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HDFC Standard Life Insurance Company Ltd

Add to Calendar 2017-11-07 12:00 AM 2017-11-09 12:00 AM Asia/Kolkata HDFC Standard Life Insurance Company Ltd HDFC Standard Life Insurance Company Ltd India

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.  

Issue Detail

  • Issue Open: Nov 07, 2017
  • Issue Close: Nov 09, 2017
  • Issue Type: Book Built Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 275 - Rs 290 Per Equity Share
  • Bid Lot:50 Shares
  • Minimum Order Quantity:50 Shares
  • Listing At: BSE, NSE
  • Issue Size: Rs 8,695.01 Cr

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