HDFC Asset Management Company Limited IPO Review
Read the exclusive Reviews & Recommendations on HDFC AMC IPO by Market Experts.
HDFC AMC IPO Reviews Summary Table
| Reviews by | Reviewer Category | Recommendations |
| GEPL Capital | Company | Subscribe |
| Dilip Davde | Individual | Subscribe |
| Capital Market | Company | Must subscribe (55/100) |
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| Ajcon Global: | Company | Subscribe |
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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:
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The IPO opens on 25 June 2018
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The IPO closes on 27 June 2018
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Price Band: Rs. 1095 – 1100 per equity share
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Issue Size : Rs 2,800.33 Crore
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No. of Shares on Offer: 25,457,555
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Bid Lot:13 Shares
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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.
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HDFC Asset Management Company: Financials |
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|
|
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 |
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