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ICICI Lombard General Insurance Company Ltd IPO (ICICI Lombard IPO) Detail

Sep 15, 2017 - Sep 19, 2017

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.

Competitive Strengths

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

Company Promoters:

The Promoter of the Company is ICICI Bank

Company Financials:

Summary of financial Information (Consolidated)
Particulars For the year/period ended (in Rs. million)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 48,885.8 35,445.0 32,414.2 25,070.8 20,290.5
Total Revenue 9,836.5 7,242.2 7,424.4 5,563.1 4,162.1
Profit After Tax 6,418.2 5,053.4 5,853.2 5,200.7 3,527.8

Objects of the Issue:

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 Detail:

  »»  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 Reviews:

  1. ICICI Lombard General Insurance Company Ltd IPO review by Dilip Davda

ICICI Lombard IPO Recommendations:

Capital Market Review
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Issue Subscription Detail / Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & TimeQIBNIIRIIOthersTotal
Shares Offered / Reserved16,386,96612,290,22528,677,1904,312,35961,666,740
Day 1 - Sep 15, 2017 17:00 IST0.62000.04000.18000.21000.2700
Day 2 - Sep 18, 2017 17:00 IST2.37000.10000.62000.58000.9800
Day 3 - Sep 19, 2017 17:00 IST8.17000.83001.23000.99002.9800

ICICI Lombard IPO Prospectus

ICICI Lombard IPO Rating

Rating:Rated 4.1 stars

Vote Here ...

ICICI Lombard IPO Listing Date

  •   ›  Listing Date: Wednesday, September 27, 2017
  •   ›  BSE Script Code: 540716
  •   ›  NSE Symbol: ICICIGI
  •   ›  Listing In: B Group of Securities
  •   ›  ISIN: INE765G01017
  •   ›  Issue Price: Rs 661 Per Equity Share
  •   ›  Face Value: Rs 10 Per Equity Share

Listing Day Trading Information

Issue Price:
Last Trade:
Rs 661.00
Rs 650.00
Rs 638.15
Rs 694.00
Rs 681.55
Rs 661.00
Rs 651.10
Rs 638.65
Rs 694.00
Rs 681.20

ICICI Lombard IPO News Alerts

  1. Wednesday, September 27, 2017 12:00:00 AM
    ICICI Lombard General Insurance Company Ltd IPO - Listing
  2. Tuesday, September 19, 2017 12:00:00 AM
    ICICI Lombard General Insurance Company Ltd IPO - Close
  3. Friday, September 15, 2017 12:00:00 AM
    ICICI Lombard General Insurance Company Ltd IPO - Open

Company Contact Information

ICICI Lombard General Insurance Company Ltd
ICICI Lombard House,
14, Veer Savarkar Marg, Near Siddhivinayak Temp.
Prabhadevi, Mumbai 400 025
Phone: +(91 22) 6196 1100
Fax: +(91 22) 6196 1323

ICICI Lombard IPO Registrar

Karvy Computershare Private Limited   »  Report
   Karvy House, 46, Avenue 4, Street No. 1,
   Banjara Hills, Hyderabad - 500 034
   Andhra Pradesh, India

Phone: +91-40-23312454
Fax: +91-40-23311968

ICICI Lombard IPO Lead Manager(s)

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ICICI Lombard IPO Review / Comments

856. IPO LEADER  Oct 24, 2017 11:03:40 PM IST I Like It. | Report Abuse Reply
800 will be by new year
855. gamble  Oct 17, 2017 5:33:50 PM IST I Like It. 3 | Report Abuse Reply
IPO Guru IPO Guru (1500+ Posts, 3000+ Likes)

Many[RII] have sold icici lombard on listing day other hv sold due to sequential ipo is about to come,
but kash hold kiye hote!!

Decisively up 10% in 20 days, or 0.5% each day.

Result update(YOY) :

EPS 4.5 vs 3.80
PAT 204cr vs 171cr(up 19%)

Going at perfect speed,''''within 1 month'''' task(task no 2) has completed today,only tgt remains is now 810 i.e (13 % upside pending ) and it has 340 days(i.e each day 27 paisa!!) , let see if can complete or not

Refer this 👇

20. gamble Sep 14, 2017 8:29:23 AM IST Reply
ICICI Lombard General Insurance Company Ltd IPO

... .... Lombard general insurance........

2018 estimated EpS = 18-19 => PE : 37

06,2017 Bv 86. 54 => P/B : 7.6


RONW = 18%

.....RII FORMS reqd near yes full allotment under RII category.

...... No actual comparable peer but compare with prudential

..... ........ Lombard

, PAT CaGr : 4% 16%
, P/Bv : 10x 7.6X
, PE(2018) 36 37

, PE(2020) 33 27

........ So imo lombard general insurance ipo is fairly(if not attractive) priced given MKt conditions. Pru is lagging in terms of financials.

.......... Pru. Vs lombard is just like iphn 8 vs 10.....but All want 10 despite of valuation.

...... So @40 PE = 720* rs(within 1 mnth tgt if not listing)

@45PE = 810*rs(till 1 yr after listing)

* in my opinion only

.. .. ConcL.. .... ..

Short-mid-long term investment may consider.
Listing gain should be more than ½ FD imo.

7 day 3.5% return kaun deta hai bhai?? Or
365 days 23% return kaun deta hai bhai?
854. Solution of Queries  Oct 17, 2017 4:45:49 PM IST I Like It. 1 | Report Abuse Reply
IPO Mentor IPO Mentor (900+ Posts, 1100+ Likes)
10% returns by ICICI GI in 20 days ....not a bad...evn soooo good if we consider full allotment received by bidders almost !!

853. gamble  Sep 28, 2017 10:20:18 AM IST I Like It. | Report Abuse Reply
IPO Guru IPO Guru (1500+ Posts, 3000+ Likes)
Strangely available below 670!!
But for how long?
853.5. gamble  Oct 16, 2017 9:36:42 PM IST I Like It. | Report Abuse
IPO Guru IPO Guru (1500+ Posts, 3000+ Likes)
@Djds tomorrow is the result, let''s hope for best. Tgt is much higher than 700.
853.6. Djds  Oct 17, 2017 2:08:13 PM IST I Like It. | Report Abuse
Gamble bhai ur target on icici lombard
852. govind sharma  Oct 9, 2017 3:26:37 PM IST I Like It. 6 | Report Abuse Reply
I have 10 shares of ICICI Bank since Aug 2017 and applied for ICICI Lombart IPO in shareholders category and got allotment too, But I do not know how will I get the benefits of shareholders category as full amount was deducted from my bank account after allotment without any discount.
Please help me to understand how will I get that benefit and when?
852.1. R.R.  Oct 16, 2017 7:18:25 PM IST I Like It. | Report Abuse
There was no discount given to ICICI Bank share holders. Only quota in allocation provided for them.
851. gnk  Oct 12, 2017 2:11:18 PM IST I Like It. | Report Abuse Reply
Hi experts, Where we can sell? Asking because this is near to 700 now..
851.1. Saamraje  Oct 16, 2017 11:41:20 AM IST I Like It. | Report Abuse
I got 39/44 shares against icici lombard ipo but remaining amount of 3305/- is credited to my account.
They told me to mail me the details but still not any reply..
Help me wayout the issue..
850. MyMohsin  Oct 6, 2017 3:49:32 AM IST I Like It. | Report Abuse Reply
All friends and Experts I really need your help as I am newbie to purchase ipo. I had applied for ICICI LOMBARD IPO through ABSA with my sbi bank account and I have received message for money hold for application to the ipo but when I asked to my broker (bonanza) about allotment he replied me that I hasn''t got and also instruct me to check on registrar "karvy" portal but when I am checking to in by my PAN and application it shows me Data not found and still I haven''t got my money back released in account am worried about my money stuck why it doesn''t realeased back to my account I need your help please tell me
849. gnk  Oct 5, 2017 11:46:14 AM IST I Like It. | Report Abuse Reply
Holding was a mistake? This got f**ked up today :|
849.1. Anarchist  Oct 5, 2017 10:17:55 PM IST I Like It. | Report Abuse
Its wither you and I as in the retail investors or karvy that will prevail. why do u think karvy allotted us so generously? why were they not so kind while allotting other issues? karvy cowards are scammers doing a con job. complaint against them its high time.
848. Solution of Queries  Oct 4, 2017 4:37:00 PM IST I Like It. 1 | Report Abuse Reply
IPO Mentor IPO Mentor (900+ Posts, 1100+ Likes)
Yes this stock also will range bound for some time , need to some good trigger for upmove in this counter.
847. Fakhru  Oct 4, 2017 3:13:11 PM IST I Like It. | Report Abuse Reply
Sold three lots at 682 today, after SBI falling don''t think this will hold for long.
846. HKAPADIA  Oct 3, 2017 10:58:12 AM IST I Like It. | Report Abuse Reply
846.1. gnk  Oct 3, 2017 11:12:02 AM IST I Like It. | Report Abuse
but its falling already! :(
845. phrao  Oct 1, 2017 2:21:17 PM IST I Like It. | Report Abuse Reply
It will trade 650_700 in Coming quarter.
So why block your investment?
Exit RII''S at this price
844. Subhash Challa  Sep 29, 2017 5:33:41 PM IST I Like It. | Report Abuse Reply
As of tomorrow can be the last day to see some major movements. If not tomorrow prepare for long term holding. Sold my at 685 to apply next ipo
844.1. gnk  Sep 29, 2017 10:31:21 PM IST I Like It. | Report Abuse
844.2. Subhash Challa  Sep 29, 2017 11:03:05 PM IST I Like It. | Report Abuse
Sorry yes Monday
843. Md Danish  Sep 29, 2017 4:27:42 PM IST I Like It. | Report Abuse Reply
Icici Lombard se kya ak acha returns ki umid kiya jasakta h kya 3 or 6 month me
842. HKAPADIA  Sep 29, 2017 11:18:32 AM IST I Like It. | Report Abuse Reply
841. R R Patel  Sep 28, 2017 9:27:56 PM IST I Like It. 1 | Report Abuse Reply
IPO Mentor IPO Mentor (500+ Posts, 2200+ Likes)
Showing strength again. Must hold for long term. I am holding 2 lot for long term.
840. gnk  Sep 28, 2017 4:26:42 PM IST I Like It. 1 | Report Abuse Reply
690 again. should we book partial profit?!
840.1. Arjun Bhalodia  Sep 28, 2017 5:11:07 PM IST I Like It. | Report Abuse
Wait tomorrow end

after 700 sell not hold
839. InvestorRD  Sep 28, 2017 2:45:33 PM IST I Like It. | Report Abuse Reply
what to do... to hold or sell...
838. Hiren K.  Sep 28, 2017 10:25:15 AM IST I Like It. | Report Abuse Reply
Dear investor, Nothing for short term on this stock. and for long term much more available than this stock in stock market. Price just hold by ICICI life & ICICI MF Fund. But not sustained more than 3-4 days. Then turn down.....
837. an Investor  Sep 27, 2017 1:18:43 PM IST I Like It. | Report Abuse Reply
Guys, little news from one of my friend who is from ICICI, He said that keep for 2 years, Will double.
I had 2 lots, 1 already sold but 1 I will keep for long term.
Just wanted to share this info
837.3. Shrewd Trader  Sep 27, 2017 4:46:22 PM IST I Like It. | Report Abuse
with war like situation again and again looming in, all general and life insurance company shall experience a downward drag !
837.4. NPT  Sep 28, 2017 2:57:09 AM IST I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
Chanda Kochar ko share market mein kal Kya hoga bhi malum nehin hey, do saal to bahut lambi samaya hey.
But my sense says that it will give decent returns in the long run.
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