 "HDFC Life IPO: From anchor investment to market share, all you need to know")
HDFC Standard Life Insurance, one of the top three private life insurers in profitability, will open its Rs 8,700-crore initial public offering (IPO) today and close it on Thursday. This will be the fourth IPO of an HDFC arm.
The HDFC Life IPO is an offer for sale (OFS), consisting of 191,246,050 equity shares by HDFC Life and up to 108,581,768 equity shares by UK-based Standard Life.
The price band of the IPO has been fixed at Rs 275 to Rs 290 per equity share.
"The issue has been attractively priced for retail investors. I would say investors should not
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