Aditya Birla Sun Life AMC Limited

IPO Size

`2768.26 Cr

Price Band

`695-712 Per Share

Minimum Lot Size

1 lot of 20 Share

Face Value

`5 Per Share

Employee Discount

NA

Retail Allocation

NA

Issue Open Date

29 Sept 2021

Issue Close Date

1 Oct 2021

Listing Date

11 Oct, 21

About the Company:

Incorporated in the year 1994, Aditya Birla Sun life AMC is a joint venture corporation between ABCL and Sun Life AMC. This is an asset management company with assets under management worth Rs 2,736.43 billion. As of 31st December 2020, Company manages assets under the head of Mutual Funds, Portfolio management services, offshore and real estate offerings.

 As per the records, till 31st December 2020, Company manages 135 schemes comprising 35 equity, 93 debt, 2 liquid schemes, 5 ETFs, and 6 domestics FoFs.As per the reports of CRISIL, Cpmant is the fourth largest among the peers to manage average monthly assets worth RS1,412.43 billion from institutional investors.

 

Financial Statements:

Income Statement in Millions FY21 FY20 FY19
Gross Operating income 11927 12368 13845
Cost of employee and inventory 2407 2420 2775
other expenses 2278 2928 4942
EBITDA 7242 7019 6610
Depreciation 374 365 324.03
Interest 57 56  
Profit before tax and exceptional items 6959 6697 6457
Exceptional Items  - -  
Profit before tax  6959 6697 6457
TAX 1696 1663 1989
Profit After tax 5263 4944 4488

Promoter of the Company

Aditya Birla Capital Limited (ABCL) and Sun Life (India) AMC Investments Inc

Peer Comparison

Shriram asset management company, HDFC asset management company limited, UTI asset management company LTD, NIPPON LIFE INDIA Asset Management Company LTD

Objectives of the Issue

Offer for Sale

38,880,000 Eq Shares of Rs5 each

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