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  #1  
Old 24th July 2018, 06:28 PM
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Default HDFC Asset Management Company IPO



HDFC Asset Management Company IPO

The IPO opens tomorrow (25th July) and closes on 27th July 2018.

I haven't looked at the RHP but there is 30%-40% premium in the grey market.

From what I have read about it, it seems the IPO has been priced very attractively.

Most probably I will be applying for it.
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  #2  
Old 26th July 2018, 02:25 PM
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Planning to apply for this. The brand name and legacy of HDFC is a great plus.
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  #3  
Old 26th July 2018, 06:24 PM
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HDFC AMC'S 51% AUM are made up of equity investments. A significant correction in the market can erode both the AUM and earnings of the company.

Other than this overall market risk, I don't see any negative for this IPO.

Everyone should apply for this IPO, but no one should expect an allotment. It will get heavily subscribed.

My guess is the subscription will cross 15-20 times in retail category.

Most long-term investors will apply for this IPO. Many will pay a premium and buy post-listing.

The stock is expected to list at 1600+ levels. Supply-demand mismatch can take the stock even higher.
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  #4  
Old 28th July 2018, 10:33 AM
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HDFC AMC IPO got subscribed 83 times.

QIB category for 192 times subscription and NII category 195 times subscription.

Bumper listing expected.
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  #5  
Old 2nd August 2018, 07:15 PM
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Got nothing.

Check your allotment status here:

HDFC AMC IPO Allotment Status
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  #6  
Old 3rd August 2018, 03:32 PM
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Was lucky to get an allotment this time. Planning to hold for long-term.
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  #7  
Old 5th August 2018, 12:08 PM
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The stock will list tomorrow - 6th August 2018.

NSE symbol is HDFCAMC.
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  #8  
Old 6th August 2018, 07:52 AM
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Got an allotment 3/4.

3 are applied in share holder's category. Me too thinking to hold it for long term and however if the price goes to abnormal range I may exit it.
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