HDFC Asset Management Company Limited IPO
HDFC Asset Management Company Limited was a mainboard IPO in the Asset Management Company sector, offered at ₹547.5–₹550 per share to raise ₹2,800 crore. The issue was subscribed 83.06× overall (QIBs 192.26×, NIIs 195.15×, retail 6.73×). It listed on 6 Aug 2018 at ₹863 and closed its first day at ₹908, a listing gain of +65.1% versus the ₹550 issue price. It now trades around ₹2,310 (+319.9% versus the issue price).
Frequently asked questions
- How many times was the HDFC Asset Management Company Limited IPO subscribed?
- The HDFC Asset Management Company Limited IPO was subscribed 83.06× overall — 192.26× in the QIB category, 195.15× among non-institutional investors, 6.73× in retail.
- What were the HDFC Asset Management Company Limited IPO listing gains?
- HDFC Asset Management Company Limited listed on 6 Aug 2018 at ₹863, closing its first day at ₹908 — a listing gain of +65.1% versus the ₹550 issue price.
- What were the retail allotment odds for the HDFC Asset Management Company Limited IPO?
- Retail was subscribed 6.73×, so a single-lot application had roughly a 14.9% chance of allotment (about 1 in 7), and allotment was finalised on 31 Jul 2018.
- What was the price band and lot size of the HDFC Asset Management Company Limited IPO?
- The price band was ₹547.5–₹550 per share, with a minimum lot of 13 shares (₹7,150 at the upper band).
- Who were the registrar and lead manager for the HDFC Asset Management Company Limited IPO?
- Karvy Computershare Private Limited was the registrar, and Kotak Mahindra Capital was the book-running lead manager.