HDFC Asset Management Company (AMC) has debuted at Rs 1,739.00 on the BSE, up by 639.00 point or 58.09% from its issue price of Rs 1,100.
The scrip is currently trading at Rs 1805.10, up by 705.10 points or 64.10% from its issue price. It has touched a high and low of Rs 1832.00 and Rs 1730.00 respectively. So far 24,06,000 shares were traded on the counter.
The offering, which was open for subscription between July 25, 2018 and July 27, 2018, was subscribed 83.06 times. The issue price was fixed at Rs 1,100 per share i.e. at upper end of price band of Rs 1,095 – 1,100 apiece.
HDFC AMC offers a large suite of savings and investment products across asset classes, which provide income and wealth creation opportunities to its customers.
