HDFC AMC IPO Review And Analysis

HDFC AMC IPO



HDFC AMC IPO

HDFC Asset Management Company Ltd, The second largest asset management company has come upon with its IPO offer of Rs 2800 crore, which will open for subscription on Wednesday.

The promoters of HDFC AMC are Housing development finance corporation limited and standard life investments Ltd which shows a strong positive impact because of the strong parent company.

HDFC AMC's IPO is priced at Rs.1095-1100.The IPO offers up to 2.54 crore equity shares of fund house through an offer for sale of 85.92 lakh shares by HDFC and upto 1.68 crores shares by standard life investments Ltd. HDFC AMC is selling a 4.08 per cent stake in the IPO, while the standard life will offload 7.95 per cent holding.

Brokerages are positive and optimistic on the HDFC AMC's offer and their recommendation on the offer is to subscribe the IPO offer they hold a positive point of view on subscribing the IPO offer and are also positive on long-term investing approach and recommends to subscribe the offer for the long term.
HDFC AMC has also raised Rs 732 crores from the Anchor investors, ahead of its initial share share sale.

As per sources, the Anchor investors were a capital group, FMR, ADIA, Temasek, ICICI pru MF, SBI MF, fidelity international, Reliance MF and industries Aditya Birla, HSBC global, IIFL and many more and as per the Association of mutual funds of India, HDFC AMC had assets under management of Rs. 3.06 lakh crore at the end of June 2018.

It is the largest asset management company in terms of equity oriented assets.

There are a lot of parameters and factors of the IPO to be attractive and an opportunistic offer for investors. HDFC AMC has an advantage because of the strong parent company, high dividend payout ratio and industry's growth potential are the key triggers.

The long-term potential of the growth of the Mutual fund industry is the biggest driving factor for this Asset management company as for the mutual funds and the equity market is flooded with a pool of funds and money by the investors.

Even household conservative investors are turning out to become bold and adventurous investors investing in the equity markets and investing in the mutual funds and related schemes trusting the positive growth of the Indian economy and thereby triggering the growth of the mutual fund industry and  the "mutual fund Sahi hai" initiative by AMFI are also other positive factors.

HDFC AMC is among the very few players which are in the best position to capture the high growth potential of India's mutual fund industry, which is actually underpenetrated in comparison with the mutual fund industry of developed nations.

Overall, considering all the factors HDFC AMC IPO looks to be an attractive offer and good for a long-term bet.

Post a Comment

26 Comments

  1. HDFC MF IPO subscribed 83 times; bids at Rs 1.72 trn, second highest ever.My research on HDFC AMC IPO Review and analysis was right

    ReplyDelete
  2. This comment has been removed by the author.

    ReplyDelete
  3. HDFC AMC IPO had attracted the invester getting 83 times subscription...Lets wait allotment to be out.

    ReplyDelete
  4. I am happy to find this post Very useful for me, as it contains lot of information

    Article submission sites
    Education

    ReplyDelete
  5. Thank you so much for post. It is really help full. If any one want to know about R-Programming Language.
    R Programming training Center in Delhi/NCR

    ReplyDelete

  6. Thanks for Sharing a Information and this post help me lot to undersatnd Please Share Some More Information about other software courses.
    e accounting training in delhi

    ReplyDelete
  7. I simply wanted to thank you so much again. I am not sure the things that I might have gone through without the type of hints revealed by you regarding that situation.tax firms in dubai

    ReplyDelete
  8. Thanks for sharing information with us,I would appreciate if you could share more information about software courses
    e accounting training course in delhi

    ReplyDelete
  9. Thanks for sharing information with us,I would appreciate if you could share more information about software courses
    e accounting training course in delhi

    ReplyDelete
  10. Nice Blog, Thanks for sharing! Also check my website
    digital marketer in coimbatore

    ReplyDelete
  11. This is an awesome post. Really very informative and creative contents. This concept is a good way to enhance knowledge. I like it and help me to development very well. Thank you for this brief explanation and very nice information. Well, got good knowledge.
    WordPress development company in Chennai

    ReplyDelete
  12. Transfer, exchange and convert cryptocurrency withdraw bitcoin to bank account in United States of America USA
    any bank like Jp morgan chase wells fargo.

    ReplyDelete
  13. I read Your Post about E-accounting and I must say it is really one of the finest Post. It’s really unique and knowledgeable information
    E-accounting training in Delhi
    E-accounting training in Noida
    E-accounting training in Gurgaon

    ReplyDelete
  14. https://www.blogger.com/comment.g?blogID=2316542788846536258&postID=181945662272770324&page=0&token=1558336956966&isPopup=true

    ReplyDelete
  15. It offers a more precise payment on a periodic basis for the ongoing service and products. It’s not like a discrete and one time transaction for a certain thing.
    Billing Software in Chennai
    Retail Billing Software in Chennai
    Pos Software in Chennai
    Restaurant Billing Software in Chennai

    ReplyDelete