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Aditya Birla AMC IPO: Should investors subscribe?

ABSL AMC has retained the fourth position in terms of quarterly average AUM (excluding ETFs) since September 2011

September 29, 2021 / 02:03 PM IST
Aditya Birla AMC IPO: Should investors subscribe?

Aditya Birla Sun Life AMC’s initial public offering (IPO) worth Rs 2,768 crore is opening for subscription today. The issue entirely consists of an offer for sale (OFS) from the promoters -- Aditya Birla Capital and Sun Life AMC (global asset manager). Given the current euphoria in the primary market, the issue is likely to pull in a large number of investors and may even see listing gains. But the reason to consider the IPO is not just the listing...

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