Indian IPO Blog: IPO in July 2018
    • Showing posts with label IPO in July 2018. Show all posts
    Showing posts with label IPO in July 2018. Show all posts

    Wednesday, July 25, 2018

    HDFC AMC IPO subscribed fully on Day 1

    July 25, 2018 0
    HDFC AMC IPO subscribed fully on Day 1

    The IPO of HDFC AMC Limited, the Mutual Fund business of HDFC, has been fully subscribed on Day 1 of its opening

    The IPO got subscribed in different categories as under:

    QIB: 1.19x
    HNI: 0.55x
    Retail: 1.34x
    Employee: 0.54x
    Shareholders: 0.60x
    Overall: 1.03 times

    The IPO closes for subscription on Jul 27, 2018. Stay tuned to Indian IPO Blog for more on HDFC AMC IPO. Join Whatsapp group for Free for latest discussions

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    You can apply twice in HDFC AMC IPO if you hold HDFC shares

    July 25, 2018 0
    You can apply twice in HDFC AMC IPO if you hold HDFC shares
    Equity shareholders of HDFC Limited, holding shares as on Mar 14, 2018 would be able to apply additionally in shareholder quota for the upcoming IPO of HDFC AMC Limited

    Shares under HDFC AMC IPO are offered in a price band of Rs.1095 to Rs.1110 a piece

    All HDFC shareholders, says the a note from one of brokerage houses, as on 14 March 2018, can make three applications under the HDFC shareholder portion, retail portion and HDFC employee reservation portion/HDFC AMC employee reservation portion (for eligible employees only). 

    The maximum bid amount in the HDFC shareholders’ reservation portion by an eligible HDFC shareholder cannot exceed ₹ 2 lakh.
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