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ICICI Lombard General Insurance Company Ltd IPO

Add to Calendar 2017-09-15 12:00 AM 2017-09-19 12:00 AM Asia/Kolkata ICICI Lombard General Insurance Company Ltd IPO ICICI Lombard General Insurance Company Ltd India

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

Issue Detail

  • Issue Open: Sep 15, 2017
  • Issue Close: Sep 19, 2017
  • Issue Type: Book Built Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 651 - Rs 661 Per Equity Share
  • Bid Lot:22 Shares
  • Minimum Order Quantity:22 Shares
  • Listing At: BSE, NSE
  • Issue Size: • Rs 5,700.94 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved 16,386,966 12,290,225 28,677,190 - 4,312,359 61,666,740
Day 1 - Sep 15, 2017IST 0.6200 0.0400 0.1800 - 0.2100 0.2700
Day 2 - Sep 18, 2017IST 2.3700 0.1000 0.6200 - 0.5800 0.9800
Day 3 - Sep 19, 2017IST 8.1700 0.8300 1.2300 - 0.9900 2.9800

Listing Day Trading Information

- BSE NSE
Issue Price Rs 661.00 Rs 661.00
Open Rs 650.00 Rs 651.10
Low Rs 638.15 Rs 638.65
High Rs 694.00 Rs 694.00
Last Trade Rs 681.55 Rs Rs 681.20
Volume 5,912,496 34,610,637

ICICI Lombard General Insurance Company Ltd Red Herring Prospectus

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