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HDFC Life IPO Details

Issue Open Nov 7, 2017
Issue Close Nov 9, 2017
IPO Price ₹290
Face Value ₹10
IPO Size ₹8,695.01 Cr
Listing At BSE, NSE
IPO Lot Size 50

HDFC Life IPO Date & Price

The HDFC Life IPO opens on Nov 7, 2017 and closes on Nov 9, 2017.

HDFC Life IPO timetable / schedule is as below:
  • Bid/Offer Opens On: Nov 7, 2017
  • Bid/Offer Closes On: Nov 9, 2017
  • Finalization of Basis of Allotment: Nov 14, 2017
  • Initiation of refunds: Nov 15, 2017
  • Credit of Equity Shares: Nov 16, 2017
  • Listing Date: Nov 17, 2017

HDFC Life IPO price is set at ₹290 per equity share.

HDFC Life IPO will close for subscription at 5 PM on Nov 9, 2017. But most brokers stop accepting application between 1 PM to 3 PM.

The HDFC Life IPO starts on Nov 7, 2017. The issue ends on Nov 9, 2017.

HDFC Life IPO Issue Size and Subscription Status

The HDFC Life IPO size is 299827818 Equity Shares of ₹10 aggregating up to ₹8,695.01 Cr.

HDFC Standard Life Insurance Company Ltd is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for HDFC Life IPO shares through the banks (using ASBA) or through the broker (using UPI).

HDFC Life IPO Offer Size

Qualified Institutional Buyers (QIB)53,379,158 Shares
Non-Institutional Investors (NII)40,034,328 Shares
Retail Individual Investor (RII)93,413,431 Shares
Employee Reservations2,949,520 Shares
Other Reservations29,982,781 Shares
Total Issue Size219,759,218 Shares

HDFC Life IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)16.60 times times
Non-Institutional Investors (NII)2.29 times times
Retail Individual Investor (RII)0.91 times times
Employee Reservations1.22 times times
Other Reservations times
Total Issue Size4.89 times times

Click here to check the HDFC Life IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in HDFC Life IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check HDFC Life IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

HDFC Life IPO Allotment and Listing

The HDFC Life IPO allot status will be available online on Nov 14, 2017. Check the HDFC Life IPO Allotment Status here.

Click here to check HDFC Life IPO Allotment Status.

HDFC Life IPO listing Date is Nov 17, 2017. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The HDFC Life IPO listing date and time is published by the exchange in a circular.

Click here to view the HDFC Life IPO Basis of Allotment.

It is hard to say at what price HDFC Life IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The HDFC Life IPO shares will list on Nov 17, 2017 at BSE, NSE.

HDFC Life IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about HDFC Life IPO which could help you with questions like HDFC Life IPO buy or not? You should also read HDFC Life IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

HDFC Life IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the HDFC Life IPO performance. The performance reports are available 1 day after listing.