What is the Allotment Date for HDFC AMC IPO?
We can check the basic allotment on or about Aug 1 2018. This ipo was fully subscribed in quotas so we think there is lower a chance to get allotment. While listing will be done on August 6 2018.
How to Check Allotment Online for HDFC AMC IPO?
HDFC Asset management IPO allotment status will be available at Karvy Computershare’s website – https://corpreg.karvy.com/ipostatus/. Add PAN Number OR Application number to get allotment status.
Basic Allotment Date: 2 August (Today)
Banking SMS Time: 2 PM
Website Update Time: 8 PM
Listing Date: 6 August
HDFC AMC IPO Basis of Allotment: 4:1 (Estimate)
Check Allotment Here : Click Here
HDFC AMC’s IPO: India’s second largest mutual fund company, has opened on 25th July, there is lot of enthusiasm about this IPO in the market as it is expected to have big profits. The IPO of HDFC AMC will be closed on 27the July. Its price band has been fixed from Rs 1095 to Rs 1100. With the minimum issue size of 13 shares we can apply for minimum budget of Rs. 14300. The company plans to raise Rs 2794 crore from this IPO. Under this issue 2.54 crore shares will be sold. The OFS will get all the money promoter companies.
HDFC AMC IPO is advised to subscribe to Mr. Asit C. Mehta, Angel Broking, Choice Broking, Motilal Oswal, Hem Securities, Canara Bank, BP Wealth and GEPL.
There is strong enthusiasm in the market about the IPO of HDFC AMC. The premium for this IPO in Gray Market is increasing steadily. HDFC AMC IPO in Gray Market Premium is getting 40% i.e. 460 rupees per share premium. The premium at the time of announcement of HDFC AMC IPO was Rs 70%.
HDFC AMC IPO is getting huge response from investors, on the last the subscription status was reached 83.05 times while QIB was 192.26, HNI is around 195.15 and retail was 6.73 Times. This is the second largest IPO after Reliance Nippon AMC. The third day was very good gets best subscription from investors.
Check More News:
HDFC AMC IPO GMP – Grey Market Premium
HDFC Asset Management (AMC) IPO Reviews & Subscription Details
HDFC AMC IPO Analysis, Expert Opinion & Brokerage Recommend
HDFC AMC IPO Reviews:
– Good for Short Term & Long Term. It is very good ipo to invest in this year of 2018. company’s assets & financial condition is very strong in stock market with good valuation..
HDFC Asset Management (AMC) IPO Details
|Subscription Dates||25 to 27 July 2018|
|Issue Price Band||INR 1095 – 1100|
|Minimum bid (lot size)||13 Shares|
|Minimum Lot Amount||Rs 14300|
|Face Value||INR 5 per share|
|IPO Size||INR 2800.33 Cr|
|Issue Type||Book Built Issue IPO|
|Listing At||BSE, NSE|
HDFC Asset Management (AMC) IPO Subscription Status
|Category||Day 1||Day 2||Day 3|
HDFC AMC IPO Lead Manager(s):
- 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
Company Contact Information:
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]
Karvy Computershare Private Limited
Karvy House, 46, Avenue 4, Street No. 1,
Banjara Hills, Hyderabad – 500 034
Andhra Pradesh, India
Email: [email protected]