Business Standard

PNB MetLife India Insurance Company Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

- cr

Price Range (₹)

0

Lot Size

-

Min Investment (₹)

-

Listing Exchange

MumbaiNSE

Open Date

-

Close Date

-

Listing Date

-

PNB MetLife India Insurance Company Ltd News

    PNB MetLife India Insurance Company Ltd IPO Details

    Initial public offering of up to 495,898,076 equity shares of face value of Rs. 10 each (the equity shares) of PNB Metlife India Insurance Company Limited (the company) for cash at a price of Rs. (*) per equity share (the offer price) through an offer for sale of up to 495,898,076 equity shares aggregating to Rs. (*) Crores (the offer) by the selling shareholders, including up to 80,495,242 equity shares aggregating to Rs. (*) Crores by Punjab National Bank (PNB), up to 129,036,281 equity shares aggregating to Rs. (*) Crores by Metlife International Holdings LLC (mihl), up to 107,611,370 equity shares aggregating to Rs. (*) Crores by M Pallonji & Company Private Limited (mpcl), up to 76,659,064 equit shares aggregating to Rs. (*) Crores by Elpro International Limited (eil), up to 19,164,766 equity shares aggregating to Rs. (*) Crores by IGE (India) Private Limited (ige), up to (76,641,892 equity shares aggregating to Rs. (*) Crores by The Jammu & Kashmir Bank Limited and up to 6,289,461 equity shares aggregating to Rs. (*) Crores by Manimaya Holding Private Limited (manimaya). The offer shall constitute 24.64% of the post-offer paid up equity share capital of the company.The price band and the minimum bid lot will be decided by the company.

    Objective of issue

    PNB MetLife India Insurance Company Ltd Contact Details

    PNB MetLife India Insurance Company Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

    Phone - 91-22-49186000

    Fax - 91-22-49186060

    Email - rashmi.sharma@pnbmetlife.com

    Website -