HDFC Standard Life IPO Issue Date, Allotment, GMP, Listing, Status

HDFC Standard Life IPO

HDFC Standard Life Insurance Company Limited Company is a joint venture between Housing Development Finance Corporation Limited, one of India’s leading housing finance institutions and Standard Life Aberdeen plc (one of the world’s largest investment companies), initially through its wholly owned subsidiary The Standard Life Assurance Company and now through its wholly owned subsidiary, Standard Life (Mauritius Holdings) 2006 Limited.

Established in 2000, HDFC Life is positioned as a leading life insurer in India, offering a range of individual and group insurance solutions. Its portfolio comprises various insurance and investment products such as Protection, Pension, Savings, Income and Health. As on June 30, 2017, the Company offered 31 individual and 10 group products, along with 8 optional rider benefits catering to specific needs of customers during each stage of their lives.

HDFC Life is one of the leading long-term life insurance company that offers a range of individual and group insurance solutions that meet various customer needs such as Protection, Pension, Savings & Investment and Health, along with Children’s & Women’s Plans.

HDFC Standard Life IPO details
Subscription Dates 07 to 09 Nov 2017
Issue Price Rs. 275 – 290 Per Equity Share
Fresh issue Nil
Offer For Sale 299,827,818 Shares
Total IPO Size INR 7500 Crore (approx)
Minimum Lot Size (Bid) 50 Shares
Face Value Rs 10 Per Equity Share
Listing on BSE and NSE
Retail Allocation 35%

Book Running Lead Managers

  • Edelweiss Financial Services Limited
  • Haitong Securities India Private Limited
  • IDFC Bank Limited
  • IIFL Holdings Limited and UBS Securities India Private Limited
HDFC Standard Life IPO Allotment and Listing details
Allotment Date 14 Nov 2017
Refund Date 15 Nov 2017
Demat Account Credit Date 16 Nov 2017
Listing Date: 17 Nov 2017
Check Allotment Status: Click here..

Company Contact Information

HDFC Standard Life Insurance Company Ltd
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

HDFC Life IPO Registrar

Karvy Computershare Private Limited
Karvy House, 46, Avenue 4, Street No. 1,
Banjara Hills, Hyderabad – 500 034
Andhra Pradesh, India
Phone: +91-40-23312454
Fax: +91-40-23311968