Exchanges
BSE, NSE
Industry
Asset Management Company
Issue
Book building

HDFC Asset Management Co. IPO

₹1,815.95

+65.09% on listing

Listing-day close · NSE · 6 Aug 2018 · issue price ₹1,100

HDFC Asset Management Co.’s ₹2,800 crore IPO was priced at ₹1,100 a share. It listed on the NSE on 6 Aug 2018 and closed its first day at ₹1,815.95, up 65.09% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹2,800 Cr
Fresh issue
—
Offer for sale
₹2,800 Cr
Lot size
13 shares
Minimum investment
₹14,300
Face value
₹5
Registrar
Kfin Technologies

Subscription

HDFC Asset Management Co. IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—61.39×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹23,319 Cr
Promoter holding
94.95% → 82.95%

From the offer documents.

Listing

Listing date
6 Aug 2018
Issue price
₹1,100
Open
₹1,726.25
High
₹1,844.00
Low
₹1,726.25
Close
₹1,815.95

Listing day on the NSE. The close was +65.09% on the issue price.

HDFCAMC share price today

FAQs

When did the HDFC Asset Management Co. IPO open and close?

It opened on 25 Jul 2018 and closed on 27 Jul 2018.

What was the HDFC Asset Management Co. IPO price?

The price band was ₹1,095–1,100 a share. The final issue price was ₹1,100.

What is the lot size and minimum investment?

One lot is 13 shares, ₹14,300 at ₹1,100 a share. Retail investors apply in whole lots.

How much did HDFC Asset Management Co. raise?

₹2,800 crore: ₹2,800 crore offered by existing shareholders.

How many times was the HDFC Asset Management Co. IPO subscribed?

61.39 times overall.

How did HDFC Asset Management Co. list?

It listed on the NSE on 6 Aug 2018 at ₹1,726.25 and closed the day at ₹1,815.95, up 65.09% on the ₹1,100 issue price.

Who is the registrar of the HDFC Asset Management Co. IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

Full disclaimer

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