HDFC Asset Management Company Limited IPO Review

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Read the exclusive Reviews & Recommendations on HDFC AMC IPO by Market Experts.

HDFC AMC IPO Reviews Summary Table

 

 

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Company Overview:

HDFC Asset Management Company Limited was incorporated on 10th December, 1999 under Companies Act, 1956 in the state of Maharashtra. It functions as a joint undertaking in between Housing Development Finance Corporation Limited (“HDFC”) and Standard Life Investments Limited (“SLI”). It currently offers a large stack of savings and investment products across diversified asset classes, which provides income and wealth creation opportunities to its customers.

Issue Details:

Following are the IPO Key details of RITES Limited IPO:

  • The IPO opens on 25 June 2018

  • The IPO closes on  27 June 2018

  • Price Band: Rs. 1095 – 1100 per equity share

  • Issue Size : Rs 2,800.33 Crore

  • No. of Shares on Offer: 25,457,555

  • Bid Lot:13  Shares

  • Face Value : Rs 5 per equity share

Objects of the Issue:
The objects of HDFC Asset Management Limited are:
- To carry out the sale of Equity Shares offered for sale by Selling Shareholders.
- To achieve the benefits of listing of Equity Shares on Stock Exchanges.

HDFC Asset Management Company: Financials

 

1403 (12)

1503 (12)

1603 (12)

1703 (12)

1803 (12)

Sales

858.55

1022.44

1442.55

1480.04

1759.75

OPM %

56.6%

57.8%

46.3%

47.6%

54.9%

OP

486.33

590.90

667.51

703.89

966.46

Other Income

44.57

41.84

51.80

107.88

107.50

PBDT

530.90

632.74

719.31

811.77

1073.96

Depreciation

8.45

10.14

11.06

11.96

11.44

PBT

522.45

622.60

708.25

799.80

1062.52

Tax

164.68

207.10

230.37

249.56

340.90

PAT

357.77

415.50

477.88

550.25

721.62

EPS (Rs)*

16.88

19.60

22.54

25.96

34.04

*EPS is annualised on post issue equity capital of Rs 105.99 crore of face value of Rs 5 each

* Table Source: Capital Market

Disclaimer Please note that the recommendations given by expert(s)/company(-ies) is/are their opinions and views. Neither Samco Securities nor any associated entities take the responsibilities of the recommendations. Investors are suggested to conduct proper due diligence before investing in IPOs as Investments are subject to market risks. For detailed information visit policy section on https://www.samco.in/policies

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