HDFC Standard Life IPO – Issue Information *(Tentative)*
Issue Opens on: 07 November 2017
Issue Closes on: 09 November 2017
Issue Type: Book Built Issue IPO
Issue Size: 29,98,27,818 Equity Shares
Face Value: Rs 10 per Equity Share
Issue Price: Rs.245 – Rs.250 per Equity Share *(Assumed)*
Market Lot: 60 shares
Listing At: NSE, BSE
Equity Shares outstanding prior to the Issue = 2,00,89,73,222 Equity Shares
Offer for Sale of 29,98,27,818 Equity Shares @upper price band = Rs.7495.70 Crores
Equity Shares outstanding after the Issue = 2,00,89,73,222 Equity Shares
Category-wise Break up:.
Anchor – 8,00,68,654 Shares = 2001.72Crs
QIB – 5,33,79,104 Shares = 1334.48Crs
NII – 4,00,34,328 Shares = 1000.86Crs
RII – 9,34,13,431 Shares = 2335.34Crs (Lot size: 60 = 15,56,891 Forms)
HDFC Life Empl. – 21,44,520 Shares = 53.61Crs
HDFC Empl. – 8,05,000 Shares = 20.13Crs
HDFC Shareholders – 2,99,82,781 Shares = 749.57Crs
Total Issue – 29,98,27,818 Equity Shares = 7495.70Crs.
Subscription required for 1X
RII = 15,56,891 Forms
NII = 1000.86 Crs
Interest cost @5%p.a. for 7days = 23.973paise for 1X