ICICI Lombard General Insurance Co.Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 40,967,413 (48%) | — | ₹270,795 Cr |
| NII (HNI) | — | 12,290,225 (14%) | — | ₹81,238 Cr |
| Retail | — | 28,677,190 (33%) | — | ₹189,556 Cr |
| Σ Total | — | 86,247,187 (100%) | — | ₹5,700,939 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 22 | ₹14,542 |
| Retail (Max) | 13 | 286 | ₹189,046 |
| S-HNI (Min) | 14 | 308 | ₹203,588 |
| B-HNI (Min) | 67 | 1,474 | ₹974,314 |
Financial Statements Amount in Crore
| Metric | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue | 984 | 724 | 742 |
| Profit After Tax | 642 | 505 | 585 |
| Total Assets | 4,889 | 3,545 | 3,241 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
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Company Overview
Incorporated in 2000, ICICI Lombard General Insurance Company Ltd founded as a joint venture with ICICI Bank Limited, is engaged in providing various general insurance products and services in India. They mainly offers fire, engineering, hull, aviation, motor, casualty, health, travel, energy, personal accident, marine, liability, home, rural, and credit insurance products and services.
They also provides reinsurance, insurance claims management, and investment management services. They were the largest private sector non life insurer in India based on gross direct premium income in fiscal 2017. They offer 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 provide services to conglomerates, small and medium enterprises, state and central governments or government-owned enterprises, rural customers, and individual customers through various channels, such as agents, brokers, bancassurance, telesales, direct alliances and online platforms.
Competitive Strengths
1. Consistent market leadership and demonstrated growth
2. Diverse product line with multi - channel distribution network
3. Robust risk selection and management framework
4. Focus on investments in technology and innovation