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

 

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