Aditya Birla Sun Life AMC Ltd | Globe Capital Market LTD.
Aditya Birla Sun Life AMC Ltd
Closed
Price Band
Rs. 695 – 712
IPO Issue Period
Sep 29, 2021 to Oct 01, 2021
Issue Size
Rs. 2768.26 Cr.
Face value
Rs. 5/-
Fresh issue
NIL
Offer for sale
Rs. 2768.26 Cr.
Minimum Shares for Retail
20 shares
Maximum Shares for Retail
280 shares
Listing on
NSE, BSE
Issue Type
Book Building
Tentative Listing Date
11-Oct-21
QIB
Not More than 50% of the offer
NII
Not less than 15% of the offer
Retail
Not less than 35% of the offer
Registrar to the Issue
KFintech Private Limited

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 Rs. 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 asset under management (MAAUM) from institutional investors was Rs. 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 Capital Limited (ABCL) and Sun Life (India) AMC Investments Inc. are the company promoters.

For year/ period ended ( in Cr.)

31 Mar 2021 31 Mar 2020 31 Mar 2019
Total Revenue 1205.84 1234.76 1407.25
Profit After Tax 526.28 494.4 447.9
EPS 18.27 17.17 15.51
OPM(%) 57.71% 53.51% 45.89%
PATM(%) 43.64% 40.04% 31.83%
  • 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
  • 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.

With the increasing awareness of equity & mutual fund the company will be benefited in the coming future. Hence, long term investor may consider investing in this issue.

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