Friday, June 29, 2018

IPO News : HDFC AMC gets Sebi's nod

 Image result for hdfc amc

HDFC Asset Management Company has received Sebi's clearance to float an initial public offer.

The offer comprises a net offer to public of up to 2.21 crore equity shares, a reservation of up to 3.20 lakh shares for purchase by eligible HDFC AMC employees. 

The IPO is being lead managed by Nomura Financial Advisory and Securities, Kotak Mahindra Capital, Axis Capital, BofA Merrill Lynch, Citigroup Global Markets India, CLSA India, HDFC Bank, ICICI Securities, IIFL Holdings, JM Financial, JP Morgan India, Morgan Stanley India. 

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