Initial Public Offering | Upcoming IPO in NSE & BSE Market India | IPO Allotment Status | Geojit
Main Menu
Home > IPO > IPO Synopsis
25 November 2017

IPO Synopsis

HDFC Standard Life Insurance Company Ltd
Registered Office: 13th Floor Lodha Excelus,ApolloMills Compound Mahalaxmi , Mumbai - 400011 , Maharashtra , India.
Phone : 91-22-67516666   Fax:91-22-67516861
Email :  investor.service@hdfclife.com  
Website :  www.hdfclife.com
Initial Public Offering of 299,827,818 equity shares* of face value of (Rs)10 each ("equity shares") of HDFC Standard Life Insurance Company Limited ("company" or "issuer") for cash at a price of (Rs)290 per equity share (including a share premium of (Rs)280 per equity share), aggregating to (Rs)8695 Crores* through an offer for sale of 191,246,050 equity shares by Housing Development Finance Corporation Limited and 108,581,768 equity shares by Standard Life (Mauritius Holdings) 2006 Limited ("the promoter selling shareholders" and such offering, "the offer"). The offer comprises a net offer to the Public of 266,895,517 equity shares* ("net offer"), a reservation of 2,144,520 equity shares^ (constituting 0.11% of the post offer paid up equity share capital) for purchase by the eligible HDFC Life Employees (as defined in "definitions and abbreviations") aggregating to (Rs)62.19 Crores* ("HDFC Life Employee Reservation Portion"), reservation of 805,000 equity shares^ (constituting 0.04% of the Post offer paid up equity share capital^) for purchase by the eligible HDFC employees (as defined in "definitions and abbreviations") aggregating to (Rs)23.35 Crores* ("HDFC Employee Reservation Portion") and a reservation of 29,982,781 equity shares* (constituting 1.49% of the post-offer paid up equity share capital for purchase by eligible HDFC shareholders (as defined in "definitions and abbreviations") for cash at a price of (Rs)290 per equity share aggregating to (Rs)869.50 Crores* ("HDFC Shareholders Reservation Portion"). The offer constitutes 14.92% of the fully diluted post-offer paid up equity share capital of the company, i.e., assuming exercise of all vested employee stock options and the net offer constitutes 13.28% of the fully diluted post-offer paid-up equity share capital of the company, i.e., assuming exercise of all vested employee stock options. The anchor investor offer price is (Rs)290 per equity share. *subject to finalisation of basis of allotment The face value of the equity shares is (Rs)10 each. The offer price is 29 times the face value of the equity shares

Issue Money Payable On
Opens On Closes On Application Allotment
07-Nov-17 09-Nov-17 (Rs)290.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :50  Further Multiples of :50

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
CLSA India Pvt Ltd
Project Financed through Current Offer 8695.00  
Post Issue Equity Share Capital 2008.97  
Issue Price (Rs)290.00  
 
Projects
No Data Found.
Promoted By
HDFC Ltd  
Std Life (Mauritius Holds)2006  
Standard Life Aberdeen PLC  
Listing At
BSE 
NSE 
Registrar to the Issue
Karvy Computershare Pvt Ltd 
 
Toll Free number: 1800-425-5501 / 1800-103-5501
FINANCIAL TOOLS