July 12, 2017

ICICI Lombard Gen Insurance IPO in Pipeline

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

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It , appears some shares of ICICI Lombard are available for Buying / Selling ( Please Recheck ) with Dealers of Rare Indian Shares.

ICICI Lombard shares gain traction in grey market as IPO nears

Lombard's share price has surged to Rs 550 per share, from Rs 450 a week ago


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