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HDFC Standard Life IPO To Hit Market On November 7

At present, HDFC owns 61.41 per cent stake in HDFC Standard Life
At present, HDFC owns 61.41 per cent stake in HDFC Standard Life
New Delhi: HDFC Standard Life Insurance Company, a subsidiary of mortgage lender HDFC, today said its initial public offer (IPO) will hit the market on November 7.   The public issue comprises sale of 1,91,246,050 equity shares, amounting to 9.55 per cent stake, by HDFC Ltd and up to 1,08,581,768 scrips, or 5.42 per cent, holding by Standard Life Mauritius, according to a regulatory filing on stock exchanges.   "We further wish to in...
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