ICICI Lombard IPO Allotment Status


You heard about ICICI Lombard IPO? If you don’t know about ICICI Lombard General Insurance IPO then don’t worry here we will give you all the detail information on ICICI Lombard IPO price band, share lot, allotment status of ICICI Lombard IPO, subscribers, allotment date, etc.


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ICICI Lombard IPO Issue Details

Issue Open– 15, sept, 2017

Issue Close– 19, Sept, 2017

Price Band– Rs. 651 to Rs. 661

Lot Size– 22

Issue Size– Rs. 5614.69 Cr to Rs. 5700 Cr

Face Value–  Rs 10 Per equity Share

ICICI Lombard IPO Tentative Schedule

Issue Open– 15 sept, 2017

Issue Close– 19 Sept, 2017

Allotment of Share– 23 Sept, 2017

Trading Commencement– 27 Sept, 2017

ICICI Lombard is joint venture of ICICI Bank and Fairfax Financial holdings. ICICI Bank and Fairfax dilute 19 percent stake in ICICI Lombard. IPO is being carried out through Offer For Sale (OFS) Route. After Issue Fairfax holding will come down to 9.91 percent from 21.9 percent, and holding of ICICI Bank come down to 55.95 percent from 62.95 percent. Also you can know Capacit’e IPO allotment status at our website.

About ICICI Lombard Company

Company was incorporated at Mumbai on 30, October, 2000 as ICICI Lombard General Insurance Company. ICICI Lombard General Insurance Company Provides Protection Solution to Business, Personal and Project Liabilities. ICICI Lombard Company offers Travel Insurance, Two Wheeler Insurance, Car Insurance, Health Insurance, Home Insurance, Business Insurance, Rural Insurance.

ICICI Lombard provide general insurance solutions to secure you and your family against unexpected and untoward events. With ICICI Lombard, you can avail protection solutions for business, personal and project liabilities across rural as well as urban areas in India.

ICICI Lombard IPO Allotment Status

Travel Insurance

ICICI Company travel insurance provides coverage of medical and non-medical emergency during journey.

Two Wheeler Insurance

ICICI Lombard two wheeler insurance provides following coverages:

  • Loss and Damage to Vehicle against natural calamities and man-made calamities
  • Personal Accident Cover
  • Third Party Legal Liabilities

Car Insurance

ICICI Lombard car insurance provides following coverage:

  • Loss and Damage to Vehicle against natural calamities and man-made calamities
  • Personal Accident Cover
  • Third Party Legal Liabilities

Health Insurance

ICICI Lombard Health Insurance provides plan complete health insurance to family, health booster that provides topup facility.

Home Insurance

ICICI Lombard Home Insurance plan provides coverage to structure of home and content of home.

Business Insurance

ICICI Lombard Business insurance products are fire insurance, marine insurance, industrial insurance, corporate insurance, liability insurance and event insurance.

Rural Insurance

ICICI Lombard rural insurance plan for farmers with products health insurance of farmer and family, tractor insurance, weather insurance.

According to company ICICI Lombard IPO is leading private sector company in non-life insurance sector and in India penetration and density of non-life insurance is very low compare , so scope of growing of business is high.

ICICI Lombard Company Competitive Strength

  • Consistent market leadership and demonstrated growth
  • Diverse product line with multi-channel distribution network
  • Delivering excellence in customer value
  • Robust risk selection and management framework
  • Focus on investments in technology and innovation
  • Strong investment returns on a diversified portfolio
  • Superior operating and financial performance
  • Experienced senior management team and enabling work culture

Objects of the Offer

The objects of the Offer are to achieve the benefits of listing the Equity Shares of our Company on the Stock Exchanges and to carry out the sale of up to 86,247,187 Equity Shares by the Selling Shareholders. The listing of the Equity Shares will enhance the “ICICI Lombard” brand name and provide liquidity to the existing shareholders. The listing will also provide a public market for the Equity Shares in India. Our Company will not receive any proceeds from the Offer.

ICICI Lombard Financial Sheet

Particulars                                       As At (Rs in Millions)
31,March,2017 31,March,2016 31,March,2015 31,March,2014
Asset 48888.1 35644.5 32626.4 25278.0
Total Income 9836.5 7242.2 7424.4 5563.1
Profit Before Tax 8801.2 7048.0 7050.7 5334.4
PAT 6221.0 5040.7 5858.2 5514.8
Basic EPS (10 Rs Face Value) Rs 13.88 Rs 11.28 Rs 13.16 Rs 12.40

Global Co-ordinators and Book Running Lead Managers

  • DSP Merrill Lynch Limited
  • ICICI Securities Limited
  • IIFL Holdings Limited

Book Running Lead Managers  of ICICI Lombard IPO    

  • CLSA India Private Limited
  • Edelweiss Financial Services Limited
  • JM Financial Institutional Securities Limited

Registrar to the Offer

Karvy Computershare Private Limited

Karvy Selenium Tower B, Plot 31- 32 Gachibowli, Financial District Nanakramguda

Hyderabad 500 032

Website: www.karisma.karvy.com

Conclusion of ICICI Lombard IPO

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