Aditya Birla Sun Life AMC Ltd. IPO

One of the major non bank affiliated AMC in India with extensive channels and diversified pan-India distribution presence covering 284 locations spread over 27 states and 6 union territories.

RHP
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DRHP
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Open Date

2021-09-29

Close Date

2021-10-01

IPO Details

Check out the issue details for Aditya Birla Sun Life AMC Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 712

Price Band

₹ 695 - 712

Issue Size

2768.26 Cr.

Issue Type

Book Built

Open

2021-09-29

Close

2021-10-01

Listingprice

₹ 715

ListingGain

0.42%

Listing Date

2021-10-11

CMP

₹ 496.55

Current Return

-30.26%

Company Financials

You can get the following financial statements of Aditya Birla Sun Life AMC Ltd. as of now.

Subscription Details

The details about the Aditya Birla Sun Life AMC IPO is as:

  • The issue size of the IPO is 27680.26 Cr.
  • The price band ranges from Rs 695 to Rs 712.
  • The issue is to open on 29th September 2021.
  • The shares will list on 11th October 2021.
  • The latest tentative GMP of Aditya Birla Sun Life AMC IPO is Rs 10.
  • The shares of Aditya Birla Sun Life AMC IPO is subscribed 5.25 times in total.

 

Aditya Birla Sun Life AMC Valuation

The approx valuation of Aditya Birla Sun Life AMC IPO based on its price band and RHP (prospectus) is:

Particulars Value
Upper Price Band Rs 712
Existing Shares (Qty) 28.8 Cr
Market Cap 20505 Cr
EPS (FY21) Rs 18.27
PE Ratio 38.97x
Industry PE 39.84x

 

Aditya Birla Sun Life AMC Issue Size

Aditya Birla Sun Life AMC IPO issue size is 2768.26 Cr. 

Issue Amount
Fresh Issue 0
Offer For Sale 2768.26

 

Aditya Birla Sun Life AMC IPO Market Lot

An Individual can apply for a minimum 1 lot of 20 shares and a maximum of 14 lots of 280 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 20 Rs 14,240
 Maximum 14 280 Rs 1,99,360

 

Aditya Birla Sun Life AMC IPO share offer

Aditya Birla Sun Life AMC IPO is subscribed 5.25 times in total. It is Oversubscribed as of now. The category-wise subscription is as follows:

Category % Offered Subscription
Qualified Institutional Maximum 50% 10.36 Times
Non-Institutional Minimum 15% 4.39 Times
Retail Individual Minimum 35% 3.24 Times
ABCL Shareholder Quota 19.44 Lakh shares 1.68 Times
Total   5.25 Times

 

Aditya Birla Sun Life AMC IPO Grey Market Premium

As on GMP (Tentative)
30 September 2021 Rs 20
1 October 2021 Rs 15
2 October 2021 Rs 20
3 October 2021 Rs 15
4 October 2021 Rs 10

It is purely for informational purposes and invest in an IPO after thoroughly researching on your own.

 

Allotment Details

Once you have subscribed to an IPO, you have to wait for its allotment to your account. Find below the dates of allotment of Aditya Birla Sun Life AMC IPO:

Schedule Date
Basis of Allotment 6 October 2021
Refunds 7 October 2021
Credit to Demat Account 8 October 2021
IPO Listing Date 11 October 2021

 

When the allotment is out, you can check it from the registrar's website. Find the Aditya Birla Sun Life AMC IPO allotment status here.

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Other Income 6.47 0.93 137.32 115.56 126.35
Interest 0.1 5.46 5.53 4.86 3.88
Exceptional Items 0 0 0 0 0
Profit Before Tax 648.01 652.19 685.43 882.28 788.41
Tax 199.14 166.28 169.59 221.92 197.48
Adjusted EPS (Rs.) 1.56 1.69 1.79 2.29 2.05

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 18 18 18 144 144
Total Reserves 1245.17 1328.08 1705.18 2056.61 2364.95
Borrowings 0 0 0 0 0
Other N/C liabilities 7.95 74.93 50.19 59.03 69.54
Current liabilities 197.36 173.36 224.08 174.66 198.14
Total Liabilities 1468.48 1594.37 1997.45 2434.31 2776.64
Assets
Net Block 29.85 84.05 75.97 70.89 68.73
Capital WIP 1.18 0.16 0.08 1.53 1.05
Intangible WIP 1.11 0.83 1.01 1.39 1.03
Investments 1212.32 1332.38 1795.27 2190 2428.19
Other N/C Assets 126.14 60.11 18.74 13.21 55.08
Current Assets 81.47 115.75 88.75 116.11 178.37
Total Assets 1468.48 1594.37 1997.45 2434.31 2776.64
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Other Income 48.89 31.9 77.45 55.35 79.1
Interest Expended 0.93 0.82 0.78 1.67 1.43
Operating Expenses 126.93 134.99 137.67 138.81 142.26
Total Provisions 0 0 0 0 0
Profit Before Tax 221.4 179.81 238.3 235.16 262.71
Tax 56.4 45.39 55.73 58.7 54.17
Net Profit 165 134.42 182.57 176.46 208.54
Adjusted EPS (RS) 5.73 4.67 6.34 6.13 7.24

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 86.47 0
Sep 2023 86.48 0
Jun 2023 86.49 0
Mar 2023 86.5 0
Dec 2022 86.51 0
* Figures given above are % of equity capital
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