Aditya Birla Sun Life AMC Limited IPO
Mainboard₹14,240 / 20 Shares
Aditya Birla Sun Life AMC Limited IPO Details
The Aditya Birla Sun Life AMC Limited IPO price band is set between ₹695-712 per equity share, with a face value of ₹5 per share. The issue is managed by KFintech Private Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 29 Sep, 2021 and closes on 1 Oct, 2021. Investors can check the allotment status on 7 Oct, 2021, while the listing date is tentatively scheduled for 11 Oct, 2021.
The total issue size is Offer for Sale: 38,880,000 Eq Shares of ₹5 , aggregating up to ₹2,768.26 Cr. Stay tuned for the latest Aditya Birla Sun Life AMC Limited IPO review and GMP updates.
Aditya Birla Sun Life AMC Limited IPO Review, Rating & Analysis
Aditya Birla Sun Life AMC Limited IPO Review
NO REVIEWAditya Birla Sun Life AMC Limited IPO Rating
Aditya Birla Sun Life AMC Limited IPO Highlights
IPO Date
Sep 29, 2021 - Oct 1, 2021
Listing Date
11 Oct, 2021
Face Value
₹5 Per Equity Share
Price Band
₹695-712 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Aditya Birla Sun Life AMC Limited IPO Lot Size
The minimum market lot for Aditya Birla Sun Life AMC Limited IPO is 20 shares with an application amount of ₹14,240. Retail investors can apply for up to 14 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 20 | ₹14,240 |
| Retail (Max) | 14 | 280 | ₹1,99,360 |
| S-HNI (Min) | 15 | 300 | ₹2,13,600 |
| S-HNI (Max) | 70 | 1400 | ₹9,96,800 |
| B-HNI (Min) | 71 | 1420 | ₹10,11,040 |
Aditya Birla Sun Life AMC Limited IPO Timeline
Issue Price
₹695-712 per equity shareFace Value
₹5 Per Equity ShareListing at Group
BSE, NSERegistrar
KFintech Private LimitedLead Manager
Axis Capital Limited, BofA Securities India Limited, Citigroup Global Markets India Private Limited, HDFC Bank Limited, ICICI Securities Limited, IIFL Securities Ltd, JM Financial Consultants Private Limited, Kotak Mahindra Capital Company Limited, Motilal Oswal Investment Advisors Pvt Ltd, SBI Capital Markets Limited, Yes Securities (India) LimitedIssue Size
Offer for Sale: 38,880,000 Eq Shares of ₹5 (aggregating up to ₹2,768.26 Cr)Aditya Birla Sun Life AMC Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 21 | 1984.55 | 1205.84 | 526.28 | - | - | - |
| 31 Mar 20 | 1571.95 | 1234.76 | 494.40 | - | - | - |
| 31 Mar 19 | 1498.46 | 1407.25 | 446.79 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Aditya Birla Capital Limited (ABCL)
- Sun Life (India) AMC Investments Inc.
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 86.50% |
About Company
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.
Aditya Birla Sun Life AMC Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 73,87,200 | 55,40,400 | 129,27,600 | 277,99,200 |
Day 1 -29-09-21 05:00 PM | 0.00 x | 0.13 | 1.10 x | 0.56 x |
Day 2 -30-09-21 05:00 PM | 0.06 x | 0.40 | 2.01 x | 1.08 x |
Day 3 -01-10-21 07:00 PM | 10.36 x | 4.39 | 3.24 x | 5.25 x |
2.42 times
Frequently Asked Questions about Aditya Birla Sun Life AMC Limited IPO IPO
When will Aditya Birla Sun Life AMC Limited IPO open for subscription?
The Aditya Birla Sun Life AMC Limited IPO opens on 29 Sep, 2021 and closes on 1 Oct, 2021.
What is the investors portion for Aditya Birla Sun Life AMC Limited IPO?
The investors' portion for QIB is 10.36 x, NII is 4.39, and Retail is 3.24 x.
How to apply for Aditya Birla Sun Life AMC Limited IPO?
You can apply for Aditya Birla Sun Life AMC Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Aditya Birla Sun Life AMC Limited IPO?
The issue size of Aditya Birla Sun Life AMC Limited IPO is approx ₹Offer for Sale: 38,880,000 Eq Shares of ₹5 (aggregating up to ₹2,768.26 Cr) crores.
What is the price band of Aditya Birla Sun Life AMC Limited IPO?
The price band for Aditya Birla Sun Life AMC Limited IPO is ₹695 to ₹712 per equity share.
What is the lot size of Aditya Birla Sun Life AMC Limited IPO?
The minimum bid (lot size) for Aditya Birla Sun Life AMC Limited IPO is N/A shares with an investment of approx ₹14,240 .
What is the allotment date of Aditya Birla Sun Life AMC Limited IPO?
The allotment date for Aditya Birla Sun Life AMC Limited IPO is 7 Oct, 2021.
What is the listing date of Aditya Birla Sun Life AMC Limited IPO?
The listing date for Aditya Birla Sun Life AMC Limited IPO is expected to be 11 Oct, 2021.
What is the GMP of Aditya Birla Sun Life AMC Limited IPO?
The latest Grey Market Premium (GMP) for Aditya Birla Sun Life AMC Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.