The Rs 400-crore IPO opened on September 13, with a price band of Rs 245 to Rs 250 per share.1
The company is set to raise Rs 400-crore with a price band of Rs 245 to Rs 250 per share.
In an interview to CNBC-TV18, Santosh Singh, Head of Research-India at Haitong Securities spoke at length about SBI Life's IPO. He also shared his views on Bharat Financial Inclusion and IndusInd Bank deal.
This would be the second listing of a life insurer after ICICI Prudential Life Insurance, which went public last year.
Company's consolidated revenue from operations increased sharply from Rs 214.26 crore in FY14 to Rs 1,157 crore in FY17.
IIFL Private Wealth feels unlike developed countries, there's a huge demand for matchmaking within communities/castes in India.
ICICI Lombard General Insurance is all set for its Dalal Street debut this week. CNBC-TV18's Ritu Singh caught up with ICICI Lombard’s chairperson Chanda Kochhar.
The initial public offer (IPO) of Matrimony.com, which runs online match-making portals, will be open from September 11-13.
The public issue comprised of fresh issue up to Rs 130 crore and an offer for sale of up to 37,67,254 equity shares.
Little over 22.93 lakh shares would be allotted to 10 anchor investors, including Goldman Sachs, Small Cap World Funds, HDFC Trustee Company and Baring Private Equity India AIF.
ICICI Lombard will become the first general insurer to go public
In an interview with Moneycontrol's M Saraswathy, Bhargav Dasgupta, MD & CEO, ICICI Lombard General Insurance talks about the listing and strategies going forward.
The initial public offering (IPO) rush continues on Dalal Street. Matrimony.com's IPO opens on September 11th and the company plans to raise Rs 500 crore via the IPO. In an interview to CNBC-TV18, Murugavel Janakiraman, Founder and MD of the company spoke at length about their IPO.
Watch accompanying video of Chanda Kochhar, CEO of ICICI Bank speaking at ICICI Lombard's initial public offering (IPO) press conference.
The reserved portion of qualified institutional investors saw subscription of 134.66 times while the portion set aside for retail investors has been oversubscribed 10.60 times and non-institutional investors 345.61 times.
The Rs 600-crore IPO has oversubscribed 1.18 times on Thursday, as per data available on the National Stock Exchange.
The IPO will involve 120 million secondary shares, or 12 percent of the insurer's equity capital.
ICICI Lombard General Insurance Company will launch its initial public offer of up to 8,62,47,187 equity shares on September 15.
The initial public offering (IPO) of Dixon Technologies opens up for subscription. The company looking to raise about Rs 600 crore.
The very first reason for avoiding the issue is its weak financials and the second prominent reason is its valuations, which are high compared to listed peers, analysts said.
The company expects to raise Rs 60 crore from the primary round of equity sale and Rs 540 crore from offer for sale.
Madhya Pradesh Today Media intends to raise Rs 14.16 crore through public issue of 21,46,500 equity shares at a price of Rs 66 per share.
Listing of Reliance General Insurance is expected to be completed in FY18, the company said.
Brokerages largely remain positive on the issue and recommend subscribing to it from a long term perspective. Moneycontrol takes a look at what brokerages are saying.