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HDFC AMC Listing On monday ...

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Published: 04 Aug 2018 › Updated: 04 Aug 2018HDFC AMC Listing On monday ...

HDFC AMC Listing On monday ...

This post is as to HDFC AMC Listing On Monday 06 August , listing will have minimum ₹ 500 high / share amounting to listing gain = 42%.

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Some estimates show each allotted share of the IPO is costing HNIs ₹410 extra becuase of leverage.

Given the oversubscription in the HNI category and 11 % funding cost for seven days, the breakeven cost for the HNI category be ₹1560 /share.

This means a 42% premium over an issue price of ₹1100 which is upper end of the price band.

Going by the market buzz, the stock on friday commanded a grey market premium of ₹600 over the issue price.

A minimum listing priceof ₹1600 / share is required for it to be a worthwhile exercise for HNIs. That would require a 45% of listing pop.

That's all guys this was my information regarding HDFC AMC listing IPO.

RAGHAV DAGA

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