HDFC Standard Life IPO Allotment Status Declared Soon

HDFC Life IPO Status

Hello Investors, Are you waiting for HDFC Standard Life IPO allotment status? Then don’t worry in this article we shared all the information related to allotment status of HDFC Life IPO, subscription, price band, company’s goal and vision, risk factor for HDFC Life IPO and more.

HDFC Standard Life Insurance IPO

HDFC Standard Life IPO Information

Here we shared information like key dates for HDFC Life IPO, when allotment of HDFC IPO, refund dates, listing date, price band, etc.

  • HDFC Life IPO Start Date: 07/11/2017
  • HDFC Life IPO Close Date: 09/11/2017
  • Price Band: Rs. 275 to 290 per share
  • Minimum Amount: 14500 Rs
  • Face Value: Rs.10 per Share
  • Share Lot: 50 share in 1 Lot
  • HDFC Life IPO Size: 8600 crore (Approx)
  • HDFC Life IPO Allotment Date: 14/11/2017
  • Refund Date: 15/11/2017
  • Listing Date: 17/11/2017

HDFC Standard Life IPO Subscription

You know how many times HDFC Standard Life IPO subscribes? If you don’t know then don’t worry here we shared all the details day by day. So you can check subscription of HDFC standard Life IPO.

Day Day 1 Day 2 Day 3
QIB 1.40 3.69 16.60
NII 0.22 0.49 2.29
RII 0.15 0.36 0.91
EMP 0.44 0.77 1.22
Total 0.45 1.18 4.89

About HDFC Standard Life IPO

BASIS FOR OFFER PRICE

The Offer Price will be determined by Company and the Selling Shareholders, in consultation with the Managers, on the basis of assessment of market demand for the Equity Shares offered through the Book Building Process and on the basis of quantitative and qualitative factors as described below. The face value of the Equity Shares is ` 10 each and the Offer Price is times the face value at the lower end of the Price Band and times the face value at the higher end of the Price Band.

Qualitative factors

Some of the qualitative factors which form the basis for computing the Offer Price are: a. Strong parentage and a trusted brand that enhances appeal to consumers b. Strong financial performance defined by consistent and profitable growth c. Growing and profitable multi-channel distribution footprint that provides market access across various consumer segments in India d. Focus on customer centricity enabling growth across business cycles e. Leading digital platform that provides a superior experience for customers and distributors f. Independent and experienced leadership team.

 Quantitative factors

The information presented below relating to Company is based on the standalone and consolidated Restated Financial Information. Some of the quantitative factors which may form the basis for calculating the Offer Price are as follows:

  1. Basic and diluted earnings per share (“EPS”)

On a Standalone Basis

  Basic EPS Diluted EPS Weight
March 31, 2017 4.5 4.4 3
March 31, 2016 4.1 4.1 2
March 31, 2015 3.9 3.9 1
Average 4.3 4.2  

 

On a Consolidated Basis

  Basic EPS Diluted EPS Weight
March 31, 2017 4.4 4.4 3
March 31, 2016 4.1 4.1 2
March 31, 2015 3.9 3.9 1
Average 4.2 4.2   

Risk Factor For HDFC Life IPO

An investment in Equity Shares involves a high degree of risk. You should carefully consider the risks described below as well as other information as may be disclosed in this Draft Red Herring Prospectus before making an investment in Equity Shares. The risks described in this section are those that we consider to be the most significant to business, results of operations and financial condition as at the date of this Draft Red Herring Prospectus.

HDFC Standard Life IPO Allotment status

In addition, the risks set out in this section may not be exhaustive and additional risks and uncertainties not presently known to us, or which we currently deem to be immaterial, may arise or may become material in the future. If any or a combination of the following risks or other risks that are not currently known or are now deemed immaterial actually occur, business, prospects, results of operations and financial condition could suffer, the trading price of the Equity Shares could decline and you may lose all or part of your investment. Unless specified in the relevant risk factor below, we are not in a position to quantify the financial implication of any of the risks mentioned below.

Any potential investor in the Equity Shares should pay particular attention to the fact that we are subject to a regulatory environment in India which may differ significantly from that in other jurisdictions. In making an investment decision, prospective investors must rely on their own examinations of us on a consolidated basis and the terms of the Offer, including the merits and the risks involved. Prospective investors should consult their tax, financial and legal advisors about the particular consequences of investing in the Offer.

Book Running Lead Managers For HDFC Life IPO

You know for HDFC Standard Life IPO there are approx 10 book running lead managers available. So we shared the list that:

  • 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 Limited
  • Edelweiss Financial Services Limited
  • Haitong Securities India Private Limited
  • IDFC Bank Limited
  • IIFL Holdings Limited
  • UBS Securities India Private Limited

HDFC Standard Life IPO Registrar

Karvy Computershare Private Limited

Karvy Selenium Tower B, Plot 31-32,

Gachibowli, Financial District, Nanakramguda

Hyderabad – 500 032

Andhra Pradesh, India

Telephone: +91 (40) 6716 2222

Facsimile: +91 (40) 2343 1551

Email: einward.ris@karvy.com

Website: https://karisma.karvy.com/

Investor Grievance ID:hdfclife.ipo@karvy.com

Contact Person: Mr. M. Murali Krishna

SEBI Registration No: INR000000221

Conclusion: HDFC Standard Life IPO Allotment Status

Hope you know all the information about HDFC Standard Life IPO allotment status. Check more IPO related new visit our website Know status regularly.

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