HDFC AMC IPO

HDFC AMC IPOBusiness description -HDFC AMC has been the most profitable asset management company in India in terms of net profits since Fiscal 2013, with a total AUM of INR2,932.54 billion as of 31 December 2017. Its profits have grown every year since the first full year of operations in Fiscal 2002. It has been the largest asset management company in India in terms of equity-oriented AUM since the last quarter of Fiscal 2011 and have consistently been among the top two asset management companies in India in terms of total average AUM since the month of August 2008.

As of 31 December 2017, its equity-oriented AUM and non-equity-oriented AUM constituted INR1,552.82 billion and INR1,379.72 billion, respectively, of its total AUM. Its actively managed equity-oriented AUM (which excludes index linked and arbitrage schemes) constituted INR1,495.62 billion of its total AUM as of 31 December 2017. Its AUM has grown at a compounded annual growth rate (“CAGR”) of 27.1% between 31 March 2013 and 31 December 2017.

Promoters of HDFC AMC - Housing Development Finance Corporation Limited and Standard Life Investments Limited
HDFC AMC IPO details
Subscription Dates 25 - 27 July 2018
Price Band INR1,095 - 1,100 per share
Fresh issue Nil
Offer For Sale 25,457,555 shares (INR2,787.60 - 2,800.33 crore)
Total IPO size 25,457,555 shares (INR2,787.60 - 2,800.33 crore)
Minimum bid (lot size) 13 shares
Face Value  INR5 per share
Retail Allocation 35%
Listing On NSE, BSE
HDFC AMC's financial performance (in INR crore)
FY2013 FY2014 FY2015 FY2016 FY2017 FY2018
Total revenues 784.0 903.1 1,064.3 1,494.3 1,587.9 1,867.2
Total expenses 337.2 380.7 441.7 786.1 788.1 804.7
Profit after tax 318.7 357.8 415.5 477.9 550.2 721.6
Net margin (%) 40.7 39.6 39.0 32.0 34.6 38.6
HDFC AMC Contact Details

HDFC Asset Management Company Limited 
HDFC House, 2nd Floor, H.T. Parekh Marg
165-166, Backbay Reclamation, Churchgate
Mumbai 400 020

Phone: +91 22 6631 3333
Fax: 
+91 22 6658 0203
Email:
[email protected]
Website: www.hdfcfund.com

Registrar of HDFC AMC IPO

Karvy Computershare Private Limited
Karvy Selenium Tower B, Plot 31-32,
Gachibowli, Nanakramguda,
Hyderabad – 500 032, Telangana

Phone: +91 40 6716 2222 
Fax:
 +91 40 2343 1551 
Email:
 [email protected]
Website: www.karvycomputershare.com

Valuation of HDFC AMC (Based on latest FY)

Earnings Per Share (EPS): INR34.96

Price/Earnings (P/E) ratio: 31.32 - 31.46

Return on Net Worth (RONW): 33.41%

Net Asset Value (NAV): INR102.58 per share

HDFC AMC IPO Subscription Details
Category Shares offered Subscription (no. of times, at 7 pm) 
Day 1 Day 2 Day 3
QIB 4,435,511 1.18 5.87 192.25
NII 3,326,634 0.54 13.89 195.15
Retail 7,762,145 1.34 3.48  6.61
Employee 880,000 0.53 1.01 1.51
HDFC shareholder 2,400,000 0.59 1.40 2.64
Total 18,804,290  1.02 5.51 83.01
HDFC AMC IPO Allotment Status

HDFC AMC IPO allotment status is now available on Karvy Computershare’s website. Click on this link to get allotment status.

Listing Performance of HDFC AMC

IPO Opening Date: 25 July 2018

IPO Closing Date: 27 July 2018

Finalisation of Basis of Allotment: 1 August 2018

Initiation of refunds: 2 August 2018

Transfer of shares to demat accounts: 3 August 2018

Listing Date: 6 August 2018

Listing Price on NSE: INR1,726.25 per share (up 56.93% from IPO price)

Closing Price on NSE: INR1,815.25 per share (up 65.02% from IPO price)

HDFC AMC IPO
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19 thoughts on “HDFC AMC IPO

  • August 8, 2018 at 7:30 PM
    Permalink

    Bumper Listing!!! Got 1 lot, Sold @ 1775 by 10:05 AM itself.

    Reply
  • July 31, 2018 at 10:08 AM
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    HDFCAMC GMP as on 31th July 2018

    Premium range – 600 to 610 per share
    Kostak rate – 1300/- per application (valid before listing)
    SS(Subject to Sauda) value – 6000/- per allotment (irrespective of number of lots allotted)

    Reply
  • July 30, 2018 at 12:04 PM
    Permalink

    I HAVE APPLIED THRU. TWO APPLICATION FIRST RETAILS CATG. & SHAREHOLDER CATG.
    IS THIS RIGHT IT WILL BE NOT REJECTED OR REJECTED SINCE I HAVE ALREADY HDFC LIFE FROM IPO

    Reply
    • July 31, 2018 at 3:01 PM
      Permalink

      Both your applications will be rejected. To qualify for shareholder quota, you needed to have shares of HDFC, not HDFC Life.

      Reply
  • July 26, 2018 at 10:20 AM
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    Latest grey market update
    GMP – 480/-
    Kostak – 1800/-

    Reply
    • July 29, 2018 at 10:15 AM
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      i want to sell 2 applications of hdfcamu applied

      Reply
  • July 25, 2018 at 10:47 PM
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    Nice IPO worth investing

    Reply
  • July 25, 2018 at 11:28 AM
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    When I can sell my shares which were allotted as nii/hni

    Reply
  • July 25, 2018 at 10:12 AM
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    Deepak Parekh is a genius. Period.

    Reply
  • July 24, 2018 at 12:02 PM
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    How should we increase the chances of IPO allotment? I wish to apply for 3 lots. Can i apply for 2 lots from one account and 1 from another to increase the chances?

    Reply
  • July 18, 2018 at 8:53 PM
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    It is very good IPO this month even the grey market premium is very high as compare to current running ipos.

    Reply
  • July 18, 2018 at 12:13 PM
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    short term or long term??

    Reply
  • July 14, 2018 at 11:02 AM
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    Finally HDFC Mutual Fund IPO to open on July 25..It is very big ipo size with price band of 1345 – 1360

    Reply
  • July 14, 2018 at 9:33 AM
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    It is.good ipo.

    Reply
  • June 30, 2018 at 8:32 PM
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    RNAM could be a good option to buy as HDFC will not come cheap!!! 230 now, except 260 next week.

    Reply
  • June 28, 2018 at 12:19 PM
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    This will be a good IPO for investors but don’t look for discount. It will also be on a premium to Reliance.

    Reply

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