Aditya Birla AMC IPO description – The company is the largest non-bank affiliated Asset Management Company (AMC) in India by quarterly average assets under management (QAAUM) since 31 March 2018, and is among the four largest AMCs in India by QAAUM since 30 September 2011. The company managed total AUM of INR2,736.43 billion under its suite of mutual fund (excluding its domestic FoFs), portfolio management services, offshore and real estate offerings, as of 31 December 2020.
Aditya Birla AMC’s distribution network covers 284 locations in 27 states and six union territories. The network comprises 64,500 local KYD-compliant distributors, over 240 national distributors and over 100 banks, as of 31 December 2020. The company managed 135 schemes comprising 35 equity schemes (including, among others, diversified, tax saving, hybrid and sector schemes), 93 debt schemes (including, among others, ultra short-duration, short-duration and fixed-maturity schemes), two liquid schemes and five ETFs, as of 31 December 2020. In addition, it provides portfolio management services, offshore and real estate offerings and managed total AUM of INR116.71 billion as part of such services, as of 31 December 2020.
Promoters of Aditya Birla AMC – Aditya Birla Capital Limited and Sun Life (India) AMC Investments Inc
Aditya Birla AMC IPO offer details
| Subscription Dates | 29 September – 1 October 2021 |
| Price Band | INR695 – 712 per share |
| Fresh issue | Nil |
| Offer For Sale | 38,880,000 shares (INR2,702.16 – 2,768.26 crore) |
| Total IPO size | 38,880,000 shares (INR2,702.16 – 2,768.26 crore) |
| Minimum bid (lot size) | 20 shares |
| Face Value | INR5 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Aditya Birla AMC’s Financial Performance (in INR crore)
| Â | FY2018 | FY2019 | FY2020 | FY2021 | Q1 FY2022 |
| Revenue | 1,323.7 | 1,407.2 | 1,234.8 | 1,205.8 | 336.2 |
| Expenses | 802.2 | 761.5 | 574.0 | 510.0 | 130.4 |
| Net income | 349.1 | 447.9 | 494.2 | 527.7 | 156.4 |
| Margin (%) | 26.4 | 31.8 | 40.0 | 42.4 | 46.5 |
More about Aditya Birla AMC Offer
Valuation of Aditya Birla AMC (as of FY2021)
Earnings Per Share (EPS): INR18.27
Price/Earnings (PE ratio): 38.04 – 38.97
Return on Net Worth (RONW): 30.87%
Net Asset Value (NAV): INR59.19 per share
Aditya Birla AMC IPO GMP Daily Trend
| Date | Aditya Birla AMC IPO GMP | Kostak | Subject to Sauda |
| 9 October 2021 | INR20 | – | – |
| 8 October 2021 | INR20 | – | – |
| 7 October 2021 | INR20 | – | – |
| 6 October 2021 | INR30 | – | – |
| 5 October 2021 | INR10 | – | – |
| 4 October 2021 | INR10 | – | – |
| 1 October 2021 | INR20 | INR200 | – |
| 30 September 2021 | INR30 | INR200 | – |
| 29 September 2021 | INR45 | INR250 | INR800 |
| 28 September 2021 | INR50 | INR300 | INR1,000 |
| 27 September 2021 | INR60 | INR350 | INR1,100 |
| 25 September 2021 | INR80 | INR400 | INR1,200 |
| 24 September 2021 | INR50 | INR400 | – |
| 23 September 2021 | INR40 | INR400 | – |
Aditya Birla AMC IPO Subscription Details (no. of times, at 5 PM)
| Category | Shares Offered | Day 1 | Day 2 | Day 3 |
| QIB | 73,87,200 | 0.00 | 0.06 | 10.36 |
| NII | 55,40,400 | 0.14 | 0.40 | 4.39 |
| Retail | 1,29,27,600 | 1.09 | 2.00 | 3.22 |
| Shareholders | 19,44,000 | 0.57 | 0.67 | 1.52 |
| Total | 2,77,99,200 | 0.58 | 1.07 | 5.23 |
Aditya Birla AMC Offer Reviews – Subscribe or Avoid?
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Registrar of Aditya Birla Sunlife AMC IPO
KFin Technologies Private LimitedÂ
Selenium Tower B, Plot 31-32, Gachibowli, Nanakramguda, Hyderabad – 500 032, Telangana
Phone:Â +91 40 6716 2222Â
Fax:Â +91 40 2343 1551
Email:Â [email protected]
Website:Â www.kfintech.com
Aditya Birla Sunlife AMC Contact Details
Aditya Birla Sunlife AMC Limited
One World Center, Tower-1, 17th Floor, Jupiter Mills Compound, 841, S. B. Marg, Elphinstone Road, Mumbai, 400013
Phone:Â +91 22 4356 8008
Email:Â [email protected]
Website:Â www.mutualfund.adityabirlacapital.com
Aditya Birla AMC IPO Allotment Status
Aditya Birla AMC IPO allotment is now available on KFin Technologies’ website. Click on this link to get allotment status.
Meanwhile, bank debits have started and investors can also check allotment status on this BSE link.
Listing Performance of Aditya Birla Sunlife AMC
IPO Opening Date: 29 September 2021
IPO Closing Date: 1 October 2021
Finalisation of Basis of Allotment: 6 October 2021
Initiation of refunds: 7 October 2021
Transfer of shares to demat accounts: 8 October 2021
Listing Date: 11 October 2021
Opening Price on NSE: INR715 per share (up 0.42% from IPO price)
Closing Price on NSE: INR698 per share (down 1.97% from IPO price)
Aditya Birla AMC IPO FAQs
How many shares HNIs and retail investors are entitled to in Aditya Birla Sunlife AMC IPO?
The investors’ portion for QIB-50%, NII-15%, and Retail-35%.
How to apply in Aditya Birla AMC Public Offer?
The best way to apply in Aditya Birla Sunlife AMC IPO is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Aditya Birla AMC Offer Size?
Aditya Birla Sunlife AMC offer size is INR2,768.3 crores at the upper price band.
What is Aditya Birla AMC IPO Price Band?
Aditya Birla AMC IPO Price Band is INR695 – 712 per share.
What is the lot size of Aditya Birla AMC IPO?
Aditya Birla AMC IPO lot size and the minimum order is 20 shares.
What is Aditya Birla AMC IPO Allotment Date?
Aditya Birla AMC IPO allotment date is 6 October 2021. The allotted shares will be credited to demat account by 8 October 2021.
