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HDFC Asset Management Company Limited IPO (HDFC AMC IPO) Detail

Incorporated in 1999, Mumbai based HDFC Asset Management Company (HDFC AMC) Limited is well-known fund house engaged in providing savings and investment products. It is a joint venture between Housing Development Finance Corporation Limited (HDFC) and Standard Life Investments Limited (SLI). SLI is part of Standard Life Aberdeen plc., one of the world's largest investment company.

According to CRISIL, as of December 31, 2017, HDFC AMC has been the most profitable AMC of the country in terms of net profits since Fiscal 2013 with a total AUM (Assets Under Management) of ₹2,932.54 billion. Its profits has grown every year since 2002.

It has been the largest AMC in equity-oriented AUM since the last quarter of Fiscal 2011 and has consistently been among the top two asset management companies in India in terms of total average AUM since the month of August 2008..

HDFC AMC offers a wide range of savings and investment products across asset classes. As of December 31, 2017, it offered 127 schemes categorized into-

1. 28 equity-oriented schemes
2. 91 debt schemes
3. 3 liquid schemes,
4. 5 other schemes (including exchange-traded schemes and funds of fund schemes).

The company also provides portfolio management and segregated account services to HNIs, family offices, trusts, domestic corporates and provident funds etc. As of December 31, 2017, it managed a total AUM of ₹75.78 billion as part of its portfolio management and segregated account services' business.

Strengths-

1. Brand reputation of HDFC and SLI helps in earning the trust of customers.
2. Consistent investment performance over the years has helped it established itself as one of the leading AMC in the country
3. Diversified product mix with a multi-channel distribution network helps it expand its reach.
4. Strong profitable growth, over the years, provides it with resources to fund future growth.

Company Promoters:

The Promoters of the Company are HDFC and Standard Life Investments. HDFC holds 120,772,800 Equity Shares and Standard Life Investments, holds 80,515,200 Equity Shares, which constitutes 57.36% and 38.24%, respectively, of the Company's pre-Offer, issued, subscribed and paid-up Equity Share capital.

Company Financials:

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Millions)
31-Dec-17 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 25,831.58 15,995.90 14,227.17 13,117.50 11,213.36 8,294.39
Total Revenue 13,167.21 15,879.10 14,943.42 10,642.76 9,031.14 7,839.76
Profit After Tax 4,955.55 5,502.46 4,778.80 4,155.00 3,577.70 3,187.46

Objects of the Issue:

The objects of the Offer-

1. To carry out the sale of Equity Shares offered for sale by the Selling Shareholders.
2. Enhance the company's visibility and brand image,
3. Provide a public market for Equity Shares in India.

The Company will not receive any proceeds from the Offer and all the proceeds from the Offer will be received by the Selling Shareholders.

Issue Detail:

  »»  Issue Open:
  »»  Issue Type: Book Built Issue IPO
  »»  Issue Size: 25,457,555 Equity Shares of Rs 5 aggregating up to Rs 3,462.00 Cr
    ›  Offer for Sale of 25,457,555 Equity Shares of Rs 5 aggregating up to Rs [.] Cr
  »»  Face Value: Rs 5 Per Equity Share
  »»  Issue Price: Rs - Rs Per Equity Share
  »»  Market Lot: 11 Shares
  »»  Minimum Order Quantity: 11 Shares
  »»  Listing At: BSE, NSE

Issue Size and Allocation

Category

Shares Offered

QIB

11,088,776

NII

3,326,634

Retail

7,762,145

Eligible HDFC AMC Employees

320,000

Eligible HDFC Employees

560,000

Eligible HDFC Shareholders

2,400,000

Total

25,457,555

 

IPO Notices

External Link

HDFC IPO may postpone
02 July 2018
HDFC AMC IPO may get postpone as allotment made to distributors is being asked to cancel by SEBI. The IPO may postpone until the refund takes place.

HDFC AMC IPO Subscription Status / Live Bidding Status

This section is moved. Please click 'Subscription (Live)' tab on top of the page.

 

HDFC AMC IPO Prospectus

HDFC AMC IPO Rating

681
4.0
Rating:Rated 4.0 stars

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HDFC AMC IPO News Alerts

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Company Contact Information

HDFC Asset Management Company Limited
HDFC House, 2nd Floor, H.T. Parekh Marg
165-166, Backbay Reclamation
Churchgate, Mumbai 400 020, Maharashtra,
Phone: +91 (22) 6631 3333
Fax: +91 (22) 6658 0203
Email: shareholders.relations@hdfcfund.com
Website: http://www.hdfcfund.com/

HDFC AMC IPO Registrar

Karvy Computershare Private Limited   »  Report
   Karvy House, 46, Avenue 4, Street No. 1,
   Banjara Hills, Hyderabad - 500 034
   Andhra Pradesh, India

Phone: +91-40-23312454
Fax: +91-40-23311968
Email: einward.ris@karvy.com
Website: http://karisma.karvy.com

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HDFC AMC IPO Review / Comments

avatar
155. Dev d  Jul 17, 2018 11:15:03 AM I Like It. | Report Abuse Reply
Issue size , how many cr. .......? HDFC.....
avatar
154. Uchit Patel  Jul 15, 2018 11:18:14 PM I Like It. 6 | Report Abuse Reply
Top Contributor Top Contributor (400+ Posts, 1200+ Likes)
HDFC AMC IPO:
Good IPO. Apply with full force. Past performance of HDFC group companies are excellent. It will oversubscribe by 2.5 to 3 times in Retail. Shareholder category will also oversubscribe. It is advisable to apply one lot per application. Existing shareholder of HDFC don't want to miss this opportunity. It may possible in shareholder category it will subscribe more than Retail category. I have experienced in ICICI Prudential IPO, where Retail investors got almost full allotment and shareholder got few allotments. Please monitor subscription nos. closely to make decision in which category to apply Retail or Shareholder.
avatar
154.1. Athar  Jul 16, 2018 9:02:53 AM I Like It. | Report Abuse
How to apply in shareholders category. Please guide me
avatar
154.2. RAJAKUMAR  Jul 17, 2018 11:01:11 AM I Like It. 1 | Report Abuse
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
Dear Uchit Patel
HDFC LIFE Shareholder quota subscribed 29%
ICICI LOMBARD 99%
ICICI SECURITIES 34%
SBI LIFE 38%
ICICI PRUDENTIAL 12.2 TIMES (Retail 1.42 times)
Recently except icici prudential all others subscribed below one time. Hence if any one applies shareholder quota who can fill 1.8 lakh for shareholder quota and minimum lot in retail category. Both together will not exceed 2 lakh. Both bids are valid. If shareholder quota subscribes like icici prudential then you may get one lot and retail quota (my expectation is 3 times) you may get one lot by lottery.
avatar
153.   Jul 17, 2018 10:59:05 AM I Like It. 1 | Report Abuse Reply
Top Contributor Top Contributor (300+ Posts, 500+ Likes)
Lodha developer , flemingo travel, nekkanti sea food, genius consultancy , patel infra in coming week

https://wap.business-standard.com/article-amp/markets/seven-ipos-worth-rs-140-billion-to-hit-markets-in-the-coming-week-118071500077_1.html
avatar
152. harit  Jul 16, 2018 7:57:42 PM I Like It. 2 | Report Abuse Reply
IPO Mentor IPO Mentor (600+ Posts, 800+ Likes)
premarket activity in high demand
Beware!
Kostak can reach 1250-1500 before subscription
(Remember bandhan bank)
avatar
152.1. RAJAKUMAR  Jul 17, 2018 10:41:18 AM I Like It. | Report Abuse
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
Dear Harit
Dont sell at kostak. If you want to sell then, sell 50%. Because 3 times application wise retail participation is expected. HDFC is darling of indian stock market so fii will pour at the time of ipo bidding and after listing also.
avatar
151. Jaymin bhatt  Jul 17, 2018 8:44:58 AM I Like It. | Report Abuse Reply
Hdfc price band approx 1180 to 1200 lot 12 shares
avatar
150. Viram  Jul 17, 2018 6:24:02 AM I Like It. 2 | Report Abuse Reply
Mene satta karne k liye bechhe hai.dekhte hai kya hota hai...loss ya profit .Usme kya hai AAP bhi le sahte ho aur bechh bhi sakte ho
avatar
149. Viram  Jul 16, 2018 10:30:47 PM I Like It. | Report Abuse Reply
200 rs aa jayega vapas premium.i sell 2200 shares at 215 leval
avatar
149.1. Bhattji  Jul 17, 2018 12:14:06 AM I Like It. 2 | Report Abuse
2200 share kahase aye apke pas?
avatar
148. Ipoupdate  Jul 16, 2018 9:54:16 PM I Like It. 2 | Report Abuse Reply
Hdfc gmp- 245-250
Application 1100

Tcns gmp - 24-26
Application 400
avatar
148.1. Devendrablt  Jul 16, 2018 11:03:07 PM I Like It. | Report Abuse
Which city this rates
avatar
147. Viram  Jul 16, 2018 10:29:00 PM I Like It. | Report Abuse Reply
Good ipo
avatar
146. Doctor strange  Jul 16, 2018 10:09:50 PM I Like It. 2 | Report Abuse Reply
No offical news on this one...but everyone is posting 25-27july ..even economic times article did not mention any date. Can any one tell what is source of this date ??
avatar
145. v for vendetta  Jul 16, 2018 9:50:20 PM I Like It. | Report Abuse Reply
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
This is really testing our patience.
Kab aayega bhai.......
avatar
144.   Jul 16, 2018 9:46:17 PM I Like It. 2 | Report Abuse Reply
Top Contributor Top Contributor (300+ Posts, 500+ Likes)
HDFC =- 250 - 260
Kostak =- 1050 - 1075
S2 =- 2000

TCNS :( 12 - 14
avatar
143. Sammy ipo  Jul 16, 2018 9:38:07 PM I Like It. | Report Abuse Reply
*HDFC Asset Management Company Limited*

Date: 25-07-2018 to 27-07-2018

Price: Rs. 1345.0 - Rs. 1360.0

Lot Size: 11( *Rs14,960* )

Allotment date 02-08-18
Listing Date 06-08-18
Face value Rs5 per share
Issue size 25,457,555 total
Retail investor size *77,62,145*

*Issue price is Tentative*
avatar
142. Sdpp  Jul 16, 2018 9:22:57 PM I Like It. 1 | Report Abuse Reply
This message has been removed by a moderator.
avatar
142.1.   Jul 16, 2018 9:26:19 PM I Like It. | Report Abuse
Top Contributor Top Contributor (300+ Posts, 500+ Likes)
😅
avatar
141.1.   Jul 16, 2018 9:18:23 PM I Like It. 3 | Report Abuse
Top Contributor Top Contributor (300+ Posts, 500+ Likes)
avatar
140. sunhun  Jul 16, 2018 8:11:48 PM I Like It. | Report Abuse Reply
240/245
avatar
139. Jss  Jul 16, 2018 8:08:29 PM I Like It. 1 | Report Abuse Reply
Kostak 1000 Ahmedabad
avatar
138. abcd wxyz  Jul 16, 2018 8:05:57 PM I Like It. | Report Abuse Reply
*HDFC Asset Management Company Limited*

Date: 25-07-2018 to 27-07-2018

Price: Rs. 1345.0 - Rs. 1360.0

Lot Size: 11( *Rs14,960* )

Allotment date 02-08-18
Listing Date 06-08-18
Face value Rs5 per share
Issue size 25,457,555 total
Retail investor size *77,62,145*

*Issue price is Tentative*

Apply=✅✅✅
Recommended=✅✅✅
avatar
137. harit  Jul 16, 2018 7:51:52 PM I Like It. 1 | Report Abuse Reply
IPO Mentor IPO Mentor (600+ Posts, 800+ Likes)
Kostak 900@rajkot
Today evening
avatar
136. Jss  Jul 16, 2018 7:07:12 PM I Like It. | Report Abuse Reply
Kostak 875
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