HDFC Standard Life IPO Dates, Price Band, Market Lot Details

IPO Initial Public Offerings
HDFC Standard Life ipo is coming in November. The insurance companies are not doing well in listing while GIC got some good news for HDFC Life as it came up from the low and hit the new high. Market is on a high and HDFC Life is coming up with IPO. We can see insurance companies are in a hurry but the expectations is not as per mark. SBI Life, ICICI Lombard was not able to get good return while GIC was on bottom on listing day but manage to close well. Let’s see how HDFC Life can come up and give good return to investors.

HDFC Standard Life IPO Review:

  • Apply for Long Term View

HDFC Standard Life IPO Dates & Price Band: (Approx)

  • IPO Open: 07-November-2017
  • IPO Close: 09-November-2017
  • IPO Size: Approx Rs. 7500 Crore (Approx)
  • Face Value: Rs. 10 Per Equity Share
  • Price Band: Rs. 275 to 290 Per Share
  • Listing on: BSE & NSE
  • Retail Portion: 35%
  • Equity: 29,98,27,818 Shares

HDFC Standard Life IPO Market Lot:

  • Shares: Apply for 50 Shares (Minimum Lot Size)
  • Amount: Rs. 14500

HDFC Standard Life IPO Allotment & Listing:

  • Basis of Allotment: 14-November-2017
  • Refunds: 15-November-2017
  • Credit to demat accounts: 16-November-2017
  • Listing: 17-November-2017

HDFC Standard Life Financial:
HDFC Life has good growing results. It seems it has good PAT and EPS as well as per DRHP. The things are looking good on paper. PAT is increased from 448 crore to 892 crore in last five years. Earning also doubled in five years to 30554 crore compare to 14016 crore in 2013. EPS is doubled too. So we can expect a good ipo is around the corner

      Financial Results (Rs. in Crore)
20172016201520142013
Earning3055418067270911729114016
PAT892818786725448
EPS4.44.13.93.62.2

Company Promoters:

  • Housing Development Finance Corporation Limited (“HDFC”)
  • Standard Life (Mauritius Holdings) 2006 Limited (“Standard Life Mauritius”)
  • Standard Life Aberdeen plc (“Standard Life Aberdeen”)

Quick Links:
DRHP Draft Prospectus

HDFC Standard Life IPO Registrar:
Karvy Computershare Private Limited
Phone: +91-40-23312454
Fax: +91-40-23311968
Email: [email protected]
Website: http://karisma.karvy.com
HDFC Standard Life IPO Lead Managers:

  • CLSA India Private Limited
  • Credit Suisse Securities (India) Private Limited
  • Edelweiss Capital Limited
  • Haitong Securities India Private Limited
  • HDFC Bank Limited
  • IDFC Bank Limited
  • IIFL Holdings Limited
  • Morgan Stanley India Company Pvt Ltd
  • Nomura Financial Advisory And Securities (India) Pvt Ltd
  • UBS Securities India Private Limited

Company Address:
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
Email: [email protected]
Website: https://www.hdfclife.com/

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