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The IPO will consist of a fresh offer of Rs 500 crore and an offer for sale of 141.2 million shares
IndiaFirst Life insurance entered the insurance industry in 2009 as the 23rd private sector life insurance company
IndiaFirst will be the fourth private sector life insurer to get listed on the bourses
At Rs 1,345 crore of individual NB-APE, the company is the fastest-growing private life insurer in the country, IndiaFirst Life claimed
Market movement will depend on the extent of the second wave and also the period for which it lasts, says Dr Poonam Tandon of IndiaFirst Life Insurance
Investors should focus on the company prospects, its fundamentals and valuations and not be concerned with primary or secondary issue, says Poonam Tandon of IndiaFirst Life
The firm ended September with a whopping 56% growth when the industry de-grew at 3%
Deal could be valued at Rs 700 cr; Analysts say this could be seen as a direct impact of the recently-announced mega-mergers of 10 state-run banks into four
Company bullish on micro insurance space served by its 'Insurance Khata' Plan
Business Standard sent an email query to Warburg Pincus and will update the article as and when replies are received
This is the fourth consecutive year of declaring profits for the company, since inception in 2009, it said in a release