Hdfc Standard Life

HDFC AMC falls 5% as Standard Life's OFS begins

Standard Life Investments, one of the promoters in HDFC AMC, is looking to offload up to 2.82 per cent stake in the company through OFS, which opened today and will close Thursday.

Standard Life to sell 2.23% stake in HDFC AMC via OFS mechanism

Besides, there will be an option to additionally sell up to 38.5 lakh equity shares, amounting to 1 .81 per cent stake of the fund house

Standard Life sells about 5% stake in HDFC Life Insurance for Rs 5,752 cr

As of September 2019, Standard Life held 19.69 per cent equity stake in HDFC Life. Post the bulk deal, Standard Life's stake will drop to 14.73 per cent

HDFC Standard Life appoints Vibha Padalkar as CEO, Executive Director

HDFC Standard Life is the top performing listed insurance company in the country

HDFC Standard Life's margin profile improving, Q4 net profit rises 40%

Rising share of protection products to boost profitability, earnings: Analysts

HDFC Standard Life up 11% in three days; hits highest level since listing

The stock rallied 5% to Rs 429 on Monday, extending its 6% gain in past two trading days on BSE.

Retail investors miss rally in HDFC Standard; stock up 35% to issue price

The stock hit an intra-day high of Rs 391, rallied 35% against its issue price of Rs 290 per share.

HDFC Standard Life promoters to dilute upto 15% stake through IPO

The promoters of private life insurer HDFC Standard Life Insurance would dilute upto 14.92 per cent of their stakeholdings through the IPO which would open from November seven and continue till November nine. While HDFC would dilute its stake from 61.2 per cent to 51.7 per cent, the other promoter UK-based Standard Life's holdings would go down from 35 per cent to 29.35 per cent, an official of the company said. ED and CFO of HDFC Standard Life Vibha Padalkar said that although the IPO was in the form of offer for sale (OFS), the company would gain from maintaining corporate governance rules rigorously. The IPO would also help the company in fixing the share-swap ratio in the event of a possible M&A activity. At the top of the price band of Rs 290 per share, the promoters were expected to rake in around Rs 8700 crore. She said that the company was having enough capital to sustain growth in its business for the moment. HDFC Standard Life was among the top three private

HDFC Standard Life's Rs 8,700-cr IPO price band fixed at Rs 275-290

The issue opens on November 7 and will close on November 9