Incorporated in 2000, HDFC Standard Life Insurance Company Ltd (HDFC Life) is Mumbai based life insurance provider in India. HDFC Life offers a wide range of individual and group insurance solutions including Protection, Pension, Savings & Investment and Health, along with Children’s and Women’s Plan.
HDFC Life is a joint venture between HDFC and Standard Life Aberdeen plc. HDFC is a leading financial service provider in India offering finance for housing, banking, life and general insurance, asset management, venture capital and education loans. Standard Life is an Edinburgh based investment company offering wide range of financial services across the globe. Standard Life is a public company established in 1825.
HDFC Life sells policies through a multi channel network. This includes direct sales through own branches, Insurance agents, Partner Banks and through other financial institutions. HDFC Life has over 414 branches and 15,406 full-time employees located across India. Company has over 58,147 individual agents.
HDFC Life IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹275 to ₹290 per equity share |
| Market Lot | 50 Shares |
| Min Order Quantity | 50 Shares |
| Listing At | BSE, NSE |
| BSE Script Code | 540777 |
| NSE Symbol | HDFCLIFE |
| ISIN | INE795G01014 |
| Issue Size | Aggregating up to ₹8,695.01 Cr |
| Offer for Sale | Aggregating up to ₹[.] Cr |
HDFC Life IPO Tentative Timetable
| PARTICULAR | DATE |
| IPO Open Date | 7-Nov-17 |
| IPO Close Date | 9-Nov-17 |
| Basis of Allotment Date | 14-Nov-17 |
| IPO Listing Date | 17-Nov-17 |
HDFC Life IPO Lot Size
| Application | Lots | Shares | Amount (Cut-off) |
| Minimum | 1 | 50 | ₹14,500 |
| Maximum | 13 | 650 | ₹188,500 |
IPO Allotment Status
Please Click Hare To Check IPO Allotment Status For HDFC Standard Life Insurance Company Ltd
Company Promoters:
The Promoters of the Company are:
- Housing Development Finance Corporation Limited (“HDFC”);
- Standard Life (Mauritius Holdings) 2006 Limited (“Standard Life Mauritius”); and
- Standard Life Aberdeen plc (“Standard Life Aberdeen”).
Objects of the Issue:
The objects of the issue 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.
Registrar & Company Details
| Company Contact Information | HDFC Life IPO Registrar |
| 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 Email: investor.service@hdfclife.com Website: https://www.hdfclife.com/ | KFintech Private Limited Selenium Building, Tower-B, Plot No 31 & 32, Financial District,Nanakramguda, Serilingampally, Rangareddi, Telangana India – 500 032. Phone: 1-800-3454001 Email: einward.ris@karvy.com Website: https://karisma.kfintech.com/ |
