Aditya Birla Sun Life AMC Ltd IPO 

₹2,768.26 Cr Aditya Birla Sun Life AMC Ltd's IPO opens from Septermber 29, 2021, at price band of ₹695 to ₹712 per equity share

Aditya Birla Sun Life AMC Ltd IPO's market lot size is of 20 shares. A retail-individual investor can apply for up to 14 lots (total 280 shares at ₹199,360).

Issue closes on 1st October, 2021.

Aditya Birla Sun Life IPO Details

AB Sun Life AMC IPO Calendar

The company incorporated in 1994, Aditya Birla Sun Life AMC is set up as a joint venture between Aditya Birla Capital Ltd and Sun Life AMC. 

The company manages a total AUM of ₹2,736.43 Billion under mutual fund (excluding domestic FoFs), portfolio management services, offshore and real estate offerings, as of December 31, 2020. The company managed 135 schemes comprising 35 equity, 93 debt, 2 liquid schemes, 5 ETFs, and 6 domestics FoFs as of December 31, 2020. The company’s Monthly average assets under management (MA-AUM) from institutional investors was ₹1,412.43 Billion as of December 31, 2020, which was the fourth-largest among its peers, according to CRISIL.

The company has automated and digitized several aspects of its operations including in relation to customer onboarding, online payments and other transactions, fund management, dealing, accounting, customer service, data analytics, and other functions.