Aditya Birla Sun Life AMC Ltd. IPO
Aditya Birla Sun Life AMC Ltd.
IPO Listing Details
Listed On
BSE & NSE
Listed On
Issue Price
₹712
Issue Price
Listing Price
₹712
Listing Price
Listing Gains
+₹0.00 (+0.00%)
Listing Gains
IPO Details
Bidding Dates
29 Sep - 01 Oct '21
Bidding Dates
Min. Investment
₹13,900
Min. Investment
Lot Size
20.00
Lot Size
Price Range
₹695 - ₹712
Price Range
Issue Size
2,702 Cr
Issue Size
Subscription Rate
- Retail Individual Investor3.24x
- Non-Institutional Investor4.39x
- Qualified Institutional Buyers10.36x
- Employees
About Company
One of the big buzzes in the market is regarding the Aditya Birla Sun Life IPO. One of the largest and most well known names among non-banking financial institutions, the Aditya Birla Sun Life Mutual Fund IPO is expected to offer for Sale of up to 38,880,000 equity shares. This joint venture between Aditya Birla Capital Ltd and Sun Life AMC was established in 1994. As of 30 Dec 2020, the company was running 135 MF schemes with assets under management (AUM) of around ₹2.73 Lakh Crores, keeping it in the top 5 of the largest institutions in terms of average monthly AUM market share. The company reported revenues of almost ₹1,2334 Crores in the last FY with a profit after taxes of ₹494 Crores.
Aditya Birla Sun Life AMC Ltd. IPO Latest News and Subscription Status Today (Live)
The Aditya Birla AMC IPO date is yet to be announced, however this Aditya Birla new IPO has been causing quite the stir since it was announced. At present it is expected to be launched before the end of the year, but this is speculative.
Why should you invest in Aditya Birla Sun Life AMC Ltd. IPO?
People are eagerly awaiting the launch of Aditya Birla Sun Life IPO due to the immensely popular brand name and the massive amounts of AUM which are managed by ABSL AMC. with a proven track record of almost 3 decades, all signs point towards it being a safe and rewarding stock to own for the long haul.
Aditya Birla Sun Life AMC Ltd. IPO - SWOT Analysis
Strengths:
It is the largest non-bank Affiliated Asset management company of India, and is a widely recognized and trusted brand. They maintain a well diversified portfolio and are consistently adding to its customer base.
Weaknesses:
The earnings are almost entirely dependent on MF schemes’ AUM. The mechanism to offset any losses due to market downswing may appear weak as compared to banking institutions.
Opportunities:
Opportunity to consolidate its position as the largest non-banking AMC and to utilize the proceeds in business operations.
Threats:
As with any AMC house, Aditya Birla Mutual Fund IPO will face the usual threats of equity market volatility and SEBI regulatory changes or economic conditions leading to unfavorable interest rates in the debt market.
How to apply for Aditya Birla Sun Life AMC Ltd. IPO?
You can apply for the Aditya Birla Sun Life AMC Ltd. IPO in these ways:
UPI
Link your personal bank A/C to a trusted UPI ID and map it with your TradeSmart account. Now, proceed further to book your IPO. On acceptance of the mandate, the bid amount will get blocked in your bank account Learn more.
Demat Account
1. If you are an Existing TradeSmart demat account holder and wish to apply for an Aditya Birla Sun Life AMC Ltd. click here.
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