07 Nov 2017 HDFC Standard Life Insurance IPO

The IPO of HDFC Life opens today and closes on November 9th. The company is offering shares in the price band of Rs 275 to Rs 290. The public offer comprises of 29,98,27,818 equity shares aggregating to Rs 8695 crores at the upper end of the price band.

Issue details
IPO size: Rs Rs 8695 crores at the upper price band
Face value: Rs 10
Retail portion: 35%
Lot size: 50 shares and in multiples thereafter
Maximum subscription amount: Rs.2,00,000
Listing on: both NSE and BSE

IPO timetable
Basis of allotment 14 Nov
Unblocking of funds 15 Nov
Credit to demat accounts 16 Nov
Listing on stock exchanges 17 Nov

To apply for an IPO follow these steps: http://bit.ly/ZIPOapplication
Keep track of all the upcoming IPOs here: http://bit.ly/upcomingipos
Allotment details can be checked here: http://bit.ly/ipostatuscheck