Aditya Birla Capital has received approval for the initial public offering by way of an offer for sale (IPO) of Aditya Birla Sun Life AMC (ABSLAMC), a material subsidiary of the Company, and has also approved sale of up to 28,50,880 equity shares of face value of Rs 5 each held by the Company in ABSLAMC out of the paid-up share capital of 28,80,00,000 equity shares of face value of Rs 5 each of ABSLAMC in the IPO.
Aditya Birla Capital is one of the largest financial services players in India.
| Company Name | CMP |
|---|---|
| Bajaj Finance | 889.15 |
| Shriram Finance | 923.25 |
| Aditya Birla Capital | 357.55 |
| Chola Invest & Fin. | 1503.55 |
| Tata Capital | 314.65 |
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