HDFC Asset Management Company or HDFC AMC has fixed the issue price of the IPO at Rs 1,100 per share. The Rs 2,800 crore IPO of HDFC AMC saw a huge demand, with the offer subscribed 83 times. HDFC AMC IPO was open between 25 July and 27 July and HDFC AMC had offered 25.46 million shares in a price band of Rs 1,095-1,110 apiece. HDFC AMC IPO is likely to get listed next week. The qualified institutional buyers (QIBs) segment was subscribed 192 times, non-institutional investors 195 times and retail investors 6.6 times. HDFC AMC shares will get listed on both BSE and NSE.
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