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Should I apply for the Aditya Birla Sun Life AMC IPO (ABSL AMC IPO)?ADITYA BIRLA SUN LIFE AMC IPO

ADITYA BIRLA SUN LIFE AMC IPO 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 (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 (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. 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. The company has 15 manufacturing facilities around India and one in Sweden. These facilities are state of the art and comprise specialist labs and dedicated inspection units to ensure the quality of the products. ADITYA BIRLA SUN LIFE AMC IPO OBJECTIVE · Achieve the benefits of listing the Equity Shares on the Stock Exchanges. · Carry out the Offer for Sale of up to 38,880,000 Equity Shares by the Selling Shareholders. POSITIVES · Largest Non-bank Affiliated Asset management company of India. · Well recognized and trusted brand with experienced promoters. · Rapidly growing customer base. · Well-Diversified product portfolio and innovative schemes NEGATIVES · The company is not getting any money from this IPO as it is completely OFS · There is very tough competition in this segment FINANCIAL REVIEW · Profit is increasing continuously for the last 3 years · Net Margin is above 40 that’s a very good sign · Overall Financial is attractive ADITYA BIRLA SUN LIFE AMC IPO VALATIONS Face Value = Rs 5 Earnings Per Share (EPS) = Rs 18.27 PE Ratio = 38.04 – 38.97 Return on Net Worth (RONW) = 30.87% Net Asset Value = 59.19 per share VALUATION REVIEW: · Valuation is slightly expensive ADITYA BIRLA SUN LIFE AMC IPO – SWOT ANALYSIS Strengths · Reputation: One of the major strengths of Aditya Birla Sun Life AMC is its market reputation. Being in this business for more than 20 years, the company has delivered consistent returns. This brand image creates a base for the company to scale further. · Strong distribution channel: The company has a vast distribution channel that helps it to cater to a larger demographic. · Strong investment team: The investment team behind the scene led by experienced fund managers rely on research and analysis to ensure expected returns. Weaknesses · Inconsistent growth in revenue: The revenue growth for ABSL AMC has been inconsistent at times, which can be a concern. · Heavy reliance on distributors: The operation relies heavily on distributors, which can sometimes be an issue. Opportunities · Low industry penetration: Aditya Birla Sun Life AMC operates in an underpenetrated business segment with considerable potential. Threats · Tough competition: Aditya Birla Sun Life is working in a segment where its rivals are already listed and hold a significant market share. Grey Market Premium of ADITYA BIRLA SUN LIFE AMC IPO Day by Day Grey market premium as on 26-09-2021 = Rs.45/Share Grey market premium as on 26-09-2021 = Rs.40/Share Grey market premium as on 25-09-2021 = Rs.40/Share Grey market premium as on 24-09-2021 = Rs.40/Share Grey market premium as on 23-09-2021 = Rs.40/Share Disclaimer: · IPO Grey Market Premium (GMP) mention is valid for the specific date as mentioned in the header. · We are not buying and selling IPO forms on IPO Grey Market. · Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamentals of the companies. FINAL TAKEAWAY · APPLY FOR BIG LISTING GAINS AND LONG TERM EXPERT OPINION · Updated Soon These are simple and effective steps that increase your IPO allotment chances. Check our page on how to improve IPO allotment

chances. I have a lot of other things that also need to be considered and those are something that I will cover in my next post. Happy investing! Equity2Commodity

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In this video, we discussed INSIDE BAR TRADING STRATEGY. It is one of the best Trading Strategy for Intraday and if you use this strategy with some consideration here you will get 90% accuracy. AVOID THESE INSIDE BAR PATTERN: 1) MOTHER CANDLE IS DOJI 2) INSIDE BAR PATTERN FORM AFTER 2:45 pm 3) BREAKOUT AFTER 2:45 pm 4) SIZE OF THE MOTHER CANDLE IS LARGE