Aditya Birla Sun Life AMC Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 18,468,000 (48%) | — | ₹131,492 Cr |
| NII (HNI) | — | 5,540,400 (14%) | — | ₹39,448 Cr |
| Retail | — | 12,927,600 (33%) | — | ₹92,045 Cr |
| Employee | — | 1,944,000 (5%) | — | ₹1,384 Cr |
| Σ Total | — | 38,880,000 (100%) | — | ₹2,768,256 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 20 | ₹14,240 |
| Retail (Max) | 13 | 260 | ₹185,120 |
| S-HNI (Min) | 14 | 280 | ₹199,360 |
| B-HNI (Min) | 67 | 1,340 | ₹954,080 |
Financial Statements Amount in Crore
| Metric | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 |
|---|---|---|---|
| Revenue | 1,206 | 1,235 | 1,407 |
| Profit After Tax | 526 | 494 | 447 |
| Total Assets | 1,985 | 1,572 | 1,498 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Achieve the benefits of listing the Equity Shares on the Stock Exchanges –
- 2 Carry out the Offer for Sale of 38,880,000Equity Shares by the Selling Shareholders –
Company Overview
Incorporated in 1994, Aditya Birla Sun Life AMC is set up as a joint venture between ABCL and Sun Life AMC. The company managed a total AUM of ₹2,736.43 Bn under mutual fund (excluding domestic FoFs), portfolio management services, offshore and real estate offerings, as of December 31, 2020. The company managed 135 schemes comprising 35 equity, 93 debt, 2 liquid schemes, 5 ETFs, and 6 domestics FoFs as of December 31, 2020. The company’s Monthly average assets under management (MAAUM) from institutional investors was ₹1,412.43 Bn as of December 31, 2020, which was the fourth-largest among its peers, according to CRISIL.
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