Business Standard

Thursday, December 19, 2024 | 03:17 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

ICICI Lombard General Insurance Company Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

5,700.94 cr

Price Range (₹)

661

Lot Size

22

Min Investment (₹)

14,542.00

Listing Exchange

MumbaiNSE

Open Date

15-Sept-2017

Close Date

19-Sept-2017

Listing Date

27-Sept-2017

Latest IPO News

    The Shares of ICICI Lombard General Insurance Company Ltd have now been listed.

    ICICI Lombard General Insurance Company Ltd IPO Details

    Public offer of 86,247,187* equity shares of face value of Rs. 10 each (equity shares) of ICICI Lombard General Insurance Company Limited (the company) for cash at a price of Rs. 661 Per equity share, through an offer for sale of 31,761,478* Equity shares by ICICI Bank Limited (ICICI Bank or the promoter selling shareholder) and 54,485,709* Equity shares by FAL Corporation (FAL or the investor selling shareholder and together with the promoter selling shareholder, the selling shareholders), aggregating to Rs. 5700.94* Crores (offer), including a reservation of 4,312,359* equity shares for purchase by ICICI Bank shareholders (as defined in definitions and abbreviations) for cash at a price of Rs. 661 perEquity share aggregating to Rs. 285.05* Crores (ICICI Bank shareholders reservation portion). The offer constitutes 19.00% of the post-offer paid-up equity share capital and the Net offer constitutes 18.05% of the post-offer paid-up equity share capital. The anchor investor offer price is Rs. 661 per equity share.* subject to finalisation of the basis of allotment.Anchor Investor offer price: Rs. 661 per equity share.The face value of the equity shares is Rs.10 each. The offer price is 661 per equity share and is 66.1 times the face value of the equity shares.

    Objective of issue

    ICICI Lombard General Insurance Company Ltd Contact Details

    ICICI Lombard General Insurance Company Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - investors@icicilombard.com

    Website - www.icicilombard.com