Insights

Why should you go for Aditya Birla Sun Life AMC Ltd IPO?

September 28, 2021 . Manas muraleedharan

Everyone is aware of the largest non-banking affiliate AMC in our country – Aditya Birla Sun Life AMC Ltd. Its IPO is opening on September 29, 2021

Let us all look into few points that help us answer the question ‘Why should you invest in Aditya Birla Sun Life AMC’.

  • Aditya Birla Sun Life AMC is a joint venture between Aditya Birla Capital Ltd and Sun life(India) AMC Investments Inc.
  • The largest non-banking affiliated AMC in our country.
  • The fourth-largest mutual fund house in our country.
  • Activities spread across multiple business sectors such as portfolio management services, real estate investments, and alternative investment funds. 
  • International presence – Branches in places such as Dubai, Singapore, and Mauritius.
  • Recipient of accolades and awards such as Best Fund House (Debt) in various years, Asset Management House (2014), Best Fund House (2018), etc.

Competitive Advantages:

  • Well-recognized and trusted brand with experienced promoters
  • A well-diversified product portfolio and new innovation schemes
  • Rapidly growing customer base.

Company Financials:


Particulars

For the year ended 31-Mar-21

For the year ended 31-Mar-20

For the year ended 31-Mar-19

Total Assets

19,845

15,719

14,984

Total Revenue

12,058

12,347

14,072

Profit after Tax

5,262

4,944

4,467

IPO Details


IPO Date

Sept 29, 2021 – Oct 01, 2021

Issue Type

Book Built Issue IPO

Issue Size

Equity Shares of ₹5 (aggregating up to ₹2,768.26 Cr)

Fresh Issue

Equity Shares of ₹10 (aggregating up to ₹60.00 Cr)

Offer for Sale

38,880,000 Equity Shares of ₹5

Face Value

₹5 per equity share

IPO Price

₹695 to ₹712 per equity share

Market Lot

20 Shares

Minimum Order Quantity

20 Shares

Listing At

BSE, NSE

Application

Lots

Shares

Amount (Cut-off)

Minimum

1

20

₹ 14,240

Maximum

14

280

₹ 1,99,360

So why are you waiting?

Invest in one of the largest AMC giants in India and upgrade your portfolio.

To know how to buy an IPO, click here.

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