Anil Ambani-led Reliance Group's asset management arm today kicked off an overseas roadshow for its estimated Rs 2,000 crore IPO, which may garner Rs 600 crore from anchor investors, merchant bankers said.
It would be the first initial share sale by a major asset management company (AMC) in India though smaller rival UTI Mutual Fund 's IPO plans have been in the works for a long time.
It will also be the first initial public offer (IPO) from the Reliance Group after Reliance Power in 2008.
