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IndiaFirst Life Insurance selects bankers for IPO expected later this year

IndiaFirst will be the fourth private sector life insurer to get listed on the bourses

Topics
IndiaFirst Life Insurance | IPO | Banker

Subrata Panda & Samie Modak  |  Mumbai 



initial public offerings
State-owned lender Bank of Baroda owns 65 per cent stake in IndiaFirst and Carmel Point Investments India Pvt Ltd, owned by Warburg Pincus, holds 26 per cent. Rest of the stake is with state-owned Union Bank of India.

IndiaFirst Life Insurance, a private company promoted by Bank of Baroda, has selected investment bankers for its initial public offering (IPO) expected to hit the by the end of this year, sources said.

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First Published: Wed, July 06 2022. 19:50 IST

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