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ADITYA BIRLA SUN LIFE AMC IPO

Incorporated in 1994, Aditya Birla Sun Life AMC is set up as a joint venture between ABCL and Sun Life AMC. The company managed a total AUM of ₹2,736.43 Bn under mutual fund 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 domestic FoFs as of December 31, 2020. The company’s Monthly average assets under management (MAAUM) from institutional investors was ₹1,412.43 Bn as of December 31, 2020, which was the fourth-largest among its peers, according to CRISIL. Objects of the Issue: The net proceed from the IPO will be utilized towards the following purposes; Achieve the benefits of listing the Equity Shares on the Stock Exchanges; and Carry out the Offer for Sale of up to 38,880,000 Equity Shares by the Selling Shareholders. IPO Opening Date 2021 IPO Closing Date 2021 Issue Type Book Building Face Value 5 per share IPO Price ...