NEW DELHI: HDFC AMC to influence securities exchange to make a big appearance on Monday, HDFC Asset Management Company, which as of late finished up its open offer, will influence its securities exchange to make a big appearance on Monday.
HDFC AMC’s Rs 2,800-crore beginning open offer was open amid July 25-27. Value band for the offer was settled at Rs 1,095-1,100 for every offer.
The IPO was of 25,457,555 offers, including stay bit of 6,653,265 offers.
HDFC AMC works as a joint wander between Housing Development Finance CorporationNSE 2.36 % (HDFC) and Standard Life Investments.
HDFC AMC has add up to resources under administration of over Rs 3 lakh crore as of March-end.
It is the second resource administration organization to hit the market after Reliance Nippon Life AMC, which had raised Rs 1,542 crore a year ago.