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Thursday, July 19, 2018

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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