ICICI Lombard IPO: Fairfax, ICICI Bank to sell at least 20% stake
Fairfax to sell 13%, ICICI Bank at least 7% in ICICI Lombard’s IPO, the first public listing by a general insurance firm in India
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OLD POSTS
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
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.
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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It , appears some shares of ICICI Lombard are available for Buying / Selling ( Please Recheck ) with Dealers of Rare Indian Shares.
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