Tuesday, July 24, 2018

HDFC AMC IPO Subscribed 83.06 Times; QIB 192.26, HNI 195.15, Retail 6.73 Times

 Tuesday, July 24, 2018  
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HDFC AMC (HDFC Mutual Fund) IPO to hit the market on 25th July and ends on 27th July. As we can see its one of the most awaited ipo for the investors. HDFC AMC ipo gmp started around 200 level and it got sudden hike to 400+ mark. Its been a good to see how it will react on the subscription numbers. We can expect a good subscription numbers in retail segment as well. The subscription numbers might cross 50 times in QIB and HNI while RII segment might got around 7-8 times, it may increase as well due to high demand in grey market. Check HDFC Mutual Fund ipo gmp by day to day.

HDFC AMC IPO Subscription
(
Fully Subscribed)

Category Day 1 Day 2 Day 3
QIB 1.18 5.89 192.26
HNI 0.55 13.91 195.15
RII 1.34 3.50 6.73
EMP 0.54 1.03 1.52
Holders 0.60 1.40 2.70
Total 1.03 5.53 83.06

HDFC AMC IPO Review:
  • Good for Short Term & Long Term
Brokerage Firm Reviews:
  • GEPL Capital: Subscribe
  • Choice Broking: Subscribe
  • Ajcon Global: Subscribe
  • Asit C Mehta: Subscribe for Long term
  • Motilal Oswal: Subscribe
  • Sharekhan: 
  • Canara Bank Securities: Subscribe
  • BP Wealth: Subscribe
  • Hem Securities: Subscribe
HDFC AMC IPO Dates & Price Band: (Tentative)
  • IPO Open: 25-July-2018
  • IPO Close: 27-July-2018
  • IPO Size: Approx Rs.2800 Crore (Approx)
  • Face Value: Rs.5 Per Equity Share
  • Price Band: Rs. 1095 to 1100  Per Share
  • Listing on: BSE & NSE
  • Retail Portion: 35%
  • Equity: 25,457,555 Shares
HDFC Asset Management IPO Minimum Market Lot:
  • Shares: Apply for 13 Shares (Minimum Lot Size)
  • Amount: Rs.14,300
HDFC Asset Management IPO Maximum Market Lot:
  • Shares: Apply for 169 Shares (Minimum Lot Size)
  • Amount: Rs.1,85,900
HDFC Mutual Fund IPO Allotment & Listing:
  • Basis of Allotment: 01-August-2018
  • Refunds: 02-August-2018
  • Credit to demat accounts: 03-August-2018
  • Listing: 06-August-2018

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