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Sunday, November 22, 2009

HDFC Standard Life may come up with an IPO next year

HDFC Standard Life Insurance Co. Ltd., a private sector insurance company in India, plans to come out with an Initial Public Offer (IPO) somewhere in the next financial year. However, the precise timing of the IPO has not been determined as yet.

HDFC Standard Life Insurance Co. Ltd. is a joint venture between Housing Development Finance Corporation Limited (HDFC Limited) - India's leading housing finance institution, and a Group Company of the Standard Life Plc, UK. The Company is one of leading private insurance companies, offering a range of individual and group insurance solutions, in India.

Stay tuned to Indian IPO Blog for more on HDFC Standard Life IPO!
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