Aditya Birla Sun Life AMC Limited IPO

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Finance - Asset Management

Listed On: Oct 11, 2021 at ₹ 715.0 (NSE)

₹ 14240 /20 Shares

Check Allotment

Price Summary

Last Closing

857.10 (20.38%)

52 Week High

869.80

52 Week Low

442.00

Last Update

25-Nov-2024 3:30 PM

IPO Details

29 Sep, 2021

Open Date

01 Oct, 2021

Close Date

07 Oct, 2021

Allotment Date

11 Oct, 2021

Listing Date

Issue Price

₹695-712 per equity share

Face Value

₹5 Per Equity Share

Listing at Group

BSE, NSE

Registrar

KFintech Private Limited

List Price

715.0 (NSE)

Listing Date

2021-10-11

Market Lot

20 Shares (₹14,240/-)

Lead 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) Limited

Issue Size

Offer for Sale: 38,880,000 Eq Shares of ₹5 (aggregating up to ₹2,768.26 Cr)

Retail Portion

Retail Quota : 35%

Number of Retail Applications : 6,46,380

Shareholder Quota : 5%

Subscription

5.25 times

IPO Docs

DRHP RHP

IPO Subscription Details

As on	QIB	NII	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

Total No. of Applications: 1566352 (Approx)

Retail Subscription on the basis of Applications: 2.42 times

Valuations

Earnings Per Share (EPS)

₹18.27/-

P/E Ratio

38.86

RoNW

30.87%

Net Asset Value (NAV) - As on 31.03.21

₹62.57

Company Financials All values are in ₹ Cr.

	31-Mar-21	31-Mar-20	31-Mar-19
Assets	1,984.55	1,571.95	1,498.46
Revenue	1,205.84	1,234.76	1,407.25
Profit After Tax	526.28	494.40	446.79

About The 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.

	P/B Ratio	P/E Ratio	RoNW	Net Worth
Aditya Birla Sun Life AMC	11.38	38.86	30.87%	1,205.84
HDFC Assest Management	14.32	50.90	27.76%	2,201.74
Nippon Life India Assest	8.90	38.46	21.94%	1,419.34
UTI Asset Management	4.83	30.14	15.27%	1,198.63

IPO - Ratings

TopShareBrokers.com	Apply
Capital Market	May apply
ICICI Securities	Neutral
Dilip Davda	Apply
JM Financial Institutional Securities	Neutral

- Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 86.50%

Company Promoter(s)

Aditya Birla Capital Limited (ABCL)
Sun Life (India) AMC Investments Inc.

IPO - Issue Objectives

Achieve the benefits of listing the Equity Shares on the Stock Exchanges
Carry out the Offer for Sale of up to 38,880,000 Equity Shares by the Selling Shareholders.

IPO - Anchor Investors

Aditya Birla Sun Life AMC mobilises Rs 789 crore from anchor investors ahead of IPO

Marquee investors who participated in the anchor book were HSBC, International Monetary Fund, Abu Dhabi Investment Authority, Morgan Stanley Asia, BNP Paribas, and Societe Generale.

Domestic investors, including ICICI Prudential, HDFC Mutual Fund, SBI MF, Axis MF, SBI Life Insurance Company, HDFC Life Insurance Company, ICICI Prudential Life Insurance, UTI MF, Tata AIG General Insurance, Kotak Mutual Fund, IIFL Special Opportunities Fund, Abakkus Growth Fund, Max Life Insurance, and Reliance General Insurance also invested in the Aditya Birla Capital and Sun Life AMC-promoted company, through anchor book.

IPO - FAQs

Ans. Aditya Birla Sun Life AMC Limited IPO is a Mainboard IPO. The issue is priced at ₹695-712 per equity share. The minimum order quantity is 20 Shares. The IPO opens on Sep 29, 2021, and closes on Oct 1, 2021. KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The Aditya Birla Sun Life AMC Limited IPO opens on Sep 29, 2021 and closes on Oct 1, 2021.

Ans. The size of Aditya Birla Sun Life AMC Limited IPO is Offer for Sale: 38,880,000 Eq Shares of ₹5 (aggregating up to ₹2,768.26 Cr).

Ans. The IPO price band is set between ₹695-712 per equity share.

Ans. To apply for Aditya Birla Sun Life AMC Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Aditya Birla Sun Life AMC Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Aditya Birla Sun Life AMC Limited IPO is Oct 7, 2021.

Ans. The Aditya Birla Sun Life AMC Limited IPO will be listed on Oct 11, 2021.

Ans. Follow the steps to check the allotment status for Aditya Birla Sun Life AMC Limited IPO here.