HDFC Asset Management Company Ltd (HDFC AMC) 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.
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The company had given the nod for initiating its IPO process in November last year.
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