HDFC Standard Life IPO Allotment Status

HDFC Life IPO Allotment

You know HDFC Standard Life IPO Allotment Status result will be coming soon. Probably you can check allotment status of HDFC standard Life insurance IPO on 14th November. Although in this article we shared all the details of HDFC Life IPO, subscription, company information and many more.

HDFC Standard Life IPO Allotment status

HDFC Standard Life IPO Summary

HDFC Standard Life IPO Particular
HDFC Standard Life IPO Start Date 07/11/2017
HDFC Standard Life IPO Close Date 09/11/2017
Face Value Rs.10 per share
Price band Rs.275 to 290 per share
HDFC Standard Life IPO Size 7500 crore (Approx)
HDFC Standard Life IPO Allotment Date 14/11/2017
Refund Date 15/11/2017
Listing Date 17/11/2017

Check Also: Mahindra Logistics IPO Status

About HDFC Standard Life IPO

An investment in our Equity Shares involves a high degree of risk. You should carefully consider the risks described below as well as other information as may be disclosed in this Draft Red Herring Prospectus before making an investment in our Equity Shares. The risks described in this section are those that we consider to be the most significant to our business, results of operations and financial condition as at the date of this Draft Red Herring Prospectus.

In addition, the risks set out in this section may not be exhaustive and additional risks and uncertainties not presently known to us, or which we currently deem to be immaterial, may arise or may become material in the future. If any or a combination of the following risks or other risks that are not currently known or are now deemed immaterial actually occur, our business, prospects, results of operations and financial condition could suffer, the trading price of the Equity Shares could decline and you may lose all or part of your investment.

HDFC Standard Life Insurance IPO

Unless specified in the relevant risk factor below, The Company are not in a position to quantify the financial implication of any of the risks mentioned below. Any potential investor in the Equity Shares should pay particular attention to the fact that we are subject to a regulatory environment in India which may differ significantly from that in other jurisdictions. In making an investment decision, prospective investors must rely on their own examinations of us on a consolidated basis and the terms of the Offer, including the merits and the risks involved.

Objects of HDFC Life IPO

The objects of the Offer are to achieve the benefits of listing the Equity Shares on the Stock Exchanges and to carry out the sale of Offered Shares by the Selling Shareholders. The listing of Equity Shares will enhance the “HDFC Life” brand name and provide liquidity to the existing Shareholders. The listing will also provide a public market for Equity Shares in India.

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Qualitative factors

Some of the qualitative factors which form the basis for computing the Offer Price are:

  • Strong parentage and a trusted brand that enhances our appeal to consumers
  • Strong financial performance defined by consistent and profitable growth
  • Growing and profitable multi-channel distribution footprint that provides market access across various consumer segments in India
  • Focus on customer centricity enabling growth across business cycles
  • Leading digital platform that provides a superior experience for customers and distributors
  • Independent and experienced leadership team

HDFC Standard Life IPO Subscription

You know how many times HDFC Standard Life IPO subscribes? If you don’t know then don’t worry here we shared all the details day by day. So you can check subscription of HDFC standard Life IPO.

Day Day 1 Day 2 Day 3
QIB 1.40 3.69 16.60
NII 0.22 0.49 2.29
RII 0.15 0.36 0.91
EMP 0.44 0.77 1.22
Total 0.45 1.18 4.89

Book Running Lead Managers For HDFC Life IPO

You know for HDFC Standard Life IPO there are approx 10 book running lead managers available. So we shared the list that:

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

HDFC Standard Life IPO Registrar

Karvy Computershare Private Limited

Karvy Selenium Tower B, Plot 31-32,

Gachibowli, Financial District, Nanakramguda

Hyderabad – 500 032

Andhra Pradesh, India

Telephone: +91 (40) 6716 2222

Facsimile: +91 (40) 2343 1551

Email: einward.ris@karvy.com

Website: https://karisma.karvy.com/

Investor Grievance ID:hdfclife.ipo@karvy.com

Contact Person: Mr. M. Murali Krishna

SEBI Registration No: INR000000221

HDFC Standard Life Company Information

HDFC Life is one of the leading long-term life insurance company that offers a range of individual and group insurance solutions that meet various customer needs such as Protection, Pension, Savings & Investment and Health, along with Children’s & Women’s Plans.

Registered Office Address

13th Floor, Lodha Excelus,

Apollo Mills Compound,

N.M. Joshi Marg, Mahalaxmi,

Mumbai – 400 011.

 Corporate Office:

12th, 13th, and 14th Floor,

Lodha Excelus, Apollo Mills Compound,

N.M. Joshi Marg,

Mahalaxmi,

Mumbai – 400 011

Final Words: HDFC Standard Life IPO Allotment Status

So we shared information on HDFC standard Life IPO allotment status, how many times HDFC Life IPO Subscribe, Financial summary of company, when allotment status of HDFC Life IPO and many more. At our website ipostatus you can check other IPO related information like how to check IPO status, Upcoming IPO, know your IPO status, etc. Visit our website regularly for check latest updates!

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