The announcement was made after market hours on Friday, 18 August 2017.

Meanwhile, the S&P BSE Sensex was down 175.99 points or 0.56% at 31,348.69

On the BSE, 46,000 shares were traded on the counter so far as against the average daily volumes of 3.14 lakh shares in the past one quarter. The stock had hit a high of Rs 1,745.25 and a low of Rs 1,730 so far during the day. The stock had hit a record high of Rs 1,799 on 1 August 2017 and a 52-week low of Rs 1,185 on 5 December 2016.

The large-cap company has equity capital of Rs 318.65 crore. Face value per share is Rs 2.

HDFC Standard Life Insurance Company, a material subsidiary of HDFC has on Friday, 18 August 2017 filed a draft red herring prospectus with Securities & Exchange Board of India for an initial public offer of up to 29.98 crore shares of Rs 10 each representing 14.97% of the paid-up equity capital of HDFC Standard Life Insurance Company through an offer for sale of 19.12 crore equity shares by HDFC and 10.86 crore equity shares by Standard Life (Mauritius Holdings).

HDFC had on 14 August 2017 said that consequent to the approval of the National Company Law Tribunal, the Insurance Regulatory and Development Authority of India has granted its final approval for the merger of HDFC ERGO General Insurance Company, a subsidiary of the company and L&T General Insurance Company.

HDFC's net profit fell 16.84% to Rs 1555.74 crore on 3% fall in total income to Rs 8141.76 crore in Q1 June 2017 over Q1 June 2016.

HDFC is India's first retail housing finance company and is currently one of the largest originators of housing loans in the country.

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Housing Development Finance Corporation announced that HDFC Standard Life Insurance Company (HDFC Life), subsidairy of the Corportion has on 18 August 2017, filed a draft red herring prospectus with the SEBI for a public offer of upto 29,98,27,818 equity shares of Rs 10 each of HDFC Life representing 14.97% of the issued and paid up equity share capital, for cash, through an offer of sale of 19,12,46,050 equity shares by the Corporation and 10,85,81,768 equity shares by Standard Life (Mauritius Holdings) 2006, representing 9.55% and 5.42% respectively.

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The announcement was made after market hours on Monday, 14 August 2017. The stock market was shut yesterday, 15 August 2017 on account of Independence Day holiday.

Meanwhile, the S&P BSE Sensex was down 31.18 points or 0.1% at 31,417.85.

On the BSE, 14,000 shares were traded on the counter so far as against the average daily volumes of 2.88 lakh shares in the past one quarter. The stock had hit a high of Rs 1,758.35 and a low of Rs 1,719.50 so far during the day. The stock had hit a record high of Rs 1,799 on 1 August 2017 and a 52-week low of Rs 1,185 on 5 December 2016.

The stock had outperformed the market over the past one month till 14 August 2017, advancing 4.01% compared with the Sensex's 1.79% fall. The stock had also outperformed the market over the past one quarter, gaining 10.69% as against the Sensex's 4.18% rise. The scrip had also outperformed the market over the past one year, advancing 24.36% as against the Sensex's 11.71% rise.

The large-cap company has equity capital of Rs 318.65 crore. Face value per share is Rs 2.

HDFC said that consequent to the approval of the National Company Law Tribunal, the Insurance Regulatory and Development Authority of India on 14 August 2017 has granted its final approval for the merger of HDFC ERGO General Insurance Company, a subsidiary of the company and L&T General Insurance Company.

On consolidated basis, HDFC's net profit fell 2.3% to Rs 2733.87 crore on 6.9% growth in total income to Rs 14463.01 crore in Q1 June 2017 over Q1 June 2016.

HDFC is India's first retail housing finance company and is currently one of the largest originators of housing loans in the country.

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Housing Development Finance Corporation has allotted 3,73,680 equity shares pursuant to exercise of options under ESOS. Post the allotment, the paid up equity capital of the company stands at 159,32,73,460 equity shares of Rs 2 each.

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