Exchanges
BSE, NSE
Industry
Life Insurance
Issue
Book building

HDFC Standard Life Insurance Co. IPO

₹344.60

+18.83% on listing

Listing-day close · NSE · 17 Nov 2017 · issue price ₹290

HDFC Standard Life Insurance Co.’s ₹8,695 crore IPO was priced at ₹290 a share. It listed on the NSE on 17 Nov 2017 and closed its first day at ₹344.60, up 18.83% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹8,695 Cr
Fresh issue
—
Offer for sale
₹8,695 Cr
Lot size
50 shares
Minimum investment
₹14,500
Face value
₹10
Registrar
Kfin Technologies

Subscription

HDFC Standard Life Insurance Co. IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—3.82×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹58,260 Cr
Promoter holding
95.97% → 81.04%

From the offer documents.

Listing

Listing date
17 Nov 2017
Issue price
₹290
Open
₹310.00
High
₹369.00
Low
₹307.00
Close
₹344.60

Listing day on the NSE. The close was +18.83% on the issue price.

HDFCLIFE share price today

FAQs

When did the HDFC Standard Life Insurance Co. IPO open and close?

It opened on 7 Nov 2017 and closed on 9 Nov 2017.

What was the HDFC Standard Life Insurance Co. IPO price?

The price band was ₹275–290 a share. The final issue price was ₹290.

What is the lot size and minimum investment?

One lot is 50 shares, ₹14,500 at ₹290 a share. Retail investors apply in whole lots.

How much did HDFC Standard Life Insurance Co. raise?

₹8,695 crore: ₹8,695 crore offered by existing shareholders.

How many times was the HDFC Standard Life Insurance Co. IPO subscribed?

3.82 times overall.

How did HDFC Standard Life Insurance Co. list?

It listed on the NSE on 17 Nov 2017 at ₹310.00 and closed the day at ₹344.60, up 18.83% on the ₹290 issue price.

Who is the registrar of the HDFC Standard Life Insurance Co. IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

Full disclaimer

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