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.
Number of Times Subscribed (BSE + NSE) | |||||||
---|---|---|---|---|---|---|---|
As on Date & Time | QIB | NII | RII | Employee | Others | Total | |
Shares Offered / Reserved | 53,379,158 | 40,034,328 | 93,413,431 | 2,949,520 | 29,982,781 | 219,759,218 | |
Day 1 - Nov 07, 2017IST | 1.4000 | 0.2200 | 0.1400 | 0.4400 | 0.0700 | 0.4600 | |
Day 2 - Nov 08, 2017IST | 3.6900 | 0.5000 | 0.3600 | 0.7700 | 0.1500 | 1.1700 | |
Day 3 - Nov 09, 2017IST | 16.5975 | 2.2852 | 0.9084 | 1.2222 | 0.2919 | 4.8925 |
- | BSE | NSE |
---|---|---|
Issue Price | Rs 290.00 | Rs 290.00 |
Open | Rs 311.00 | Rs 310.00 |
Low | Rs 307.65 | Rs 307.00 |
High | Rs 369.00 | Rs 369.00 |
Last Trade | Rs 344.25 | Rs 344.60 |
Volume | 21,416,667 | 168,836,552 |
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