A pan-India diversified distribution network.
One of the largest and fastest-growing financial products distribution platforms, as per a report by CRISIL*.
Long-standing relationship with mutual fund distributors.
High potential industry - the Indian asset management industry has grown at a CAGR of more than 20% (as per CRISIL report*).
Average Assets Under Management (AAUM) has grown at a CAGR of 32.5% to Rs 24,910 crore in the five year period from Fiscal 2016 to Fiscal 2021.
A 12% market share within the national distributor segment on AAUM basis as of Fiscal 2021 (Source: CRISIL Report).
As of May 31, 2021, the company had an Assets Under Management (AUM) of Rs 33,316 crore and was among the largest national distributors (non-bank).
Direct investments in mutual funds by existing as well as potential clients will have an adverse impact on revenue from mutual fund distribution.
Outstanding litigation against the company and its subsidiaries, which if determined adversely, could affect the business and results of operations.
Company has undertaken and may continue to undertake strategic investments and alliances, acquisitions and mergers in the future, which may be difficult to integrate and manage.
Any reduction in commission or brokerage of other financial products could have adverse effect on the business.
The company has in the past entered into related party transactions and may continue to do so in future.
Promoter and Promoter Group will continue to have a significant shareholding in the company after the IPO.
This IPO consists of an Offer for Sale by the Selling Shareholders - the company will not receive any proceeds.
Business operations in a highly regulated environment that is subject to change, and existing and new laws.
Any inability to retain Mutual Fund Distributors (MFDs) may adversely affect the business and results of operations.
Competition from existing and new market participants
* The company commissioned and paid for an industry report from CRISIL Limited specifically for the purpose of the IPO.