HDFC AMC IPO (2018)

Tue, 12 May 2026 00:00:00 +0000

The HDFC Asset Management Company Limited IPO of July 2018 was India’s first public listing of a significant asset management company, bringing to the stock market the country’s largest AMC by equity AUM and profitable fee-income franchise. Listed simultaneously on the National Stock Exchange of India and the Bombay Stock Exchange on 6 August 2018, HDFC AMC’s IPO was subscribed approximately 83 times overall and listed at a significant premium to its issue price of Rs 1,100 per share. The offering established an earnings-multiple benchmark for asset-light fund management businesses in India that influenced the subsequent valuations of the UTI AMC IPO of 2020 , the Aditya Birla Sun Life AMC IPO of 2021, and Nippon India AMC’s listing.

UTI Mutual Fund IPO (2020)

Tue, 12 May 2026 00:00:00 +0000

The UTI Asset Management Company Limited IPO of October 2020 was the initial public offering of India’s oldest and historically most prominent asset management company, bringing to public markets an institution that traced its lineage to the Unit Trust of India Act of 1963. The IPO listed UTI AMC on both the National Stock Exchange of India and the Bombay Stock Exchange on 12 October 2020, at a price of Rs 500 per share, implying a market capitalisation of approximately Rs 6,357 crore at the time of listing. The offering followed the HDFC AMC IPO of 2018 , which had established a market precedent for the valuation of asset-light fund management businesses in India.

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HDFC AMC IPO (2018)

UTI Mutual Fund IPO (2020)