Everything You Need to Know About Aditya Birla Sun Life IPO

Aditya Birla Sun Life AMC Ltd is a joint venture between Aditya Birla Capital Ltd and Sun Life AMC. It is the largest non-bank affiliated AMC and among the four largest AMCs in India by QAAUM. The company has assets under management (AUM) of Rs. 2.9 lakh crores as of June 30, 2021.

ABSL AMC provides a wide range of mutual funds across categories, managing 118 schemes comprising 37 equity schemes, 68 debt schemes, two liquid schemes, five ETFs, and six domestic FoFs, as of June 30, 2021. The company also offers Portfolio Management Services, Real Estate Investments, and Alternative Investment Funds and has established a diversified pan-India distribution presence covering 284 locations spread over 27 states and six union territories.

The entire public offering of ABSL AMC comprises an offer for sale of 3.8 crore equity shares from shareholders Aditya Birla Capital Ltd. and Sun Life AMC of which ABCL will be selling 28 lakh equity shares while Sun Life AMC will be selling 3.6 crore equity shares.

Financial Snapshot:

Financial Year Ended Revenue (₹ Crores) PAT (₹ Crores) EPS (₹)
March 2019 1,407.25 446.80 15.51
March 2020 1,234.77 494.40 17.17
March 2021 1,205.84 526.28 18.27
Three months ended June 2020 260.75 97.35 3.38
Three months ended June 2021 336.25 154.94 5.36

IPO Details

Issue Period 29th September 2021 to 1st October 2021
Price Range ₹ 695 - 712
Minimum Bid Quantity 20 and in multiples thereof
Finalisation of Allotment 6th September 2021
Initiation of Refunds 7th October 2021
Credit of Shares 8th October 2021
Listing Date 11th October 2021
Mandate end Date 18th October 2021

The IPO of Aditya Birla Sun Life AMC will also have reservation for shareholders of Aditya Birla Capital Ltd. Individuals and HUFs holding the shares of Aditya Birla Capital Ltd. in the demat account as of September 22, 2021 (date of the RHP filing) are eligible for applying under the shareholders category. You can check out the process for applying through the shareholders category here.

How do I apply to the Aditya Birla Sun Life AMC IPO?

You can apply for the Aditya Birla Sun Life IPO using any supported UPI app by following two steps:

  • Enter your bid on Console

  • Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.

Where do I check the allotment status for Aditya Birla Sun Life AMC IPO?

You can check the allotment status for the Aditya Birla Sunlife AMC IPO on the website of the Registrar and Transfer agent. Alternatively, you can also check the allotment status on the NSE website. The tentative date of allotment is 6th October 2021.


Aditya birla sun life Amc is already a listed company trading around rs 432.20 as on 28/9/21…


  • Then why the issue price of the Aditya birla sun life Amc OFS is rs 710 per share… And it is called as ipo…it is already listed…

  • Is IPO and FPO is also a kind of OFS???


Aditya Birla Sun Life AMC isn’t listed on the stock exchanges. Not sure which stock you are referring to.


This is Nifty Next 50 ETF from the ABSL AMC.


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