26/06/2018
HDFC AMC BIGGEST NEWS...
in yesterdays news paper its published that HDFC issued its shares to its AMC s distributer through private placement approx 14 lakh shares for 150 crore in wrong way. and this private placement was executed before IPO of second week of july...
private placement was brought at price band of 1050 at share of rupee 5 each face value and IPO price band assumed value 1400-1500 ...
my assumption is that private placement done by HDFC AMC at 30% discount and now mutual funds who waited for HDFC AMC got discremination because mutual funds will not be interested in buying at 1500 levels wheres distributers got at 1000.....
i think fund houses will approach to SEBI and on orders of SEBI or on its own HDFC will bring its IPO on approx price range around 1000 levels which will be very cheap in comparison of industrial P/E and P/B...
and i think in this situation will be approx 30-40% profits possiblity in IPO for retail investors if my prediction happens exactly....!!!!!... ...
waiting what happens for HDFC AMC IPO @ 1000 levels....!!!!!