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
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.