HDFC AMC IPO - Record date for HDFC shareholders

HDFC AMC IPO which is going to open for subscription from Jul 25, has a shareholder quota. Shareholders who have shares of HDFC Limited would be eligible to apply in this category

HDFC AMC IPO Record date for HDFC Limited shareholders to apply is 14.03.2018  (i.e 14th March)

This means that those who hold in demat on or before 14 March can apply in HDFC share holder quota

Shareholder quota applicants may derive benefit in allotment if the retail category is oversubscribed several times which is very likely given the anticipation to the IPO

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HDFC AMC IPO - Offer Size and Allocation

HDFC AMC IPO (SIZE & ALLOCATION)

QIB : 1,10,88,776

NII : 33,26,634

Retail : 77,62,145

Eligible HDFC AMC Employees : 3,20,000

Eligible HDFC Employees : 5,60,000

Eligible HDFC Shareholders : 24,00,000

Total: 2,54,57,555 Equity Shares

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BSE adds Motabhai to help you know stock prices

Visitors to the iconic Bombay Stock Exchange website will be greeted from now on by 'Motabhai', a fun chatbot sitting on the top right corner of the screen

The automated chatbot would answer basic questions and provide stock and market information. For instance, a simple keyword with stock name throws up options such as

- Current Price
- Corporate Announcements
- Corporate Actions
- Results

Replies are given in chat format. The bot is powered by ShepHertz and has a icon having cute little depiction of a stock trader in traditional dress. Want to have a look? Head on to http://www.bseindia.com

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Soon you may be able to apply IPOs using UPI!

Finding making IPO applications a task? Applying through normal ASBA methods may be history if all goes well as per SEBI's plan

The market regulator is planning to introduce an alternative payment mechanism in initial public offers for retail investorsas it aims to speed up the listing process.

The regulator intends to allow the use of Unified Payments Interface (UPI), a mobilebased real-time payment system that enables instant transfer of funds from one bank account to another, to reduce the paperwork for intermediaries during IPOs.

“Once UPI is implemented, there will be no need for physical movement of application forms from broker to bank and the need for verification of investors’ signature will be eliminated. Investor will confirm to the bank to block the funds through his mobile phone,” the regulatory official said

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HCL Technologies to consider Buyback

HCL Technologies is planning a buyback of equity shares. The company said in a filing at BSE

"We would like to inform you that a meeting of the Board of Directors of the Company
is scheduled to be held on Thursday, July 12, 2018, to consider a proposal for buy-
back of equity shares in accordance with applicable provisions of the Companies Act, 2013 and the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 1998"

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Gear up for more SME IPO - Collections witness more than 2 times jump

Small and medium enterprises (SMEs) raised Rs.825 crore through initial public offerings in the first quarter of 2018-19, more than two-fold jump from the preceding financial year.

Last year, around 55 SME companies had tapped the IPO route and got listed on the exchange's platform. This year there are going to be around 100 SME IPOs hitting the market

A total of 47 companies got listed with initial shares-sale offers worth Rs 825 crore during April-June quarter of 2018-19 as compared to 24 firms during the same period in previous year

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Avon Moldplast SME IPO Details

Issue opens on: Jul 12, 2018
Issue closes on: Jul 18, 2018
Issue Type: Fixed Price Issue IPO
Issue Size: 884,000 Equity Shares of Rs 10
Face Value: Rs 10 Per Equity Share
Issue Price: Rs 51 Per Equity Share
Bid Lot: 2000 Shares
Listing At: NSE SME

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Earnings Calendar - July 2018

*Earnings Calendar :*

JULY 2018

10 - INDUSIND BANK
10 - TCS
13 - INFY
16 - HIND UNILEVER
17 - ASHOK LEYLAND
17 - FEDERAL BANK
17 - ZEEL
18 - BANDHAN BANK
18 - MIND TREE
18 - ULTRATECH CEMENT
19 - BAJAJ FINANCE
19 - BAJAJ FIN SERVE
19 - KOTAK BANK
19 - RBL BANK
20 - BAJAJ AUTO
20 - BATA INDIA
20 - HDFC LIFE
20 - WIPRO
21 - HDFC BANK
24 - ICICI PRU
25 - HEROMOTO CORP
25 - JSW STEEL
25 - TATA ELXI
26 - BIOCON
26 - DR. REDDY
27 - ICICI BANK
27 - M & M FINANCE
30 - GODREJ CONSUMER
30 - HDFC
30 - IDFC
30 - IDFC BANK
30 - TECH MAHINDRA
31 - DABUR.

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SEBI asks HDFC AMC to cancel pre-IPO share sale

HDFC Asset Management has been directed by the Securities and Exchange Board of India (SEBI) to refund the money collected from distributors and advisers for its pre-IPO share sale

HDFC AMC filed for the approval of its IPO in March. Its draft red herring prospectus mentioned that it may allot close to 7.2 lakh shares to its distributors, a move that SEBI did not allow. The fund house then went for a private placement with the said distributors

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HDFC AMC IPO Details

HDFC AMC IPO Details (tentative)

IPO Open : July 11th 2018
IPO Close : July 13th 2018
Issue Size: 25,457,555 Equity Shares of Rs 5 aggregating up to Rs 3462.22 Cr
Face Value: Rs 5 Per Equity Share
Price Band: Rs 1345- Rs 1360 Per Equity Share
Market Lot: 11 Shares
Listing At: BSE, NSE

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RITES IPO Allotment Status

RITES IPO Allotment Status is declared and can now be checked online

Click link below to check status now

https://linkintime.co.in/MIPO/ipo.aspx

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RITES IPO Subscription status till Day 2

QIB: 0.32 times
HNI: 0.49 times
Retail: 5.59 times
Employees: 0.57 times
Overall: 2.11 times

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