Aditya Birla Sun Life AMC 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.

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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. Read more

Check out some recent financials figures of the company:

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

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

• Enter your bid on rocket
• Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account.