoC and commenced operations pursuant to a certificate for commencement of business dated November 10, 1994, issued by the RoC.
The name of our Company was changed from ‘Birla Capital International AMC Limited’ to ‘Birla Sun Life Asset Management Company Limited’ pursuant to which a revised certificate of incorporation was issued by the RoC dated June 29, 1999. Subsequently, the name of our Company was changed from ‘Birla Sun Life Asset Management Company Limited’ to ‘Aditya Birla Sun Life AMC Limited’ and a revised certificate of incorporation dated July 17, 2017, pursuant to a change of name was issued by the RoC.
We are 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 CRISIL. We managed a total AUM of ₹2,736.43 billion under our suite of mutual funds (excluding our domestic FoFs), portfolio management services, offshore and real estate offerings, as of December 31, 2020. We believe we have achieved this leadership position through our focus on consistent investment performance, extensive distribution network, brand, experienced management team, and superior customer service.
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we have established a geographically diversified pan-India distribution presence covering 284 locations spread over 27 states and six union territories. Our distribution network is extensive and multi-channeled with a significant physical as well as digital presence, and included over 64,500 local KYD-compliant MFDs, over 240 national distributors, and over 100 banks, as of December 31, 2020.
We managed 135 schemes comprising 35 equity schemes (including, among others, diversified, tax saving, hybrid, and sector schemes), 93 debt schemes (including, among others, ultra-short duration, short-duration, and fixed-maturity schemes), two liquid schemes, and five ETFs, as of December 31, 2020. As of the same date, we also managed six domestic FoFs. Our flagship schemes include Aditya Birla Sun Life Frontline Equity Fund and Aditya Birla Sun Life Corporate Bond Fund, both of which have grown to become leading funds in India under our management.
Our total QAAUM (excluding our domestic FoFs) has grown over the years and was ₹2,554.58 billion, ₹2,475.22 billion, ₹2,464.80 billion, and ₹2,475.29 billion as of December 31, 2020, and March 31, 2020, 2019, and 2018, respectively. In addition, we provide portfolio management services, offshore and real estate offerings and we managed a total AUM of ₹116.71 billion as part of such services, as of December 31, 2020.
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We cater to a wide range of customers from individuals to institutions through this pan-India network and offering of customer solutions, which we believe positions us well to attract a large segment of the Indian mutual fund market across varying customer requirements and risk profiles and to develop a broad customer franchise with a strong retail customer base. Our MAAUM from institutional investors was ₹1,412.43 billion as of December 31, 2020, which was the fourth-largest among its peers, according to CRISIL. Similarly, our MAAUM from individual investors was ₹1,225.74 billion as of December 31, 2020.
Our Company Strengths
- Largest Non-bank Affiliated Asset Manager in India.
- Well-Recognized and Trusted Brand with Experienced Promoters.
- Rapidly Growing Individual Investor Customer Base Driven By Strong Systematic Flows and B-30 Penetration.
- Diverse Product Portfolio with Superior Fund Performance supported by Research Driven Investment Philosophy.
- Pan-India, Diversified Distribution Network.
- Long-term Track Record of Innovation in and Use of Technology.
- Award-Winning Franchise Led By Experienced and Stable Management and Investment Teams.
Company Promoters :
■ Kumar Mangalam Birla
Aditya Birla Sun Life AMC Board of Directors
| Name | Designation |
| Kumar Mangalam Birla | Non-Executive Chairman |
| Ajay Srinivasan | Non – Executive Director |
| Sandeep Asthana | Non – Executive Director |
| A Balasubramanian | Managing Director and Chief Executive Officer |
| Colm Freyne | Non – Executive Director |
| Bobby Parikh | Independent Director |
| Bharat Patel | Independent Director |
| Alka Bharucha | Independent Director |
| Harish Engineer | Independent Director |
| Navin Puri | Independent Director |
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Aditya Birla Sun Life AMC Limited IPO Lead Managers :
■ Axis Capital Limited
■ HDFC Bank Limited
■ ICICI Securities Limited
■ IIFL Securities Limited
■ JM Financial Limited
■ Motilal Oswal Investment Advisors Limited
■ SBI Capital Markets Limited
■ YES Securities (India) Limited
Aditya Birla Sun Life AMC Limited IPO Registrar :
KFin Technologies Private Limited
(formerly known as Karvy Fintech Private Limited)
Selenium, Tower B, Plot No. – 31 and 32 Financial District
Nanakramguda, Serilingampally
Hyderabad, Rangareddi 500 032
Telangana, India
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com
Note: Check Aditya Birla Sun Life AMC Limited IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Aditya Birla Sun Life AMC Limited
One World Center, Tower-1, 17th Floor
Jupiter Mills Compound, 841,
S. B. Marg Elphinstone Road,
Mumbai, 400013, Maharashtra, India
Telephone: +91 22 4356 8008
E-mail: [email protected]
Website: https://mutualfund.adityabirlacapital.com
Aditya Birla Sun Life AMC Limited IPO FAQs :
What is Aditya Birla Sun Life AMC IPO?
Aditya Birla Sun Life AMC IPO is Mainboard IPO. They are going to raise ₹2768.26. Crores via IPO. The issue is priced at ₹695-₹712 per equity share. The IPO is to be listed on NSE, BSE.
When Aditya Birla Sun Life AMC IPO will open?
The IPO is to open on 29 September 2021 for QIB, NII & RII.
What is Aditya Birla Sun Life AMC IPO Size?
Aditya Birla Sun Life AMC IPO size is ₹2768.26 Crores.
What is the Fresh issue size of Aditya Birla Sun Life AMC IPO?
The Fresh issue size of Aditya Birla Sun Life AMC IPO ₹0Cr.
What is the Offer For Sale size of Aditya Birla Sun Life AMC IPO?
The Offer For Sale size of Aditya Birla Sun Life AMC IPO ₹2768.26 Cr.
What is Aditya Birla Sun Life AMC IPO Price Band?
Aditya Birla Sun Life AMC IPO Price Band is ₹695-₹712 Per share.
What is Aditya Birla Sun Life AMC IPO Minimum and Maximum Lot Size?
The minimum bid is 1 Lot 20 Shares with ₹14,240 amount while the maximum bid is 20 Lot 280 shares with ₹199,360.
What is Aditya Birla Sun Life AMC IPO Investors Portion?
The investors’ portion for QIB is 50%, NII 10%, RII 35%.
What is Aditya Birla Sun Life AMC IPO Allotment Date?
Aditya Birla Sun Life AMC IPO allotment date is 6 October 2021.
What is Aditya Birla Sun Life AMC IPO Listing Date?
Aditya Birla Sun Life AMC IPO listing date is 11 October 2021. The IPO to list on NSE, BSE.
How to Apply the Aditya Birla Sun Life AMC IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Aditya Birla Sun Life AMC IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Aditya Birla Sun Life AMC IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Aditya Birla Sun Life AMC IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Aditya Birla Sun Life AMC IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Aditya Birla Sun Life AMC IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Aditya Birla Sun Life AMC IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Aditya Birla Sun Life AMC IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
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