HDFC Life Insurance Company Ltd

UBS Securities India Pvt Ltd

Initial Public Offering of 299,827,818 equity shares* of face value of Rs. 10 each (equity shares) of HDFC Standard Life Insurance Company Limited (company or issuer) for cash at a price of Rs. 290 per equity share (including a share premium of Rs. 280 per equity share), aggregating to Rs. 8695 Crores* through an offer for sale of 191,246,050 equity shares by Housing Development Finance Corporation Limited and 108,581,768 equity shares by Standard Life (Mauritius Holdings) 2006 Limited (the promoter selling shareholders and such offering, the offer). The offer comprises a net offer to the Public of 266,895,517 equity shares* (net offer), a reservation of 2,144,520 equity shares^ (constituting 0.11% of the post offer paid up equity share capital) for purchase by the eligible HDFC LifeEmployees (as defined in definitions and abbreviations) aggregating to Rs. 62.19 Crores* (HDFC Life Employee Reservation Portion), reservation of 805,000 equity shares^ (constituting 0.04% of the Post offer paid up equity share capital^) for purchase by the eligible HDFC employees (as defined in definitions and abbreviations) aggregating to Rs. 23.35 Crores* (HDFC Employee Reservation Portion) and a reservation of 29,982,781 equity shares* (constituting 1.49% of the post-offer paid up equity share capital for purchase by eligible HDFC shareholders (as defined in definitions andabbreviations) for cash at a price of Rs. 290 per equity share aggregating to Rs. 869.50 Crores* (HDFC Shareholders Reservation Portion). The offer constitutes 14.92% of the fully diluted post-offer paid up equity share capital of the company, i.e., assuming exercise of all vested employee stock options and the net offer constitutes 13.28% of the fully diluted post-offer paid-up equity share capital of the company, i.e., assuming exercise of all vested employee stock options. The anchor investor offer price is Rs. 290 per equity share.*subject to finalisation of basis of allotmentThe face value of the equity shares is Rs. 10 each. The offer price is 29 times the face value of the equity shares

  • Issue

    • Opens On07 Nov 2017
    • Closes On09 Nov 2017
  • Money Payable On

    • Application290
    • Allotment0
  • Project Cost (Cr.)0
  • Post Issue Equity Share Capital (Cr.)2008.97
  • Issue Price (D)290

Further Multiples of: 50

Projects

  • Promoted By
    • Listing AtNSE
    • Registrar to the Issue - KFin Techologies Pvt Ltd

    13th Floor Lodha Excelus ApolloMills Compound Mahalaxmi Mumbai

    Maharashtra- 400011

    Phone - 91-22-67516666

    Fax - 91-22-67516861

    Email - investor.service@hdfclife.com

    Website - www.hdfclife.com

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