Aditya Birla IPO Detail, Info, Review, Analysis

About Aditya Birla Sun Life AMC

Company Information

Aditya Birla Sun Life AMC Limited is ranked as the largest non-bank affiliated AMC in India by QAAUM since March 31, 2018, and among the four largest AMCs in India by QAAUM since September 30, 2011, according to CRISIL. It managed a total AUM of '2,736.43 billion under its suite of mutual funds (excluding domestic FoFs), portfolio management services, offshore, and real estate offerings, as of December 31, 2020. The company attributes its leadership position to a focus on consistent investment performance, an extensive distribution network, a strong brand, an experienced management team, and superior customer service. Since its inception in 1994, it has established a geographically diversified pan-India distribution presence, covering 284 locations across 27 states and six union territories. Its distribution network is extensive and multi-channeled, with a significant physical and digital presence, including over 64,500 local KYD-compliant MFDs, over 240 national distributors, and over 100 banks, as of December 31, 2020. The company managed 135 schemes, comprising 35 equity schemes (including diversified, tax saving, hybrid, and sector schemes), 93 debt schemes (including ultra-short-duration, short-duration, and fixed-maturity schemes), two liquid schemes, and five ETFs, as of December 31, 2020. Additionally, it managed six domestic FoFs as of the same date. The company's flagship schemes include Aditya Birla Sun Life Frontline Equity Fund and Aditya Birla Sun Life Corporate Bond Fund, both of which have grown to become leading funds in India. The total QAAUM (excluding domestic FoFs) has grown over the years and was '2,554.58 billion, '2,475.22 billion, '2,464.80 billion, and '2,475.29 billion as of December 31, 2020, and March 31, 2020, 2019, and 2018, respectively. In addition, the company provides portfolio management services, offshore, and real estate offerings, and managed a total AUM of '116.71 billion as part of these services, as of December 31, 2020.

Object of Issue

Offer for Sale

Aditya Birla Sun Life AMC MainBoard IPO Details (at the time of IPO)

IPO Type :

Book Building

IPO Date :

Oct, 2021

IPO Size :

2768.26 Cr.

IPO Subscription :

5.25 X

PE Multiple :

33.09

Merchant Banker :
Axis Capital Limited

Bofa Securities India Limited
Citigroup Global Markets India Private Limited
Hdfc Bank Limited
Jm Financial Limited
Kotak Mahindra Capital Company Limited
Motilal Oswal Investment Advisors Limited
SBI Capital Markets Limited
Yes Securities (India) Limited

FAQs

1. What is Aditya Birla Sun Life AMC IPO?

Aditya Birla Sun Life AMC operates in Banking And Finance and ABSLAMC. The Issue is listed on BSE,NSE in Oct, 2021. Aditya Birla Sun Life AMC IPO size was 2768.26 Cr. with Issue price of 712.00 .

2. Who is the merchant banker of Aditya Birla Sun Life AMC IPO?

Merchant Banker(s) of Aditya Birla Sun Life AMC IPO: Axis Capital Limited , Bofa Securities India Limited , Citigroup Global Markets India Private Limited , Hdfc Bank Limited , Jm Financial Limited , Kotak Mahindra Capital Company Limited , Motilal Oswal Investment Advisors Limited , SBI Capital Markets Limited , Yes Securities (India) Limited

3. How many times Aditya Birla Sun Life AMC IPO was subscribed?

Aditya Birla Sun Life AMC IPO subscription was 5.25 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

4. What is the listing price of Aditya Birla Sun Life AMC IPO?

Aditya Birla Sun Life AMC IPO listed at a listing price of 699.65 against the offer price of 712.00.

5. What is the current market price of Aditya Birla Sun Life AMC IPO?

The current market price of Aditya Birla Sun Life AMC is 790.60.