HDFC Life Insurance Company - OFS
The Offer for sale for HDFC Life Insurance Company Limited issue is available today i.e 12th March 2019 for Non - Retail clients and on 13th March 2019 for Retail clients.
Category: Non Retail on 12th March 2019 till 3.25 PM - ( System Dependent)
Retail on 13th March 2019 till 3.00 PM - ( System Dependent)
Cut off Price for RIC Bids has been fixed at Rs 365.20 based on the clearing price of Non Retail Bids in HDFC LIFE INSURANCE COMPANY LTD
| HDFC LIFE INSURANCE COMPANY LTD | |
| Security Type | OFS |
| Symbol | HDFCLIFE |
| Issue Period | 12 Mar 2019 to 13 Mar 2019 |
| March 12th 2019 for Non Retail Investors and March 13th,2019 for Retail Investors and Non Retail Investors who choose to carry forward their bids | |
| StartTime | 10:00:00 AM |
| EndTime | 3:25:00 PM (System Dependent) |
| Face Value | 10 |
| Offer Size – No. of Shares | 7,00,00,000 |
| Base Offer Size – 7,00,00,000 shares and Additional Option to sell upto 2,95,00,000 shares ( Oversubscription Option ) Total Shares (Base Size + Green Shoe) 9,95,00,000. | |
| Offer Size for Retail Investors | 70,00,000 |
| Base Offer Size – 7,00,00,000 shares and Additional Option to sell upto 2,95,00,000 shares ( Oversubscription Option ) Total Shares (Base Size + Green Shoe) 9,95,00,000. | |
| Offer Size for Non Retail Investors | 6,30,00,000 |
| Base Offer Size – 6,30,00,000 shares and Oversubscription Option of 2,65,50,000 shares. Total Shares (Base Size + Green Shoe) 8,95,50,000 | |
| Floor Price | 357.5 |
| Lot Size | 1 |
| Minimum Bid Quantity | 1 |
| Maximum Bid Quantity | 7,00,00,000 |
| Allocation Methodology | Price Priority |
| Tick Price | 0.05 |
| ISIN No | INE795G01014 |
| Allocation Methodology | Price Priority |
| LTP | 375.5 |
| Selling Member | DSP Merrill Lynch Limited |
| Seller Promoter | Standard Life (Mauritius Holdings ) 2006 Limited |
How To Invest in OFS :
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