Aditya Birla Sun Life AMC Ltd IPO- 29th, September 2021

Aditya Birla Sun Life AMC Ltd IPO- 29th, September 2021

Company Background

Aditya Birla Sun Life AMC Limited (ABSLAMC, formerly known as Birla Sun Life Asset Management Company Limited) established in 1994, is a joint venture between the Aditya Birla Capital Limited and Sun Life (India) AMC Investments Inc. The company offers a total of 135 mutual fund schemes consisting of 35 equity schemes, 93 debt schemes, 2 liquid schemes and 5 ETFs. In addition, it also offers 5 domestic fund of funds (FOF). 

Business Information

Aditya Birla Capital Limited is the financial services platform of the Aditya Birla Group.  Company has more than 17,000 employees, with a nationwide reach and more than 200,000 agents / channel partners. It is primarily the investment manager of Aditya Birla Sun Life Mutual Fund, a registered trust under the Indian Trusts Act, 1882.

Facts about the company
  • Aditya Birla Sun Life AMC Ltd, is the fourth largest asset management company in India in terms of assets under management (AUM) and the largest non-bank mutual fund
  • It has total assets under management of Rs.275,454 crore as of the end of June quarter
  • Credit risks related to the debt portfolio of their funds may expose them to losses, which may have an adverse effect on their business.
Points to note before investing in Aditya Birla Sun Life AMC Ltd IPO
  • The company operates through a network of 66,000 KYD-compliant mutual fund distributors and 240 national level distributors.
  • The fund has an institutional AUM base of more than 50%, largely into debt and liquid schemes.
  • Net profit margins have expanded from 31.75% to 43.64% over the last two years on better cost management and lower asset impairment provisioning.
  • It is the largest Non-bank Affiliated Asset management company of India
  • Growing Individual Investor Customer Base Driven by Strong Systematic Flows
  • Pan-India Diversified Distribution Network
  • The growth of their AUM may be affected due to the unavailability of appropriate investment opportunities or if they close or discontinue some of their schemes or services.

IPO Opening Date
September 29, 2021
IPO Closing Date
October 1, 2021
Issue Type
Book Built Issue IPO
Face Value
₹5 per equity share
IPO Price
₹695 to ₹712 per equity share
Market Lot
Min Order Quantity
Listing At
Allotment, Listing and Refunds details

IPO Open Date
September 29, 2021
IPO Close Date
October 1, 2021
Basis of Allotment Date
October 6, 2021
Initiation of Refunds
October 7, 2021
Credit of Shares to Demat Account
October 8, 2021
IPO Listing Date
October 11, 2021
Know more-
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To apply from 5paisa Mobile App- Apply IPO
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