HDFC Life Insurance Company Limited

CLOSED

OFS · IPO Guide

Floor Price

₹390

Lot Size

1Shares

Min. Investment

₹390

Subscription

3.44x

Expert Rating

Company has very strong financials and brand name, difference between CMP and floor price is around 3-4%, so we suggest SUBSCRIBE for this OFS.

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Disclaimer

No financial information whatsoever published herein, should be construed as an offer to buy or sell securities, or as information to make investment decisions, or as an official confirmation of any transaction. All matter published herein is purely for educational and informational purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions.

Start Date	May 03, 2019
Close Date	May 06, 2019
Offer Size	—
Offer Size for Retail Investors	Base Offer Size 0 shares
Offer Size for Non Retail Investors	Base Offer Size 0 shares
Face Value	Rs 10/- Per Equity Share
Floor Price	Rs 390/- Per Equity Share
Lot Size	1
Tick Price	0.05
Min Bid Quantity	1
Allocation Methodology	Price Priority
Non Retail Clearing Price	Rs 410.05/-
Retail Clearing Price	Rs 410.05/-
Selling Member	DSP Merrill Lynch Limited
Seller Promoter	Dr. Anil Jindal, Mr. Sunil Jindal, Mr. Bishan Bansal, Mr. Raju Bansal, BTL Industries Limited, BTL Portfolio Limited

HDFC Life Insurance Company Limited

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