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ICICI Lombard General Insurance Company

Description They were the largest private-sector non-life insurer in India based on gross direct premium income in fiscal 2017, a position they have maintained since fiscal 2004 after being one of the first few private-sector companies to commence operations in the sector in fiscal 2001. they offer their customers a 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 were founded as a joint venture between ICICI Bank Limited, India largest private-sector bank in terms of consolidated total assets with an asset base of ₹ 9.9 trillion at March 31, 2017, and Fairfax Financial Holdings Limited, a Canadian based holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management with US$43.38 billion of total assets at December 31, 2016. they believe that the non-life insurance sector in India holds significant growth potential because of its under-penetration and low insurance density compared with other economies. More »

Address ICICI Lombard House 414,Veer Savarkar Marg Prabhadevi , Mumbai , Maharashtra , India. Pincode : 400025

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  • < 0.5X Under Subscribed
  • 0.5-2X Moderately Subscribed
  • >2XOver Subscribed

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  • ‹ 2X Under Subscribed
  • 2-3X Moderately Subscribed
  • 2-10X Over Subscribed
  • ‹ 12x Heavily Subscribed

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Retail Subscritption Poll Results

Total Subscritption Poll Results

Number of Times Issue is Subscribed (BSE + NSE)

As on Date QIB NII RII EMP Total
19-Sep-2017 8.93 0.83 1.23 2.98
18-Sep-2017 2.37 0.10 0.62 0.98
15-Sep-2017 0.62 0.04 0.18 0.27

Issue Terms

Issue price / Floor Price (Rs) 651-661
Application per share (Rs) 661.00
Minimum investment amount (Rs) 14,542.00
Minimum bid (no of shares) 22
Maximum Shares for Retail 286

Issue Date and Size

Issue opens 15-Sep-17
Issue closes 19-Sep-17
Listing on BSE,NSE
Issue size (Rs cr) 5614.69-5700.94
Mkt cap at issue price (Rs cr) N.A.

Lead Managers & Registrar

Lead Manager E-mail
CLSA India Pvt Ltd N.A.
Registrar Karvy Computershare Pvt Ltd
E-mail N.A.

Shares on Offer

Shares on Offer Lakhs
Total shares offered 86,247,187.00
Of above, offered to public N.A.
Post-issue shares N.A.
Post-issue promoters' holding(%) N.A.

Company Financials (Rs cr)

Financials Crore
No of months N.A.
Turnover N.A.
Net profit / (loss) N.A.
Borrowings N.A.

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