HDFC Life Insurance Company Share Price

HDFC Life Insur.

CMP as on 06-Dec-21 12:04

₹ 685.95
-5.00 -0.72%


₹ 691.00

Turnover (lac)

₹ 3,035

Prev. Close

₹ 690.95

Day's Vol (shares)

₹ 4,42,493

Day's Range (₹)

₹ 685.20
₹ 693.75

CMP as on06-Dec-21 12:03

₹ 686.15
-4.55 -0.66%


₹ 694.75

Turnover (lac)

₹ 295

Prev. Close

₹ 690.70

Day's Vol (shares)

₹ 22,504

Day's Range

₹ 685.40
₹ 694.75

CMP as on 06-Dec-21 12:04

₹ 687.60
-4.35 -0.63%


₹ 691.05

Open Interest(Contracts)

₹ 1,81,44,500


₹ 690.71

Day's Vol (shares)

₹ 5,44,500

Day's Range (Ex.Dt. 30 Dec 2021)

₹ 687.00
₹ 696.05

HDFC Standard Life Insurance Company Limited was incorporated as a public limited company at Mumbai on 14th August, 2000. The Company obtained the certificate of commencement of business on October 12, 2000. Further, the Company obtained its certificate of registration from Insurance Regulatory and Development Authority of India (IRDAI) to undertake the life insurance business on 23rd October, 2000.HDFC Standard Life is one of the most profitable life insurers, based on Value of New Business (VNB) margin. Besides consistently being among the top three private life insurers in terms of profitability based on VNB margin, the company has also consistently been among the top three private life insurers in terms of market share based on total new business premium. HDFC Standard Life was the first private sector life insurer to obtain registration from the IRDAI and was established as a joint venture between HDFC (one of Indias leading housing finance institutions) and Standard Life Aberdeen plc (one of the worlds largest investment companies), initially through its wholly owned subsidiary The Standard Life Assurance Company and now through its wholly owned subsidiary, Standard Life Mauritius. Currently, the Company has 413 branches across India. The Company has a broad, diversified product portfolio covering five principal segments across the individual and group categories, namely participating, non-participating protection term, non-participating protection health, other nonparticipating and unit-linked insurance products. The Product portfolio comprises 35 individual and 11 group products, as well as eight optional rider benefits. In 2003, HDFC Standard Life crossed 1 lakh policies and 10,000 individual agents. During the year, the company entered into distribution tie-ups with HDFC Bank and other banks. In 2004, the company launched unit linked products. During the year, the company entered into distribution tie-up with Saraswat Co-operative Bank Limited. In 2007, HDFC Standard Life crossed the 5 lakh policy milestone. In 2010, HDFC Standard Lifes total assets under management (AUM) crossed Rs 20000 crore.In Fiscal 2012, the Company established a wholly-owned subsidiary, HDFC Pension, to operate the pension fund business under the National Pension System. HDFC Pension is the second largest private pension fund management company in India in terms of assets under management and subscribers in Fiscal 2017. HDFC Standard Life turned profitable in fiscal 2012 and registered a profit of Rs 271 crore. In December 2013, the company declared a maiden dividend. In 2014, the companys AUM crossed Rs 50000 crore mark.In 2016, HDFC Standard Lifes total premium crossed the Rs 16000 crore mark. During the year, Standard Life Mauritius increased its stake in HDFC Standard Life Insurance Company from to 35% from 26%. In Fiscal 2016, The Company established a first international subsidiary in the UAE, HDFC International, to operate the reinsurance business. HDFC International has signed reinsurance treaties for two distinct lines of individual life business and entered into arrangements to offer reinsurance for group and credit life schemes. The Company expects the pension and reinsurance business to help them diversify its sources of revenue and profitability in future. On 31 July 2017, HDFC Standard Life Insurance Company and Max Group entities called off proposed merger of their life insurance businesses as the parties were unable to obtain the requisite regulatory approvals to consummate the merger. Earlier, on 8 August 2016, HDFC Standard Life Insurance Company and Max Group Entities had announced the merger of their life insurance businesses through a composite scheme of arrangement and had entered into certain definitive agreements to implement the same subject to satisfaction of various conditions, including the receipt of necessary approvals.On 21/08/2017 the company filed Draft Red Herring Prospectus and on 27/10/2017 filed Red Herring Prospectus with SEBI for raising Rs. 8695 cr. The Issue dates were from 07/11/2017 to 09/11/2017 with Price Band of Rs. 275 to Rs. 290. The Issue got subscribed 3.83 times leading to its Issue Price being fixed at Rs. 290. The Shares got listed in BSE and NSE on 17/11/2017 at Rs. 311 which is 7.24% above Issue Price.

  • Chairman

    Deepak Parekh
  • Nominee

    Keki Mistry.
  • Nominee

    Renu S Karnad
  • Independent Director

  • Independent Director

    Prasad Chandran
  • Independent Director

    Sumit Bose
  • Independent Director

    Ranjan Mathai
  • Independent Director

    Ketan Dalal
  • Managing Director

    Vibha Padalkar
  • Company Secretary

    Narendra Gangan
  • Whole-time Director

    Suresh Badami
  • Independent Director

    Bharti Gupta Ramola

Registered Office

13th Floor Lodha Excelus,
ApolloMills Compound Mahalaxmi,Mumbai,


Karvy Selenium Tow-B,