HDFC Standard Life Insurance Company IPO (HDFC LIfe IPO) is scheduled for November 7, 2017 with a Issue price Rs. 275-290, Issue size of worth Rs. 8695 Cr & lot size for this IPO is 50 shares. The issue mandates all investors to apply through ASBA i.e. Application supported by Blocked amount only. The maximum application amount for retail investor stood at Rs. 2 lacs. HDFC Standard Life Insurance Company IPO allotment status would be available soon after the IPO closure date. Usually the allotment comes within a week from the closing date which in this IPO yet to be announced.
The company was incorporated on August 14, 2000 at Mumbai, India. This is one of the famous and well established private life insurers in India. It caters various products portfolio covering five principal segments across the individual and group categories, namely participating, non-participating protection term, non-participating protection health, other nonparticipating and unit-linked insurance products. HDFC Standard life has 66,372 individual agents along with 414 branches across India.
Summary Of Issue:
|Issue Open:-||November 7, 2017 – November 9, 2017|
|Issue Type||Book Built Issue IPO|
|Issue Size (Shares)||299,827,818 Equity Shares|
|Issue Size in (Value)||8695.01 Crore|
|Face Value||Rs. 10 Per Equity Share|
|Issue Price||Rs. 275 – Rs. 290 Per Equity Shares|
|Market lots||50 Shares|
|Minimum Order Quantity||50 Shares|
|Listing At||BSE, NSE|
Important dates for HDFC Standard Life Insurance Company IPO Allotment Status
- The Allotment date for HDFC Standard Life Insurance Company IPO issue is expected to be November 14, 2017.
- The amount will get unblocked on November 15, 2017.
- The Shares are expected to credited in DP accounts on November 15, 2017.
- The Shares of HDFC Standard Life Insurance Company are likely to be listed November 16, 2017 on both BSE and NSE.
HDFC Standard Life Insurance Company IPO Allotment Status
One can check the allotment on the given below link with PAN number or Application number or DP Client Id. All you need to do is to follow these steps:-
- Click on the given link See Allotment Status here
- Go to Application Status
- Select IPO as HDFC Standard Life Insurance Company IPO
- Enter your PAN Number or Application Id or DP Client Id.
It takes little time to fetch information so you need to be little patient.
To Download Application Form click here