Mon, Sep 18, 2017
The initial share sale offer of ICICI Lombard General Insurance Company was subscribed 98 per cent on the second day of bidding today, as per stock exchanges data.
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Fri, Sep 15, 2017
ICICI Lombard plans to raise about Rs 5700 crore from its IPO issue - which would be biggest issue after ICICI Prudential's Rs 6,000 crore IPO last year and Coal India's Rs 15,000 crore IPO in 2010.
Fri, Sep 08, 2017
Ajay Saraf, executive director at Mumbai investment bank ICICI Securities said he expected this year could even surpass the record $8.5 billion seen in 2010, as strong retail investment flows have sparked a 21.4 percent gain in the main NSE index so far this year.
"The price band has been set at Rs 651-661. At the upper end of the band, it will raise Rs 5,700 crore," a source said late in the evening.
Fri, Jul 14, 2017
Last month, on June 5, ICICI Bank had approved stake sale plan in ICICI Lombard through IPO.
Mon, Jun 05, 2017
ICICI Bank board has approved sale of a part of its shareholding in ICICI Lombard through IPO. This would be ICICI Bank's second subsidiary to opt for IPO after ICICI Prudential.
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