HDFC Standard Life Insurance Company Ltd

HDFC Standard Life Insurance Company Ltd

Issue Open

Nov 07, 2017

Price Band

₹ 275 - ₹ 290

Issue Size

₹ 8,695.01 Cr

Credit of Shares to Demat


Issue Close

Nov 09, 2017

Bid Lot


Listing Exchange


Cut off time for UPI Mandate Confirmation


Issue Type

Book Built Issue IPO

Minimum Order Quantity


Allotment Details


Face Value

Rs 10 Per Equity Share

Listing On

Nov 17, 2017



About the company:

Introduction: HDFC Standard Life Insurance Company Ltd is a Mumbai headquartered life insurance provider in the country. HDFC leverages multi channel sales technique to a significant chunk of the pie. For this it employs more than 15400 people across the country. It has around 58150 agents to penetrate the market.

Date of Establishment: Company was formed in the year 2000. 

Product & Service Offering: The company offers following services in:

     - Protection, Pension, Savings & Investment and Health, along with Children's and Women's Plan

Customer Segment: Customer base comprises of retail and corporate clients.  

Promoters of HDFC Standard Life

     1. Housing Development Finance Corporation Limited  

     2. Standard Life (Mauritius Holdings) 2006 Limited ("Standard Life Mauritius"); and

     3. Standard Life Aberdeen plc .

Objects of the Issue: The key aim of the issue is to meet

     i) leverage the benefits of getting listed on exchanges

     ii) providing easy exit to current investors.  


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