HDFC Asset management Company Limited announced initial public offer. HDFC Asset Management Company limited NSE symbol called HDFCAMC , It will open 25 July 2018 and close on 27 July 2018. Investors apply HDFCAMC IPO through ASBA application. Price band fixed at Rs 1095 to 1100 per share and Face Value Rs 5.
HDFCAMC is the second largest asset management company in the country, HDFCAMC is a joint venture between mortgage lender Housing Development Finance Corporation limited ( HDFC ) and Standard Life Investments Ltd. HDFCAMC current total assets under management (AUM) of the industry stands at Rs 23 trillion.
HDFCAMC stock face value Rs 5.
Retail investors maximum apply Rs 2,00,000
Lot size 13 shares
|HDFC Asset Management Company Limited|
|*All investors shall mandatorilly use only application supported by blocked amount (ASBA) facility for making payments.|
|Issue period||25/07/2018 To 27/07/2018|
|Post issue modification period||28/07/2018 and 30/07/2018 ( 10 AM to 1 PM )|
|Issue Size||Initial public offer of 25,457,555 Equity shares|
|Issue Type||100% Book Building|
|Price Range||Rs 1095 to Rs 1100|
|Face Value||Rs 5|
|Tick Size||Rs 1|
|Bid Lot||13 Equity shares and in multiple thereof|
|Minimum Order Quantity||13 Equity Shares|
|Maximum subscription amount for Retail Investor||Rs 2,00,000|
|Name of the Registrar||Karvy Computer Share Private Limited|