Incorporated in 2000, ICICI Lombard General Insurance Company Ltd founded as a joint venture with ICICI Bank Limited, is engaged in providing various general insurance products and services in India. They mainly offers fire, engineering, hull, aviation, motor, casualty, health, travel, energy, personal accident, marine, liability, home, rural, and credit insurance products and services.
They also provides reinsurance, insurance claims management, and investment management services. They were the largest private sector non life insurer in India based on gross direct premium income in fiscal 2017. They offer comprehensive and well diversified range of products including motor,health, crop/weather, fire, personal accident, marine, engineering
and liability insurance through multiple distribution channels.
They provide services to conglomerates, small and medium enterprises, state and central governments or government-owned enterprises, rural customers, and individual customers through various channels, such as agents, brokers, bancassurance, telesales, direct alliances and online platforms.
Competitive Strengths
- Consistent market leadership and demonstrated growth
- Diverse product line with multi – channel distribution network
- Robust risk selection and management framework
- Focus on investments in technology and innovation
ICICI Lombard IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹651 to ₹661 per equity share |
| Market Lot | 22 Shares |
| Min Order Quantity | 22 Shares |
| Listing At | BSE, NSE |
| BSE Script Code | 540716 |
| NSE Symbol | ICICIGI |
| ISIN | INE765G01017 |
| Issue Size | Aggregating up to ₹5,700.94 Cr |
ICICI Lombard IPO Tentative Timetable
| PARTICULAR | DATE |
| IPO Open Date | 15-Sep-17 |
| IPO Close Date | 19-Sep-17 |
| Basis of Allotment Date | 22-Sep-17 |
| IPO Listing Date | 27-Sep-17 |
ICICI Lombard IPO Lot Size
| Application | Lots | Shares | Amount (Cut-off) |
| Minimum | 1 | 22 | ₹14,542 |
| Maximum | 13 | 286 | ₹189,046 |
IPO Allotment Status
Please Click Hare To Check IPO Allotment Status For ICICI Lombard General Insurance Company Ltd
Company Promoters:
The Promoter of the Company is ICICI Bank
Company Financials:
| PARTICULAR | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 |
| Total Assets | 48,885.80 | 35,445.00 | 32,414.20 | 25,070.80 | 20,290.50 |
| Total Revenue | 9,836.50 | 7,242.20 | 7,424.40 | 5,563.10 | 4,162.10 |
| Profit After Tax | 6,418.20 | 5,053.40 | 5,853.20 | 5,200.70 | 3,527.80 |
Objects of the Issue:
The objects of the Offer are:
- To achieve the benefits of listing the Equity Shares of the Company on the Stock Exchanges;
- To carry out the sale of up to 86,247,187 Equity Shares by the Selling Shareholders; and
- Enhance the �ICICI Lombard� brand name and provide liquidity to the existing shareholders.
registrar & Company Details
| Company Contact Information | ICICI Lombard IPO Registrar |
| ICICI Lombard General Insurance Company Ltd ICICI Lombard House, 14, Veer Savarkar Marg, Near Siddhivinayak Temp. Prabhadevi, Mumbai 400 025 Phone: +(91 22) 6196 1100 Email: investors@icicilombard.com Website: https://www.icicilombard.com | KFintech Private Limited Selenium Building, Tower-B, Plot No 31 & 32, Financial District,Nanakramguda, Serilingampally, Rangareddi, Telangana India – 500 032. Phone: 1-800-3454001 Email: einward.ris@karvy.com Website: https://karisma.kfintech.com/ |
