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ICICI Lombard IPO Prospectus
What Are Analysts Saying?
ICICI Lombard IPO: Strong financial performnace over the years ; Subscribe
Rudra Shares and Stock Brokers, 18 Sep 2017
The company’s financial performance has been strong with revenue 8 PAT grown at a CAGR of 24% 8’ 16% over last five years, strong capital position, healthy ROE and being the first non-life insurance player to go public, it can have an advantage over others. Subscribe
ICICI Lombard General Insurance IPO: A suitable candidate for investment
Hem Securities, 15 Sep 2017
The company\'s market leadership with diverse product line , multi-channel distribution network & strong investment returns on a diversified portfolio makes it suitable candidate for investment. Hence we recommend \"Subscribe\" on issue.
ICICI Lombard General Insurance IPO: A high return high risk investment
SPA Securities, 14 Sep 2017
Taking into account future growth potential of the business, leadership in the sector, the management\'s focus on improving profitability and consistent ROEs, SPA Securities believe it\'s a high return high risk investment and recommend SUBSCRIBE for long term.
ICICI General Insurance IPO: Invest for long term
SMC, 14 Sep 2017
The company has become the first private-sector non-life insurer in India to reach Rs. 10000 crore in GDPI in fiscal 2017. Also, the strong distribution channel enables the company to expand its customer base. The company’s financial performance has been strong and it is the first player to go public from the insurance segment. Considering all these aspects, investment for long term may be considered.
ICICI Lombard General Insurance IPO: A long term investment opportunity
Way2wealth, 14 Sep 2017
Being a leader in the space & having superior operating metrics we believe the company is well poised to take up the opportunity of increase in penetration over the next few years. Investors with a long-term investment horizon can SUBSCRIBE to the issue.
Issue Details
Open Date: 15 Sep 17
Close Date: 19 Sep 17
Offer Price: Rs. 651
Issue Size: Rs. 5,701 Cr
Min Application Amount:
Rs. 14322
Min bid (No. of shares): 22
Listing Exchanges: BSE, NSE
About the Company
"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."
Objective of the Issue
"Objects of the Issue:


1. To achieve the benefits of listing the Equity Shares of the Company on the Stock Exchanges;
2. To carry out the sale of up to 86,247,187 Equity Shares by the Selling Shareholders; and
3. Enhance the “ICICI Lombard” brand name and provide liquidity to the existing shareholders."
Subscription Details
Investor Category No of times
Qualified Institutional Investor -
Non Institutional Investor -
Retail Investor -
Total -