Opening of ICICI Pru Life Insurance Company Ltd IPO - September 19, 2016
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ICICI Prudential
Life Insurance Company Limited is the largest private sector life insurer in
India by total
premium in fiscal 2016 and assets under management at March 31, 2016. It's a
joint venture between ICICI Bank Limited and Prudential Corporation Holdings
Limited, a part of the Prudential Group, an international financial services
group with GBP 509 billion of assets under management at December 31, 2015.
Company offer its customers a range of life insurance, health
insurance and pension products and services. Every fiscal year since
fiscal 2002, Company have consistently generated the most new business
premiums on a retail weighted received premium basis among all private sector
life insurers in India.
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Issue Details:
Issue
Period: Monday, September 19, 2016 - Wednesday, September 21, 2016
Price band: Rs. 300 -
Rs. 334Bid lot: 44 Equity Shares and in multiples
Mode of payment: ASBA
Mandatory ( No Cheque will be accepted)
Listing: BSE and NSE
Eligibility: Resident
Indian and Non Resident Indian (NRI)
Start September
19, 2016 End date September 21, 2016

2 Comments:
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