IFLR1000

HDFC Asset Management NSE IPO

6/8/2018
IPO, Rights issue
Select tab

Re 28 billion

$ 394.911 million

Completed

6/8/2018

Overview:

  • Asset management company HDFC Asset Management raised Rs28 billion through its IPO on the NSE and BSE. 
  • This was the second IPO by an asset management company in India, and, to date, remains the largest initial public offering by an asset management company in India.

Shah Shameer Ahmed - Researcher 

Jurisdiction:

India

Deal types:

IPO
Rights issue

Practice area:

Capital markets : Equity

Industry sectors:

Financial services
Investment management

Firms:
AZB & Partners

Party: HDFC Asset Management (Issuer)

Lawyers: Lionel D'Almeida, Varoon Chandra

Khaitan & Co

Party: Kotak Mahindra Capital (Lead manager)

Party: AXIS Capital (Lead manager)

Party: Bank of America Merrill Lynch (Lead manager)

Party: Nomura Financial Advisory and Securities (Lead manager)

Party: Citigroup Global Markets India (Lead manager)

Party: CLSA India (Lead manager)

Party: HDFC Bank (Lead manager)

Party: ICICI Securities (Lead manager)

Party: IIFL Holdings (Lead manager)

Party: JM Financial (Lead manager)

Party: JP Morgan India (Lead manager)

Party: Morgan Stanley India (Lead manager)

Wadia Ghandy & Co

Party: Housing Development Finance Corporation (HDFC) (promoter selling shareholder)

Related deals