Issue Price
₹661
Per Share
GMP
NIL
Grey Market
Est. Listing
₹661
Expected Price
Min. Application
₹29,084
2 lots × 22 shares
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, engineeringand 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 Strengths1. Consistent market leadership and demonstrated growth2. Diverse product line with multi - channel distribution network3. Robust risk selection and management framework4. Focus on investments in technology and innovation
ICICI Lombard General Insurance Co.Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 86,247,187 | 100.00% | ₹5,700.94 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 22 | ₹14,542 |
| Retail (Max) | 13 | 286 | ₹189,046 |
| sNII (Min) | 14 | 308 | ₹203,588 |
| bNII (Min) | 69 | 1,518 | ₹1,003,398 |
| Particulars | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue from Operations | 983.65 | 724.22 | 742.44 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 641.82 | 505.34 | 585.32 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 4888.58 | 3544.50 | 3241.42 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |