Birla Sun Life AMC readies IPO

By Rashmi Kumar
16 Apr 2021

India’s Aditya Birla Sun Life Asset Management Company is gearing up for an IPO that will give its two promoter shareholders an opportunity to divest their positions in the firm.

The asset manager is a joint venture between Indian company Aditya Birla Capital, part of conglomerate Aditya Birla Group, and Sun Life (India) AMC Investments, part of Canadian financial services company Sun Life Financial.

Aditya Birla Sun Life AMC’s IPO will be a secondary only share offering. Aditya ...

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