HDFC Asset Management (AMC) IPO Dates, Review, Price Band, Market Lot Details

IPO Initial Public Offerings
HDFC Asset Management Corporation (HDFC AMC) coming up with an IPO. The company got SEBI’s nod for the initial public offer. The company incorporated in 1999 based in Mumbai. HDFC Mutual Fund is asset management company which provides services in savings and investments. The company is JV between Housing Development Finance Corporation Limited (“HDFC”) and Standard Life Investments Limited (“SLI”). HDFC is a bigger name in finance and housing market. The company is doing well in India and the coming years will be good for the company as per the financial results.

HDFC AMC IPO Review:

  • Good for Short Term & Long Term
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HDFC AMC IPO Dates & Price Band: (Tentative)

  • IPO Open: 25-July-2018
  • IPO Close: 27-July-2018
  • IPO Size: Approx Rs.2800 Crore (Approx)
  • Face Value: Rs.5 Per Equity Share
  • Price Band: Rs. 1095 to 1100  Per Share
  • Listing on: BSE & NSE
  • Retail Portion: 35%
  • Equity: 25,457,555 Shares

HDFC Asset Management IPO Minimum Market Lot:

  • Shares: Apply for 13 Shares (Minimum Lot Size)
  • Amount: Rs.14,300

HDFC Asset Management IPO Maximum Market Lot:

  • Shares: Apply for 169 Shares (Minimum Lot Size)
  • Amount: Rs.1,85,900

HDFC Mutual Fund IPO Allotment & Listing:

  • Basis of Allotment: 01-August-2018
  • Refunds: 02-August-2018
  • Credit to demat accounts: 03-August-2018
  • Listing: 06-August-2018
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HDFC Asset Management Financial:
The company is one of the top asset management companies in India. After Reliance Nippon it is the 2nd company to list on the indices. The PAT Increased YoY and its one a good rate. Revenues also increased with good rate. HDFC a big name in India and it will surely give a good return on the listing and on longterm as well.

  Rs. in Crore
RevenueExpensePAT
2013784337319
2014903381358
20151064442416
20161494786478
20171588788550
2018 (9M)1317586496

Company Promoters:

  • Housing Development Finance Corporation Limited (“HDFC”)
  • Standard Life Investments Limited (“SLI”)

Quick Links:
DRHP Draft Prospectus
RHP Draft Prospectus

HDFC Mutual Fund IPO Registrar:
Karvy Computershare Private Limited
Phone: +91-40-23312454
Fax: +91-40-23311968
Email: [email protected]
Website: http://karisma.karvy.com

HDFC AMC IPO Lead Managers:

  • Axis Capital Limited
  • BoA Merrill Lynch
  • Citigroup Global Markets India Private Limited
  • CLSA India Private Limited
  • HDFC Bank Limited
  • ICICI Securities Limited
  • IIFL Holdings Limited
  • J.P. Morgan India Private Limited
  • JM Financial Consultants Private Limited
  • Kotak Mahindra Capital Company Limited
  • Morgan Stanley India Company Pvt Ltd
  • Nomura Financial Advisory And Securities (India) Pvt Ltd

Company Address:
HDFC Asset Management Company Limited
HDFC House, 2nd Floor, H.T. Parekh Marg
165-166, Backbay Reclamation
Churchgate, Mumbai 400 020, Maharashtra,
Phone: +91 (22) 6631 3333
Fax: +91 (22) 6658 0203
Email: [email protected]
Website: http://www.hdfcfund.com/

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    0 Responses

    1. Try to buy on opening price and exit with short time and book profit. /Not advice-able to wait for 03 month.

    2. Suppose i did not get allotment …
      and I want to buy these shares…
      Can I buy in Pre opening
      Can I buy at any price for Short term like 3 months.
      Any other suggestions of buying if did not get allotment

    OPEN DEMAT ACCOUNT