IPO Issue Details
Issue Price / Price Band₹712 per share (Fixed Price)
Face Value₹5 Per Share
Lot Size20 Shares per Lot
Total Issue Size3,88,80,000 shares (aggregating up to ₹2,768.26 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryOffer For Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenWed, 29 Sep 2021
Subscription CloseFri, 01 Oct 2021
Anchor AllotmentTue, 28 Sep 2021
Basis of AllotmentWed, 06 Oct 2021
Initiation of RefundsThu, 07 Oct 2021
Credit of Shares to DematFri, 08 Oct 2021
Listing DateMon, 11 Oct 2021
UPI Mandate Deadline2021-10-01
Application & Investment Details
Retail — Min (1 Lots)₹14,240 — 20 shares
Retail — Max (13 Lots)₹185,120 (13 Lots)
HNI — Min (15 Lots)₹2,13,600 — 300 shares
Pre-IPO Promoter Holding55,40,400 shares
Post-IPO Promoter Holding28,80,00,000 shares
About Aditya Birla Sun Life AMC Ltd.
Incorporated in 1994, Aditya Birla Sun Life AMC is set up as a joint venture between ABCL and Sun Life AMC. The company managed a total AUM of ₹2,736.43 Bn under mutual fund (excluding domestic FoFs), portfolio management services, offshore and real estate offerings, as of December 31, 2020. The company managed 135 schemes comprising 35 equity, 93 debt, 2 liquid schemes, 5 ETFs, and 6 domestics FoFs as of December 31, 2020. The company’s Monthly average assets under management (MAAUM) from institutional investors was ₹1,412.43 Bn as of December 31, 2020, which was the fourth-largest among its peers, according to CRISIL.The company has automated and digitized several aspects of its operations including in relation to customer onboarding, online payments and other transactions, fund management, dealing, accounting, customer service, data analytics, and other functions.Competitive strengthsLargest Non-bank Affiliated Asset management company of India.Well recognized and trusted brand with experienced promoters.Rapidly growing customer base.Well-Diversified product portfolio and innovative schemes
Objects of the Issue
Aditya Birla Sun Life AMC Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Achieve the benefits of listing the Equity Shares on the Stock Exchanges
2
2 Carry out the Offer for Sale of 38,880,000Equity Shares by the Selling Shareholders
Shareholding & Lock-in
Pre-IPO Promoter Holding
55,40,400 shares
Post-IPO Promoter Holding
28,80,00,000 shares
Lock-in Period (30%)November 5, 2021
Lock-in Period (50%)January 4, 2022