ICICI Lombard New IPO Lunch At 15 September 2017 Hindi Me

ICICI Lombard IPO –

ICICI Lombard india ki ek largest private sector ki general insurance company hai. ICICI bank se related company hai. Aur is company ka IPO issue hone ja rha hai. Is company apne initial public offer me apne up to 8,62,47,187 equity share sell kr rhi hai. Ye bhaut hi accha share hai. Ye ek financial company hai. Aur is IPO ka subscription 15 september ko hoga.

IPO PIC

Is IPO me promoter ICICI bank ke through 3,17,61,478 equity shareo ki buy ke liye offer me apllicable hai. Investor fal corporation ke through 5,44,85,70,9 share tak ka benefits. Aur ICICIbank ke shareholders ke buy karne ke liye 43,12,359 equity share reserved hai. Aur iska IPO 19 september ko close hoga.

Is week me ke starting me ICICILombard general insurance ko IPO ke liye capital ke liye regulatory SEBI ke through approval mila. Jo country me normal, insurance company ke through first time hoga.

ICICI Lombard, ICICIbank aur Canada me placed Fairfax financial holding ki joint venture company hai.

July me SEBI ke pass draft red herring prospectus ki hisab se ICICI bank ki general insurance company me 62.95 % share holding hai. FAL me 21.29%, red bloom  investment me 9.01 % aur tamarind capital pte ltd 1.59 %.

Two government company general insurance corporation of india aur new india insurance company, aur do private life insurance company – SBI life aur HDFC standard life ne bhi IPO ka plan banyi hai. Aur SEBI se approval ka wating kar rhi hai.

IN ENGLISH REVIEW-

ICICI Lombard was the largest private-sector non-life insurer in India based on gross direct premium income in fiscal 2017, a position it has maintained since fiscal 2004 after being one of the first few private-sector companies to commence operations in the sector in fiscal 2001. It offers 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. The company was founded as a joint venture between ICICIBank Limited, India’s largest private-sector bank in terms of consolidated total assets with an asset base of INR9.9 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 USD43.38 billion of total assets at December 31, 2016.

Promoter of ICICI Lombard General Insurance Company – ICICI Bank Limited 

ICICI Lombard IPO details
Subscription Dates
15 – 19 September 2017
Price Band
INR651 – 661 per share
Fresh issue
Nil
Offer For Sale
86,247,187 shares (INR5,614.7 – 5,700.9 crore)
Total IPO size
86,247,187 shares (INR5,614.7 – 5,700.9 crore)
Minimum bid (lot size)
To be updated
Face Value 
INR10 per share
Retail Allocation
35%
Listing On
NSE, BSE
ICICI Lombard’s financial performance (in INR crore)
FY2013
FY2014
FY2015
FY2016
FY2017
Total revenue
4,487.4
5,028.4
5,044.8
5,804.2
7,180.5
Operating income
302.6
412.8
558.4
482.0
667.0
Profit after tax
380.1
551.5
585.8
504.1
622.1

VALUATION OF ICICI LOMBARD IPO (BASED ON LATEST FY) –

Earnings Per Share (EPS): INR13.81

Price/Earnings (P/E) ratio: 47.14 – 47.86

Return on Net Worth (RONW): 17.82%

Net Asset Value (NAV): INR82.57 per share

ICICILombard IPO Subscription Details

Category Shares offered Subscription (no. of times) 
Day 1 Day 2 Day 3
QIB
NII
Retail
ICICI Bank shareholders
Total

 

ICICI LOMBARD IPO ALLOTMENT STATUS –

ICICI Lombard IPO allotment status will be available on Karvy Computershare’s website. Click on this link to get allotment status. You can also check allotment status using application number on this link.

LISTING PERFORMANCE OF LOMBARD IPO –

IPO Opening Date: 15 September 2017

IPO Closing Date: 19 September 2017

Finalisation of Basis of Allotment: 22 September 2017

Initiation of refunds: 25 September 2017

Transfer of shares to demat accounts: 26 September 2017

Listing Date: 27 September 2017

Listing Price on NSE: To be updated

Closing Price on NSE: To be updated

ICICILOMBARD CONTACT DETAILS –

ICICILombard General Insurance Company Limited 
15th Floor, Tower B, Peninsula Business Park,
Lower Parel, Mumbai 400 013

Phone: +91 22 6196 1100
Fax: +91 22 6196 1323
Email: investors@icicilombard.com
Website: www.icicilombard.com

REGISTRAR OF ICICILOMBARD IPO –

Karvy Computershare Private Limited
Karvy Selenium Tower B, Plot 31-32,
Gachibowli, Nanakramguda,
Hyderabad – 500 032, Telangana

Phone: +91 40 6716 2222 
Fax:
 +91 40 2343 1551 
Email:
 icicilombard.ipo@karvy.com
Website: www.karvycomputershare.com

YE BHI PAHDE –

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AGAR APKO MERA POST ACCHA LGA TO JARUR LIKE KARE, COMMENT KARE, SHARE KARE AUR KOI QUERY HO TO AAP MUJHE MAIL KAR SAKTE HAI.

THANK YOU.

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