Home>IPO>Aditya Birla Sun Life AMC Ltd.

ABSL AMC IPO

Aditya Birla Sun Life AMC Ltd.

IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
NANANATo be announced
Issue SizeIPO Doc
NA
DRHP PDFopen_in_new

About Company

Aditya Birla Sun Life Asset Management Company (ABSL AMC) was established in 1994. It is a joint venture between Aditya Birla Capital Ltd. and Sun Life AMC. The company has a presence in 284 locations spread across 27 states and 6 union territories. The distribution network for its mutual fund plans is available through multiple channels: both physical distribution points and digital channels as well. The company's total AUM as of December 31, 2020, was Rs 2.73 lakh crores. This includes mutual funds (excluding domestic fund of funds), portfolio management services (PMS), offshore and real estate offerings.
... Read More
Founded
1994
Managing Director
A Balasubramanian

Strengths & Risks

  • add
    As of December 31, 2020, the company had a network of over 64,500 local mutual fund distributors, over 240 national distributors and over 100 banks.
  • add
    As of December 31, 2020, ABSL AMC had 135 schemes. This includes 35 equity mutual funds, 93 debt funds (including 75 fixed-maturity schemes), 2 liquid schemes and 5 ETFs.
  • add
    Customers include individuals and institutions.
  • add
    Automated and digitized operations for customer application process, online transactions, fund management, customer service, video facility for KYC process among others.
  • add
    As of December 31, 2020, ABSL AMC was the fourth-largest player in terms of market share in individual monthly average AUM.
  • add
    ABSL AMC offers a range of systematic transaction options like SIPS, STPs and SWPs.
  • remove
    Company's revenue is dependent on the AUM of the mutual fund schemes.
  • remove
    Volatility in stock markets could cause investors to reduce their investments in such funds and eventually reduce the company's AUM.
  • remove
    Unfavourable interest rates, defaults and credit risk to the debt portfolio of funds may expose funds to losses
  • remove
    Unfavourable investment opportunities and economic conditions will hamper AUM growth
  • remove
    Heavy dependence on financial literacy of investors
  • remove
    Dependent on third-party distribution channels for distribution of mutual funds
  • remove
    Subject to extensive regulation, including periodic inspections by SEBI
  • remove
    Mutual fund business in India depends a lot on a favourable tax regime.
  • remove
    Employee fraud or misconduct could harm reputation
  • remove
    Does not own branch offices, registered office and corporate office. Failure to renew the lease could affect operations
  • remove
    Ability to pay dividends depends on future earnings

Financials

*All values are in Rs. Cr
No Graph Data To Display

Top IPO FAQs

What is the Aditya Birla Sun Life AMC Ltd. IPO?

keyboard_arrow_down
The Aditya Birla Sun Life AMC IPO issue consists of 3.8 crore shares. It is entrely an offer for sale of up to 28.5 lakh shares being sold by ABCL and up to 3.6 crore shares by Sun Life AMC.

What are the open and close dates of the Aditya Birla Sun Life AMC Ltd. IPO?

keyboard_arrow_down
Not finalised yet

What is the lot size and minimum order quantity of the Aditya Birla Sun Life AMC Ltd. IPO?

keyboard_arrow_down
Not finalised yet

What are the allotment dates for the Aditya Birla Sun Life AMC Ltd. IPO?

keyboard_arrow_down
Not finalised yet

Who is the registrar of Aditya Birla Sun Life AMC Ltd. IPO?

keyboard_arrow_down
Kfin Technologies Private Limited

Where is the Aditya Birla Sun Life AMC Ltd. IPO getting listed?

keyboard_arrow_down
The shares are proposed to be listed on the BSE and NSE.
ⓒ 2016-2021 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 1.9.0
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES: ICICI PRUDENTIAL  | HDFC  | NIPPON INDIA  | ADITYA BIRLA SUN LIFE  | SBI  | UTI  | FRANKLIN TEMPLETON  | KOTAK MAHINDRA  | IDFC  | DSP  | AXIS  | TATA  | L&T  | SUNDARAM  | PGIM  | INVESCO  | LIC  | JM FINANCIAL  | BARODA PIONEER  | CANARA ROBECO  | HSBC  | IDBI  | INDIABULLS  | MOTILAL OSWAL  | BNP PARIBAS  | MIRAE ASSET  | PRINCIPAL  | BOI AXA  | UNION KBC  | TAURUS  | EDELWEISS  | NAVI  | MAHINDRA  | QUANTUM  | PPFAS  | IIFL  | Quant  | SHRIRAM  | SAHARA | ITI
ABOUT GROWW
keyboard_arrow_down
arrow_drop_down_circle