June 06, 2017

ICICI Lombard General Insurance IPO

There will be no fresh issue of shares ,only disinvestment by existing Promoters


The secondary market value of general insurer ICICI Lombard is 30 per cent higher than the Warburg Pincus deal which valued the insurer at Rs 20,000 crore, ET reported last week. 

The general insurer, planning to be the first to be listed, is fetching a premium because those with Esops are selling shares at  .. 


http://economictimes.indiatimes.com/markets/ipos/fpos/icici-bank-to-sell-stake-in-general-insurance-arm-via-ipo/articleshow/59000222.cms


.http://www.moneycontrol.com/news/business/icici-lombard-picks-bofa-merill-lynch-i-sec-as-advisors-for-ipo-source-2297747.html

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