AVENUESOFINVESTMENT

WHY SHOULD YOU INVEST IN THE UPCOMING IPO OF ADITYA BSL AMC IPO?

Long
NSE:HDFCAMC   HDFC ASSET MANAGEM
WHY SHOULD YOU INVEST IN THE UPCOMING IPO OF ADITYA BIRLA SUN LIFE AMC IPO ?
HDFC AMC IPO Details
IPO Opening Date
Jul 25, 2018
IPO Closing Date
Jul 27, 2018
Issue Type
Book Built Issue IPO
Face Value
₹5 per equity share
IPO Price
₹1095 to ₹1100 per equity share
Market Lot
13 Shares
Min Order Quantity
13 Shares


HDFC AMC lists at 58% premium over issue price
SECTIONS
HDFC AMC lists at 58% premium over issue price



52 Week High 3365

52 Week Low 2270

Listed at 1738

So an initial investment of 13*1100 shares would have meant investing INR 14,300.

At its CMP on 27-9-21 EOD , it would have been worth INR41,171

Or 2.61 times your investment!!

Do you need any more explanations?

Why invest in HDFC MF schemes when you can invest in transparent and tradeable shares of the same company that give better ROI!

Note --

I am not a SEBI regd. Analyst or advisor. All information and experiences shared here are for awareness and educational purposes only.

27-9-21