HDFC Standard Life Insurance Company Ltd

HDFC Standard Life Insurance Company Ltd


HDFC Standard Life insurance company Ltd ipo

(Issue open 7 Nov 2017 to 9 Nov 2017)

COMPANY PROMOTER

 

      1.  Housing Development Finance Corporation Limited ( HDFC)

   2. Standard Life (Mauritius Holdings) 2006 Limited (“Standard Life Mauritius”)

      3. Standard Life Aberdeen plc (“Standard Life Aberdeen”)

 

LEAD MANAGERS


       1.  CLSA India Private Limited

       2.  Credit Suisse Securities (India) Private Limited

       3.  Edelweiss Capital Limited 

       4. Haitong Securities India Private Limited

       5. HDFC Bank Limited

       6.  IDFC Bank Limited

       7. IIFL Holdings Limited

       8. Morgan Stanley India Company Pvt Ltd

       9. Nomura Financial Advisory And Securities (India) Pvt Ltd

      10. UBS Securities India Private


 REGISTRAR TO THE ISSUE


  Ø  Karvy Computershare Private Limited         

 

 OBJECT OF THE OFFER


 The objects of the issue are:

       1.  To achieve the benefits of listing the Equity Shares on the Stock Exchanges.

       2.  To carry out the sale of Offered Shares by the Selling Shareholders.


      KEY FEATURES


       1.  Incorporated in 2000.

       2. HDFC Standard Life Insurance Company Ltd (HDFC Life) is Mumbai based life insurance provider in India.

    3. HDFC Life offers a wide range of individual and group insurance solutions including Protection, Pension, Savings & Investment and Health, along with Children's and Women's Plan.

      4. HDFC is a leading financial service provider in India offering finance for housing, banking, life and general insurance, asset management, venture capital and education loans.

     5. HDFC Life has over 414 branches and 15,406 full-time employees located across India. Company has over 58,147 individual agents.


Risk Factor

  Ø  This being the first public issue of our Company, there has been no formal market for the Equity Shares.

  Ø  Investments in equity and equity-related securities involve a degree of risk and investors should not invest any funds in the Offer unless they can afford to take the risk of losing their investment.

 

COMPANY FINANCIAL 

 (Rs in millions)       

PARTICULARS

June 30 2017(Quater

ended) 

Mar 31 2017

Mar 31 2016

Mar 31 2015

EQ CAPITAL

19,988.5

19,984.8

19,952.9

19,948.8

Reserve & Surplus

21,273.3

18,079.0

11,545.5

5,489.8

TOTAL REVENUE

64,873.5

305,544.2

180,664.5

270,906.2

Profit After Tax

3,163.6

8,921.3

8,184.0

7,855.1

BORROWINGS

549,212.2

538,004.9

457,270.2

449,203.5

IPO DETAILS

Issue open & close

7 Nov to 9 Nov 2017

Issue type

Book Built Issue IPO

Issue size(in shares)

299,827,818

Issue Size (in crores)

 86,950,067,220

Number of appl for retails

          -

Face value

Rs 10 Per equity share

Issue price (in Rs)

 Rs 275- Rs 290 Per equity Share

Minimum order qty

50 Shares

Listing at

NSE,BSE

 





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