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July 25, 2018 - July 27, 2018

HDFC AMC IPO FAQ

HDFC AMC IPO General Questions

  • Who are Eligible HDFC shareholders?

    Individuals and HUFs who are the public equity shareholders of HDFC Limited as on the date March 14, 2018.

    Note: Shareholders of other listed companies of the HDFC group include HDFC Bank Limited, HDFC Standard Life Insurance Company Limited and GRUH Finance Limited are not eligible under this category.

  • Can Eligible HDFC shareholders apply in both retail as well as HDFC shareholders Quota?

    Yes, Eligible HDFC shareholders can made TWO applications. One as a share holder category and other as a Retail category.

  • Can an eligible shareholder apply in both retail and shareholders category?

    HDFC Limited shareholders can apply in both retail and shareholders category.

    If you have further questions on this topic, please contact HDFC Investor Services on any of following numbers:

    022-6631 6241; 022-6631 6243; 022-6631 6434; 022-6141 3908; 022-6141 3907 and 022-6141 3912

  • What is the Date of shareholding?

    For Eligible HDFC shareholders, the HDFC shares should be in the demat account on March 14, 2018. It doesn't matter how long you hold the shares or how many shares do you own.

  • How many shares are reserved for Eligible HDFC shareholders?

    2,400,000 Equity Shares are available for allocation to Eligible HDFC Shareholders. The allotment will be done on a proportionate basis.

  • How many shares can I apply in Eligible HDFC shareholders category?

    The maximum bid amount under the HDFC Shareholders Reservation Portion by an Eligible HDFC Shareholders should not exceed Rs 200,000

  • I applied under Eligible HDFC shareholders category. Can I revise or withdraw my application?

    The Retail individual investors (RIIs), Eligible HDFC AMC Employees, Eligible HDFC Employees and Eligible HDFC Shareholders who are RIIs can revise their Bids during the Offer Period and withdraw their Bids until Offer Closing Date

  • 10 Reasons to apply in HDFC AMC IPO
    1. HDFC Group has 4 listed companies which have given exceptional Listing gains.
    2. HDFC AMC is one of the Largest AMCs in the country today.
    3. The most popular and best performing schemes are with HDFC AMC as of today.
    4. HDFC AMC has one of the India's best CIO, Mr. Prashant Jain.
    5. HDFC Group companies have grown at least 1.5 times in the first year of listing.
    6. The Ever Growing SIP Books in the MF industry is playing a pivotal role its growth.
    7. HDFC AMC commands one of the strongest Top Management in the country.
    8. HDFC Group shares have been consistently yielding dividends. The Dividend yield has been from 1.5% to 3.5% in some of these companies.
    9. HDFC Group has had consistent price gain of at least 12 to 15%.
    10. The Bank channel will give an additional boost in the growth of the AMCs assets.

HDFC AMC IPO Date & Price

The HDFC AMC IPO opens on July 25, 2018 and closes on July 27, 2018.

HDFC AMC IPO timetable / schedule is as below:
  • Bid/Offer Opens On: July 25, 2018
  • Bid/Offer Closes On: July 27, 2018
  • Finalization of Basis of Allotment: August 1, 2018
  • Initiation of refunds: August 2, 2018
  • Credit of Equity Shares: August 3, 2018
  • Listing Date: August 6, 2018

HDFC AMC IPO price is set at ₹1100 per equity share.

HDFC AMC IPO will close for subscription at 5 PM on July 27, 2018. But most brokers stop accepting application between 1 PM to 3 PM.

The HDFC AMC IPO starts on July 25, 2018. The issue ends on July 27, 2018.

HDFC AMC IPO Issue Size and Subscription Status

The HDFC AMC IPO size is 25457555 Equity Shares of ₹5 aggregating up to ₹2,800.33 Cr.

HDFC Asset Management Company Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for HDFC AMC IPO shares through the banks (using ASBA) or through the broker (using UPI).

HDFC AMC IPO Offer Size

Qualified Institutional Buyers (QIB)4,435,511 Shares
Non-Institutional Investors (NII)3,326,634 Shares
Retail Individual Investor (RII)7,762,145 Shares
Employee Reservations880,000 Shares
Other Reservations2,400,000 Shares
Total Issue Size18,804,290 Shares

HDFC AMC IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)192.26 times times
Non-Institutional Investors (NII)195.15 times times
Retail Individual Investor (RII)6.57 times times
Employee Reservations1.51 times times
Other Reservations times
Total Issue Size82.99 times times

Click here to check the HDFC AMC IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in HDFC AMC IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check HDFC AMC IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

HDFC AMC IPO Allotment and Listing

The HDFC AMC IPO allot status will be available online on August 1, 2018. Check the HDFC AMC IPO Allotment Status here.

Click here to check HDFC AMC IPO Allotment Status.

HDFC AMC IPO listing Date is August 6, 2018. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The HDFC AMC IPO listing date and time is published by the exchange in a circular.

Click here to view the HDFC AMC IPO Basis of Allotment.

It is hard to say at what price HDFC AMC IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The HDFC AMC IPO shares will list on August 6, 2018 at BSE, NSE.

HDFC AMC IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about HDFC AMC IPO which could help you with questions like HDFC AMC IPO buy or not? You should also read HDFC AMC IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

HDFC AMC IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the HDFC AMC IPO performance. The performance reports are available 1 day after listing.

3 Comments

3. viral agrawal     Link|August 2, 2018 6:55:54 PM
HDFC AMC SELL OR HOLD TARGET PLS
2. Ankit Patel lp     Link|July 26, 2018 12:06:29 AM
I have 1 HDFC bank share. can i apply it as share holder. If i can apply than how many application i can apply? Where can i get share holder related details for this IPO?
1. MukulG     Link|July 25, 2018 8:42:37 AM
I have HDFC Life shares. Can I apply in HDFC shareholder category?
1.1. R R Patel     Link|July 25, 2018 1:52:56 PM
No