News From Press HDFC Standard Life IPO at ₹275-290 a share; issue opens on November 7

HDFC Standard Life IPO at ₹275-290 a share; issue opens on November 7

Source: Business Line Oct 27, 2017

HDFC Standard Life Insurance Company, a subsidiary of mortgage lender HDFC, has fixed price of ₹275 to ₹290 a share for its initial public offering. The issue will be open for subscription between November 7 and 9.

The minimum bid lot has been fixed at 50 equity shares and further shares can be subscribed in multiples of 50, said HDFC in a statement on Thursday.

The issue will be open for anchor investors on November 6, it added.

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