InvestorQ : Is it true that the Birla AMC IPO has been put off?
sara Kunju made post

Is it true that the Birla AMC IPO has been put off?

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Mary Joseph answered.
2 months ago
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Let me clarify that the issue has not been put off. It is just that SEBI has kept the proposed IPO of Aditya Birla Sun Life AMC in abeyance. While final approval is awaited, there is no reason that SEBI has given for the same.

The IPO was supposed to be an offer for sale in which Aditya Birla Capital would offer 28.51 lakh shares while Sun Life AMC would offer 3.6 crore shares in the OFS. It will be the fourth AMC to list after Nippon, HDFC AMC and UTI.

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