ICICI Lombard General Insurance Company Ltd IPO

ICICI Lombard General Insurance Company Ltd

Issue Open

Sep 15, 2017

Price Band

₹ 651 - ₹ 661

Issue Size

₹ 5,700.94 Cr

Credit of Shares to Demat

-

Issue Close

Sep 19, 2017

Bid Lot

22

Listing Exchange

BSE, NSE

Cut off time for UPI Mandate Confirmation

-

Issue Type

Book Built Issue IPO

Minimum Order Quantity

22

Allotment Details

-

Face Value

Rs 10 Per Equity Share

Listing On

Sep 27, 2017

Refunds

-

About the company:

Introduction: ICICI lombard general insurance is a mumbai based general insurance company. ICICI lombard was founded as the JV with ICICI bank in 2000

Date of Establishment: Company was formed in the year 2000. 

Product & Service Offering: ICICI lombard offers fire, engineering, hull, aviation, motor, casualty, health, travel, energy, personal accident, marine, liability, home, rural, and credit insurance products and services.

Customer Segment: The company serves   to conglomerates, small and medium enterprises, state and central governments or government-owned enterprises, rural customers, and individual customers through various distribution channels.

Promoters of ICICI Lombard: The Promoter of the Company is ICICI Bank

Objects of the Issue: The object of the issue is to

     i) leverage the benefits of getting listed on exchanges

     ii) providing easy exit to current investors.

     iii) to enhance the brand image and brand equity

Company Financials:

Summary of financial Information (Consolidated)
Particulars For the year/period ended (in Rs. million)
  31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 48,885.8 35,445.0 32,414.2 25,070.8 20,290.5
Total Revenue 9,836.5 7,242.2 7,424.4 5,563.1 4,162.1
Profit After Tax 6,418.2 5,053.4 5,853.2 5,200.7 3,527.8

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