Aditya Birla Sun Life AMC IPO Closed

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Date 29 Sep 2021 – 01 Oct 2021
Price range 695 – 712
Minimum order quantity 20
(D)RHP View

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Aditya Birla Sun Life AMC Ltd is a joint venture between Aditya Birla Capital Ltd and Sun Life AMC. It is the largest non-bank affiliated AMC and among the four largest AMCs in India by QAAUM. The company has assets under management (AUM) of Rs. 2.9 lakh crores as of June 30, 2021.

ABSL AMC provides a wide range of mutual funds across categories, managing 118 schemes comprising 37 equity schemes, 68 debt schemes, two liquid schemes, five ETFs, and six domestic FoFs, as of June 30, 2021. The company also offers Portfolio Management Services, Real Estate Investments, and Alternative Investment Funds and has established a diversified pan-India distribution presence covering 284 locations spread over 27 states and six union territories.

The entire public offering of ABSL AMC comprises an offer for sale of 3.8 crore equity shares from shareholders Aditya Birla Capital Ltd. and Sun Life AMC of which ABCL will be selling 28 lakh equity shares while Sun Life AMC will be selling 3.6 crore equity shares.

Financial Snapshot

Financial Year Ended Revenue (₹ Crores) PAT (₹ Crores) EPS (₹)
March 2019 1,407.25 446.80 15.51
March 2020 1,234.77 494.4 17.17
March 2021 1,205.84 526.28 18.27
Three months ended June 2020 260.75 97.35 3.38
Three months ended June 2021 336.25 154.94 5.36

IPO Schedule

Issue Period 29th September 2021 to 1st October 2021
Finalization of Allotment 6th October 2021
Initiation of Refunds 7th October 2021
Credit of Shares 8th October 2021
Date of Listing 11th October 2021
Mandate End Date 18th October 2021

How do I apply to the ABSL AMC IPO?

You can apply for the ABSL AMC IPO using any supported UPI app by following two steps:
  • Enter your bid on Console
  • Accept UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.

Where do I check the allotment status for ABSL AMC IPO?

You can check the allotment status for the ABSL AMC IPO on the website of the Registrar and Transfer agent.

Alternatively, you can also check the allotment status on the NSE website. The tentative date of allotment is 6th October 2021.

How do I apply for ABSL AMC IPO in the shareholders category?

Individuals and HUFs holding the shares of Aditya Birla Capital Ltd. in the demat account as of September 22, 2021 (date of the RHP filing) are eligible for applying under the shareholders category in Aditya Birla Sun Life AMC Ltd IPO. Click here to check how to apply in the shareholder category through Zerodha.