Aditya Birla Sun Life AMC Ltd IPO
(i) They are ranked as the largest non-bank affiliated AMC in India by QAAUM since March 31, 2018, and among the four largest AMCs in India by QAAUM since September 30, 2011, according to the CRISIL Report. They managed total AUM of ₹2,936.42 billion mutual fund (excluding our domestic FoFs), portfolio management services, offshore and real estate offerings, as of June 30, 2021. It has achieved this leadership position through its focus on consistent investment performance, extensive distribution network, brand, experienced management team and superior customer service.
(ii) The distribution network is extensive and multi-channeled with a significant physical as well as digital presence, and included over 66,000 KYD-compliant MFDs, over 240 national distributors and over 100 banks/financial intermediaries, as of June 30, 2021.
(iii) They manage 118 schemes comprising 37 equity schemes (including, among others, diversified, tax saving, hybrid and sector schemes), 68 debt schemes (including, among others, ultra short-duration, short-duration and fixed-maturity schemes), two liquid schemes, five ETFs and six domestic FoFs, as of June 30, 2021.
(iv) Aditya Birla total QAAUM (excluding our domestic FoFs) has grown over the years and was ₹2,75, 545 Crores , ₹2,69,278 Crores, ₹2,47, 500 Crores and ₹2,46,480 Crores as of June 30, 2021 and March 31, 2021, 2020 and 2019, respectively. Apart from that they have also managed PMS fund Rs. 11500 Crores.
Objects of the Aditya Birla Sun Life AMC Ltd IPO:
Aditya Birla Sun Life AMC Ltd IPO Details:
|Open Date:||Sep 29 2021|
|Close Date:||Oct 01 2021|
|Face Value:||₹ 5 Per Equity Share|
|Issue Type:||Book Built Issue|
|Issue Size:||2,768.26 Cr.|
|Lot Size:||20 Shares|
|Issue Price:||₹ 695 - 712 Per Equity Share|
|Listing Date:||Oct 11 2021|
Promoters And Management:
Financials of Aditya Birla Sun Life AMC Ltd IPO:
|Fee and Commission Income||1205||1234||1407|
Comparison With Peers:
|Name of the Company||AUM||Revenue||Revenue/AUM||P/E||Mcap||AUM/Mcap|
Recommendation on Aditya Birla Sun Life AMC Ltd IPO:
Lead Manager of Aditya Birla Sun Life AMC Ltd IPO:
- Axis Capital Limited
- BofA Securities India Limited
- Citigroup Global Markets India Private Limited
- HDFC Bank Limited
- ICICI Securities Limited
- IIFL Holdings Limited
- JM Financial Consultants Private Limited
- Kotak Mahindra Capital Company Limited
- Motilal Oswal Investments Advisors Private Limited
- SBI Capital Markets Limited
- Yes Securities (India) Limited