HDFC Standard Life Insurance Company Limited IPO

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HDFC Standard Life Insurance Company Ltd (HDFC Life) is Mumbai based life insurance provider in India. HDFC Life offers a wide range of individual and group insurance solutions including Protection, Pension, Savings & Investment and Health, along with Children’s and Women’s Plan.
HDFC Life is a joint venture between HDFC and Standard Life Aberdeen plc. HDFC is a leading financial service provider in India offering finance for housing, banking, life and general insurance, asset management, venture capital and education loans. Standard Life is an Edinburgh based investment company offering wide range of financial services across the globe. Standard Life is a public company established in 1825.
HDFC Life sells policies through a multi channel network. This includes direct sales through own branches, Insurance agents, Partner Banks and through other financial institutions. HDFC Life has over 414 branches and 15,406 full-time employees located across India. Company has over 58,147 individual agents.

HDFC Standard Life Insurance Company Limited IPO Stock Quote & Charts

625.30

+1.49%

Check History
  • Open: 618.10
  • High - Low: 627.60 - 613.40
  • Previous Close: 616.15
  • Total Traded Volume: 2938173
  • Updated On: 24-Dec-2019

Objects of the HDFC Standard Life Insurance Company Limited IPO:

Objectives of

HDFC Standard Life Insurance Company Limited IPO

are: 1. To achieve the benefits of listing the Equity Shares on the Stock Exchanges 2. To carry out the sale of Offered Shares by the Selling Shareholders.
DRHP of HDFC Standard Life Insurance Company Limited IPO

HDFC Standard Life Insurance Company Limited IPO Details:

Open Date: Nov 07 2017
Close Date: Nov 09 2017
Total Shares: 299,827,818
Face Value: ₹ 10 Per Equity Share
Issue Type: Book Built Issue IPO
Issue Size: 8,695.01 Cr.
Lot Size: 50 Shares
Issue Price: ₹ 275-290 Per Equity Share
Listing At: NSE,BSE
Listing Date: Nov 17 2017

Promoters And Management:

1. Housing Development Finance Corporation Limited ("HDFC") 2. Standard Life (Mauritius Holdings) 2006 Limited ("Standard Life Mauritius") 3. Standard Life Aberdeen plc ("Standard Life Aberdeen").

Recommendation on HDFC Standard Life Insurance Company Limited IPO:

Review and Recommendation of

HDFC Standard Life Insurance Company Limited IPO

from our side is: Apply

Lead Manager of HDFC Standard Life Insurance Company Limited IPO:

  1. CLSA India Private Limited
  2. Credit Suisse Securities (India) Private Limited
  3. Edelweiss Capital Limited
  4. HDFC Bank Limited
  5. IDFC Bank Limited
  6. IIFL Holdings Limited
  7. Morgan Stanley India Company Private Limited
  8. Nomura Financial Advisory And Securities (India) Private Limited

Registrar of HDFC Standard Life Insurance Company Limited IPO:

  1. Karvy Computershare Private Limited

Company Address:

HDFC Standard Life Insurance Company Limited 13th Floor, Lodha Excelus, Apollo Mills Compound, N.M. Joshi Marg, Mahalaxmi, Mumbai 400 011 Phone: +91 (22) 6751 6666 Fax: +91 (22) 6751 6861 Email: investor.service@hdfclife.com Website: www.hdfclife.com

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