HDFC Asset Management Company Limited
25 Jul 2018 – 27 Jul 2018
LISTED
Offer Price
₹1095–1100
Bid lot
13
Min Application
₹14,300
Issue Size
₹2,800 Cr
Key dates
Open date
25 Jul 2018
Done
Close date
27 Jul 2018
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
06 Aug 2018
Today
Issue reservation
₹2,800 CrQIB 50%Retail 35%5%
QIB
1.27 Cr sh · ₹1400.00 Cr
Retail
89.1 L sh · ₹980.00 Cr
Employee
12.7 L sh · ₹140.00 Cr
BRLM: Kotak Mahindra Capital Company Limited · Axis Capital Limited · DSP Merrill Lynch Limited · Citigroup Global Markets India Private Limited · CLSA India Private Limited · HDFC Bank Limited · ICICI Securities Limited · IIFL Holdings Limited · JM Financial Limited · J.P. Morgan India Private Limited · Morgan Stanley India Company Private Limited · Nomura Financial Advisory and Securities (India) Private Limited
Lot ladder — how much to bid
1 lot = 13 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
13 sh · ₹14,300
Max · 13 lots
169 sh · ₹1,85,900
S-HNI · ₹2 L to ₹10 L14–69 lots
Min · 14 lots
182 sh · ₹2,00,200
Max · 69 lots
897 sh · ₹9,86,700
B-HNI · Above ₹10 L70+ lots
Min · 70 lots
910 sh · ₹10,01,000
Entry point
₹10,01,000 onward
Issue details
Lead managersKotak Mahindra Capital Company Limited, Axis Capital Limited, DSP Merrill Lynch Limited, Citigroup Global Markets India Private Limited, CLSA India Private Limited, HDFC Bank Limited, ICICI Securities Limited, IIFL Holdings Limited, JM Financial Limited, J.P. Morgan India Private Limited, Morgan Stanley India Company Private Limited, Nomura Financial Advisory and Securities (India) Private Limited
Face value₹10
Listing onNSE
RegistrarKarvy Computershare Private Limited
Live subscription
109.51×
0×1×2×3×+
Oversubscribed
Book₹2,520 Cr
Subscribed₹2,75,972 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 1,27,27,273₹1,400 Cr | 2,44,69,45,411₹2,69,164 Cr | 192.26× |
| HNI | 38,18,182₹420.00 Cr | 74,51,18,169₹81,963 Cr | 195.15× |
| Retail | 89,09,091₹980.00 Cr | 5,99,58,181₹6,595 Cr | 6.73× |
| Employee | 12,72,727₹140.00 Cr | 19,34,545₹212.80 Cr | 1.52× |
| Shareholder | 0₹0.00 Cr | 0₹0.00 Cr | 2.69× |
| Total | 2,29,09,091₹2,520 Cr | 2,50,88,38,137₹2,75,972 Cr | 109.51× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 2,69,164.00 |
| HNI | 81,963.00 |
| Retail | 6,595.40 |
| Employee | 212.80 |
| Shareholder | — |
| Total | 2,75,972.20 |
Amounts at the upper band (₹1100). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the HDFC Asset Management Company Limited IPO?
One lot of 13 shares — ₹14,300 at the upper price band of ₹1100.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2018-08-06 on NSE.