Richer Investor

Hello Friends, Another IPO, another insurance company. I guess India is offloading all its insurance company shares in the market. Today’s IPO to be discussed is HDFC Life Insurance Company Ltd. The company is promoted by Housing Development Finance Corporation Limited, Standard Life (Mauritius Holdings) 2006 Limited And Standard Life Aberdeen Plc. Lets first look at the basics. Particulars Details Company Name HDFC Life Insurance Company Ltd Issue Open Date 07 th Nov 2017 Issue Closing Date 09 th Nov 2017 Issue Price Band Rs 275 to Rs 290 Issue Size Rs 8695.01 Crs Shares per Lot 50 Shares A bout the company!!! The company is in the business of life insurance. But along with life insurance it also provides Health insurance, Investment plans, retirement plans etc. It’s a part of HDFC. HDFC Life is one of the most

Hello Friends, Another IPO of November. This time its Khadim’s India Ltd. More and more IPOs are coming up. Its been a while since we saw a footwear company coming in. Lets look into this one. The IPO we are talking about today is Khadim’s India Ltd. Lets first look at the basics. Particulars Details Company Name Khadim’s India Ltd Issue Open Date 2 nd Nov 2017 Issue Closing Date 6 th Nov 2017 Issue Price Band Rs 745 to Rs 750 Issue Size Rs 543.06 Crs Shares per Lot 20 Shares About the company!!! The Company is one of the leading footwear brands in India, with a two-pronged focus on retail and distribution of footwear. It is the second largest footwear retailer in India in terms of number of exclusive retail stores operating under the ‘ Khadim’s ’ brand, with the largest presence in East India and one of the top three players in South India, in fiscal 2016