This Article is From Mar 15, 2018

HDFC Asset Management Company Goes Public, Offers 25.5 Million Shares

The company had given the nod for initiating its IPO process in November last year.

HDFC Asset Management Company Goes Public, Offers 25.5 Million Shares

The IPO comprises of an offer of 8.6 million shares by its parent HDFC Ltd.

India's HDFC Asset Management Company Ltd filed for an initial public offering (IPO) of 25.5 million shares on Wednesday, according to a regulatory filing.

The IPO comprises of an offer of 8.6 million shares by its parent Housing Development Finance Corp Ltd and 16.9 million shares by Standard Life Investments Ltd. 

The company had given the nod for initiating its IPO process in November last year. 
 
© Thomson Reuters 2018


(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)