HDFC Standard Life Insurance Company Limited IPO
Mainboard
₹ 14500 /50 Shares
07 Nov, 2017
Open Date09 Nov, 2017
Close Date15 Nov, 2017
Allotment Date17 Nov, 2017
Listing DateIPO Issue Details
- Issue Price Rs 275 - Rs 290 Per Equity Share
- Face Value Rs 10 Per Equity Share
- Issue Price 29,98,27,818 Equity Shares of Rs 10 aggregating up to Rs 8695.01 Cr
- Listing at NSE, BSE
- Lead Manager 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, Edelweiss Financial Services Limited, Haitong Securities India Private Limited, IDFC Bank Limited, IIFL Holdings Limited and UBS Securities India Private Limited
- Registrar Karvy Computershare Private Limited
IPO Details
- Retail Portion N/A
IPO Details
The IPO of is priced at ₹275 - 290 per equity share, which has a face value of Rs 10 Per Equity Share each, IPO bidding starts from Nov 7, 2017 and ends on Nov 9, 2017. The allotment for IPO will be finalized on Nov 15, 2017. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Nov 17, 2017. The company shall list its equity shares on the NSE, BSE. Karvy Computershare Private Limited is the registrar of the issue.
The book-running lead manager for the IPO is/are 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, Edelweiss Financial Services Limited, Haitong Securities India Private Limited, IDFC Bank Limited, IIFL Holdings Limited and UBS Securities India Private Limited.
The IPO sets its price band at 275 - 290 for each share. A single application for HDFC Standard Life Insurance Company Limited IPO must contain at least 50 shares.
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IPO Subscription Analysis And Details
| As on | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 5,33,79,158 | 4,00,34,328 | 9,34,13,431 | 21,97,59,218 |
|
Day 1
07-11-17
|
1.4 x | 0.22 | 0.15 x | 0.45 x |
|
Day 2
08-11-17
|
3.69 x | 0.49 | 0.36 x | 1.18 x |
|
Day 3
09-11-17
|
16.6 x | 2.29 | 0.9 x | 4.89 x |
Valuations
IPO - Issue Objectives
Offer for SaleCompany will not receive any proceeds from the Offer for Sale.
IPO - FAQs
Ans. HDFC Standard Life Insurance Company Limited IPO is a Mainboard IPO. The issue is priced at Rs 275 - Rs 290 Per Equity Share. The minimum order quantity is 50 Shares. The IPO opens on Nov 7, 2017, and closes on Nov 9, 2017. Karvy Computershare Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE, BSE.
Ans. The HDFC Standard Life Insurance Company Limited IPO opens on Nov 7, 2017 and closes on Nov 9, 2017.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of HDFC Standard Life Insurance Company Limited IPO is 29,98,27,818 Equity Shares of Rs 10 aggregating up to Rs 8695.01 Cr.
Ans. The HDFC Standard Life Insurance Company Limited IPO price band is set between Rs 275 - Rs 290 Per Equity Share.
Ans. To apply for HDFC Standard Life Insurance Company Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find HDFC Standard Life Insurance Company Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of HDFC Standard Life Insurance Company Limited IPO is Nov 15, 2017.
Ans. The HDFC Standard Life Insurance Company Limited IPO will be listed on Nov 17, 2017.
Ans. Follow the steps to check the HDFC Standard Life Insurance Company Limited IPO allotment status online.