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

Vijay Prajapati
October 25, 2017

Vijay Prajapati

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)
	2017	2016	2015	2014	2013
Earning	30554	18067	27091	17291	14016
PAT	892	818	786	725	448
EPS	4.4	4.1	3.9	3.6	2.2

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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