Incorporated in 2000, ICICI Lombard General Insurance Company Ltd founded as a joint venture with ICICI Bank Limited, is engaged in providing various general insurance products and services in India. They mainly offers fire, engineering, hull, aviation, motor, casualty, health, travel, energy, personal accident, marine, liability, home, rural, and credit insurance products and services.
They also provides reinsurance, insurance claims management, and investment management services. They were the largest private sector non life insurer in India based on gross direct premium income in fiscal 2017. They offer comprehensive and well diversified range of products including motor,health, crop/weather, fire, personal accident, marine, engineering
and liability insurance through multiple distribution channels.
They provide services to conglomerates, small and medium enterprises, state and central governments or government-owned enterprises, rural customers, and individual customers through various channels, such as agents, brokers, bancassurance, telesales, direct alliances and online platforms.
1. Consistent market leadership and demonstrated growth
2. Diverse product line with multi - channel distribution network
3. Robust risk selection and management framework
4. Focus on investments in technology and innovation
The Promoter of the Company is ICICI Bank
|Particulars||For the year/period ended (in Rs. million)|
|Profit After Tax||6,418.2||5,053.4||5,853.2||5,200.7||3,527.8|
The objects of the Offer are:
1. To achieve the benefits of listing the Equity Shares of the Company on the Stock Exchanges;
2. To carry out the sale of up to 86,247,187 Equity Shares by the Selling Shareholders; and
3. Enhance the “ICICI Lombard” brand name and provide liquidity to the existing shareholders.
»» Issue Open: Sep 15, 2017 - Sep 19, 2017
»» Issue Type: Book Built Issue IPO
»» Issue Size: 86,247,187 Equity Shares of Rs 10 aggregating up to Rs 5,700.94 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 651 - Rs 661 Per Equity Share
»» Market Lot: 22 Shares
»» Minimum Order Quantity: 22 Shares
»» Listing At: BSE, NSE
ICICI Lombard IPO Subscription Status tells if ICICI Lombard IPO subscribed or not. Investors can bid for IPO shares between 10 AM to 5 PM when public issue is open. ICICI Lombard IPO oversubscribed if bids are received for more shares than what is offered by the company.
|Number of Times Subscribed (BSE + NSE)|
|As on Date & Time||QIB||NII||RII||Others||Total|
|Shares Offered / Reserved||16,386,966||12,290,225||28,677,190||4,312,359||61,666,740|
|Day 1 - Sep 15, 2017 17:00 IST||0.6200||0.0400||0.1800||0.2100||0.2700|
|Day 2 - Sep 18, 2017 17:00 IST||2.3700||0.1000||0.6200||0.5800||0.9800|
|Day 3 - Sep 19, 2017 17:00 IST||8.1700||0.8300||1.2300||0.9900||2.9800|
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