HDFC AMC to get a valuation of close to 8% of its AUM

Reliance Nippon AMC recently got listed, while HDFC AMC would be entering the market next week. Let's look at how the HDFC AMC will be valued in the market.

By Anand Adhikari  
Friday, July 20, 2018

Over two decades old mutual fund industry is suddenly entering the IPO market. There is no urgency as the business model doesn't require capital infusion, but the equity dilution would certainly unlock the value of sponsors. The AMCs per se doesn't get higher valuations like life insurance companies, banks or general insurance industry. The AMCs often get valued as a percentage of their Asset Under Management. Reliance Nippon AMC recently got listed, while HDFC AMC would be entering the market next week. Let's look at how the HDFC AMC will be valued in the market.

Related Stories

IRCON IPO subscribed 9.85 times; may fetch govt Rs 466 crore
IRCON IPO subscribed 9.85 times; may fetch govt Rs 466 crore
Govt to raise Rs 815 crore via two PSU IPOs in September
Govt to raise Rs 815 crore via two PSU IPOs in September
Saudi Arabia suspends Aramco listing plan, disbands advisers
Saudi Arabia suspends Aramco listing plan, disbands advisers

Latest Stories

Chennai Petroleum cancels Iran oil imports
Chennai Petroleum cancels Iran oil imports
As petrol prices sky-rocket, people look for ways to ease the pain
As petrol prices sky-rocket, people look for ways to ease the pain
Realme to launch a new midrange smartphone Realme 2 Pro this month
Realme to launch a new midrange smartphone Realme 2 Pro this month
SPONSORED