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19 April, 2025 19:08 IST

HDFC Asset Management Company lists at 57% premium
Source: IRIS | 06 Aug, 2018, 10.25AM

Rating: NAN / 5 stars.

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HDFC Asset Management Company (HDFC AMC) got listed on the stock markets on Monday with a premium of 56.93% over its issue price. At the NSE, stock opened at Rs 1,726.25 a share as against issue price of Rs 1,100 a share.

Currently, shares are trading at Rs 1,802.65, up 63.88% from its issue price. It recorded a high of Rs 1,835.00 and a low of Rs 1,726.25 at the NSE (10:12 am).

HDFC Asset Management Company (HDFC AMC) is incorporated in 1999 and headquartered in Mumbai. It is well-known fund house engaged in providing savings and investment products. It is a joint venture between Housing Development Finance Corporation (HDFC) and Standard Life Investments (SLI). SLI is part of Standard Life Aberdeen plc. one of the world's largest investment company.

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