Bajaj Electricals Limited is engaged in engineering and projects; power distribution, illumination and consumer durables businesses.It has a range of domestic and kitchen appliances comprising water heaters, room heaters, coolers, irons, mixers, induction cookers, toasters, kettles, microwave, rice cookers, gas stoves, non-electrical kitchen aids and pressure cookers.It offers ceiling, table, pedestal, wall, fresh air and industrial fans, and lighting solutions, such as light sources, light emitting diode-based lighting products, domestic luminaires, torches and lanterns.

Key Highlights of Company Business

Segments and ProductsThe Company's business segments consist of Lighting; Consumer Durables; Engineering & Projects, The Lighting segment includes lamps, tubes and luminaries.The Consumer Durables segment includes appliances and fans.The Engineering & Projects segment includes transmission line towers, telecommunications towers, highmast, poles and special projects.The Others segment includes diecasting and wind energy.

HDFC Standard Life Insurance Company Ltd ( HDFC LIFE ) IPO Review

HDFC Standard Life Insurance Company Ltd IPO is set to open for subscription on November 7, with a price band of Rs 275-290 per share.

“HDFC Life has better margins and ROEV than IPRU (ICICI Prudential).This is mainly because HDFC Life has a larger share of traditional product mix compared to ULIPs, which is essentially a low-margin business,” said analysts from Macquarie Research.

Check Full Comparison of Life Insurance IPO’s Below

Company Details : HDFC Standard Life Insurance Company Ltd (HDFC Life) offers a wide range of individual and group insurance solutions including Protection, Pension, Savings & Investment and Health, along with Children’s and Women’s Plan.HDFC Life has over 414 branches and 15,406 full-time employees located across India. Company has over 58,147 individual agents.

HDFC Life is a joint venture between HDFC and Standard Life Aberdeen plc. HDFC is a leading financial service provider in India offering finance for housing, banking, asset management,life and general insurance, venture capital and education loans. Standard Life is an Edinburgh based investment company offering wide range of financial services across the globe. Standard Life is a public company established in 1825.

HDFC Standard Life Insurance Company Ltd IPO Details:

Issue Open: Nov 7, 2017 – Nov 9, 2017
Issue Type: Book Built Issue IPO
Issue Size: 299,827,818 Equity Shares of Rs 10 aggregating up to Rs 8,695.01 Cr
› Offer for Sale of 299,827,818 Equity Shares of Rs 10 aggregating up to Rs [.] Cr
Face Value: Rs 10 Per Equity Share
Issue Price: Rs 275 – Rs 290 Per Equity Share
Market Lot: 50 Shares
Minimum Order Quantity: 50 Shares
Listing At: BSE, NSE

Objects of the Issue :-

- To achieve the benefits of listing the Equity Shares on the Stock Exchanges and
- To carry out the sale of Offered Shares by the Selling Shareholders.

Strengths of Company

1. Experienced Leadership
2. Trusted brand
3. Leading digital platform that provides a superior experience for customers and distributors

Risk Factors / Reasons not to invest in a HDFC Standard Life Insurance Company Ltd IPO

Quiet Debut by Insurance IPO’s in recent past

HDFC Standard Life Insurance Company Ltd IPO review

HDFC Standard Life Insurance Company Ltd IPO Grey market premium on 30th october is Rs. 18-20

Added Disclaimer : We are not involve in buying and selling of IPO forms in IPO Grey market.Study the fundamentals of the company before applying for the IPO.

Comparison of Life Insurance IPO’s