Aditya Birla Sun Life AMC IPO might hit the market on 29th September 2021 as per the market speculations. Aditya Birla Sun Life AMC yet not fill RHP with SEBI. Aditya Birla Sun Life AMC to raise ₹2,768.26 crores (approx) via an initial public offer with a face value of ₹5 per equity share.
Aditya Birla Sun Life AMC has filed preliminary papers with capital market regulator SEBI to raise funds worth ₹2,768.26 crores via public issue. Aditya Birla Sun Life AMC IPO comprises an offer for sale of 38,880,000 equity shares of ₹5 each. The price band is fixed at ₹695 - ₹712 per share with a face value of ₹5.
Aditya Birla Sun Life AMC incorporated in 1994 is a joint venture of Aditya Birla Capital Limited (ABCL) and Sun Life (India) AMC Investments Inc. They are an investment manager of Aditya Birla Sun Life Mutual Fund. Aditya Birla Sun Life Mutual Fund sponsored by Aditya Birla Capital Limited. The company is a part of the Aditya Birla Group. ABSLMF is the fourth largest fund house in India. Their services include fund management, in relation to customer on-boarding, online payments & other transactions, dealing, accounting, customer service, data analytics, and other functions. Check out Aditya Birla Sun Life AMC IPO details.
Aditya Birla Sun Life AMC IPO Date & Price Band:
| IPO Opening Date | Sep 29, 2021 |
| IPO Closing Date | Oct 01, 2021 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹5 per equity share |
| IPO Price | ₹695 to ₹712 per equity share |
| Market Lot | 20 Shares |
| Min Order Quantity | 20 Shares |
| Listing At | BSE, NSE |
| Issue Size | 38,880,000 Eq Shares of ₹5 (aggregating up to ₹2,768.26 Cr) |
| Offer for Sale | 38,880,000 Eq Shares of ₹5 (aggregating up to ₹2,768.26 Cr) |
Aditya Birla Sun Life AMC IPO Tentative Timetable
The Aditya Birla Sun Life AMC IPO open date is Sep 29, 2021, and the close date is Oct 01, 2021. The issue may list on 11 Oct 2021.
| IPO Open Date | Sep 29, 2021 |
| IPO Close Date | Oct 01, 2021 |
| Basis of Allotment Date | Oct 6, 2021 |
| Initiation of Refunds | Oct 7, 2021 |
| Credit of Shares to Demat Account | Oct 8, 2021 |
| IPO Listing Date | Oct 11, 2021 |
Aditya Birla Sun Life AMC IPO Market Lot:
The Aditya Birla Sun Life AMC IPO minimum market lot is 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: | Minimum 20 Shares |
| Minimum Amount: | ₹14,240 |
| Maximum Lot Size: | Maximum 280 Shares |
| Maximum Amount: | ₹199,360 |
Aditya Birla Sun Life AMC Company Financial:
| Particulars | For the year/period ended (₹ in millions) | |||
|---|---|---|---|---|
| 31-Dec-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
| Total Assets | 19,595.09 | 15,719.59 | 14,984.60 | 15,492.70 |
| Total Revenue | 8,736.33 | 12,347.68 | 14,072.50 | 13,236.71 |
| Profit After Tax | 3,695.43 | 4,944.02 | 4,467.99 | 3,485.6 |
Aditya Birla Sun Life AMC IPO Reviews / Ratings
- Updates Soon
Brokerage Firm IPO Reviews for Aditya Birla Sun Life AMC IPO
- ICICI Securities: Adding Soon
- Motilal Oswal: Adding Soon
- Capital Market: Adding Soon
- Ventura Securities Limited: Adding Soon
- KR Choksey: Adding Soon
- AXIS Capital Ltd: Neutral
Read Also:-
- Aditya Birla Sun Life AMC IPO GMP (Grey Market Premium)
- Aditya Birla Sun Life AMC IPO Subscription Status
- Aditya Birla Sun Life AMC IPO Allotment Status
Aditya Birla Sun Life AMC IPO Form:
How to apply the Aditya Birla Sun Life AMC IPO? You can apply for Aditya Birla Sun Life AMC IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Aditya Birla Sun Life AMC IPO in the Invest section. The other option is you can apply to Aditya Birla Sun Life AMC IPO via IPO forms download via NSE and BSE. Check out the Aditya Birla Sun Life AMC IPO forms - click NSE Forms & BSE Forms blank Aditya Birla Sun Life AMC IPO forms download, fill, and submit in your bank or with your broker.
Aditya Birla Sun Life AMC IPO Subscription Numbers(Day 1)
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | x | x | x |
| NII | x | x | x |
| RII | x | x | x |
| EMP | x | x | x |
| OTH | x | x | x |
| Total | x | x | x |
About Aditya Birla Sun Life AMC
Established in 1994, Aditya Birla Sun Life AMC Limited (ABSLAMC) is a joint venture between Aditya Birla Capital Limited and Sun Life (India) AMC Investments Inc.
ABSLAMC is primarily the investment manager of Aditya Birla Sun Life Mutual Fund, a registered trust under the Indian Trusts Act, 1882. Having total domestic assets under management (AUM) of over to Rs.2.6 lakh crore for the quarter ended March 31, 2021, ABSLMF is one of the leading Fund Houses in India based on domestic average AUM as published by the Association of Mutual Funds of India (AMFI). ABSLMF has an impressive mix of reach, a wide range of product offerings across equity, debt, balanced as well as structured asset classes, sound investment performance and over 7 million investor folios as of March 31, 2021.
With a pan India presence across 280 plus locations, ABSLMF is committed to deepening mutual fund penetration in the country. The company is ceaselessly working to enhance the appeal of mutual funds across a wider set of investors and advisors across India. Part of this effort includes introducing smart solutions, user-friendly services and conveniences which simplify mutual fund processes with digitization for both – investors as well as distribution partners. ABSLMF provides sector-specific equity schemes, fund of fund schemes, hybrid and monthly income funds, debt and treasury products and offshore funds.
Additionally, ABSLAMC 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, ABSLAMC 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 Objectives
The net proceeds from the IPO will be utilized for the following purposes;- 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.
Aditya Birla Sun Life AMC IPO Prospectus
- Aditya Birla Sun Life AMC DRHP
- Aditya Birla Sun Life AMC RHP
Aditya Birla Sun Life AMC Company Promoters:
- Aditya Birla Capital Limited (ABCL)
- Sun Life (India) AMC Investments Inc.
Aditya Birla Sun Life AMC IPO Registrar:
KFintech Private Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India - 500 032.
Phone: 04067162222, 04079611000
Email: vijaya.ipo@kfintech.com
Website: https://karisma.kfintech.com/
Aditya Birla Sun Life AMC IPO Lead Managers:
- 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) Limited
Aditya Birla Sun Life AMC 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
Phone: +91 22 4356 8008
Email: ABSLAMC.CS@adityabirlacapital.com
Website: https://mutualfund.adityabirlacapital.com
Aditya Birla Sun Life AMC IPO FAQs
What is Aditya Birla Sun Life AMC IPO?
Aditya Birla Sun Life AMC IPO is a main-board IPO. They are going to raise ₹2,768.26 Crores via IPO. The issue is priced at ₹695 to ₹712 per equity share. The IPO is to be listed on BSE & NSE.
When Aditya Birla Sun Life AMC IPO will open?
The Aditya Birla Sun Life AMC IPO is to open on Sep 29, 2021 for QIB, NII, and Retail Investors.
What is Aditya Birla Sun Life AMC IPO Investors Portion?
The investors' portion for Aditya Birla Sun Life AMC IPO is QIB 50%, NII 15%, and Retail 35%.
How to Apply the Aditya Birla Sun Life AMC IPO?
You can apply for Aditya Birla Sun Life AMC IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
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". 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.
What is Aditya Birla Sun Life AMC IPO Size?
Aditya Birla Sun Life AMC IPO size is ₹2,768.26 crores (Approx).
What is Aditya Birla Sun Life AMC IPO Price Band?
Aditya Birla Sun Life AMC IPO Price Band is ₹695 to ₹712.
What is Aditya Birla Sun Life AMC IPO Minimum and Maximum Lot Size?
The minimum bid is 20 Shares with ₹14,240 amount while the maximum bid is 280 shares with ₹199,360.
What is Aditya Birla Sun Life AMC IPO Allotment Date?
Aditya Birla Sun Life AMC IPO allotment date is Oct 06, 2021.
What is Aditya Birla Sun Life AMC IPO Listing Date?
Aditya Birla Sun Life AMC IPO listing date is Oct 11, 2021. The IPO to list on BSE and NSE.
