Business Standard

ICICI Prudential Life Insurance Company Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

6,056.79 cr

Price Range (₹)

334

Lot Size

44

Min Investment (₹)

14,696.00

Listing Exchange

MumbaiNSE

Open Date

19-Sept-2016

Close Date

21-Sept-2016

Listing Date

29-Sept-2016

ICICI Prudential Life Insurance Company Ltd News

    The Shares of ICICI Prudential Life Insurance Company Ltd have now been listed.

    ICICI Prudential Life Insurance Company Ltd IPO Details

    Public offer of up to 181,341,058 equity shares of face value of Rs. 10 each (Equity shares) of ICICI Prudential Life Insurance Company Limited (The Company) for cash at a Price of Rs. 334 per equity share, through an offer for sale by ICICI Bank Limited (Selling shareholder), aggregating up to Rs. 6056.79 Crores (the offer), including a reservation Of up to 18,134,105 equity shares for purchase by ICICI Bank shareholders for cash at a price of Rs. 334 per equity share Aggregating to Rs. 605.68 Crores (The ICICI Bank shareholders reservation portion). The offer would constitute 12.63% of post-offer paid-up equity share capital and the Net offer shall constitute 11.37% of the post-offer paid-up equity share capital.The Offer Price: Rs.334 per equity share of face value of Rs.10 each.Anchor Investor offer price: 334 per equity share.The offer price is 33.4 times of the face value.

    Objective of issue

    Listing fees on Stock Exchanges.

    ICICI Prudential Life Insurance Company Ltd Contact Details

    ICICI Prudential Life Insurance Company Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - investor@iciciprulife.com

    Website - www.iciciprulife.com