Sunday, September 18, 2016

Opening of ICICI Pru Life Insurance Company Ltd IPO - September 19, 2016





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.

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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