ICICI Prudential IPO
Established in 2001, ICICI Prudential Life Insurance claims to be the largest private sector life insurer in India. The company is a joint venture between India’s ICICI Bank and UK’s Prudential Corporation Holdings Limited. The company claims to have generated the most new business premiums on a retail weighted received premium basis among all private sector life insurers in India for every year since fiscal 2002.
As the name suggests, ICICI Prudential Life offers a range of insurance products, including but not limited to life insurance, health insurance and pension products.
On a retail weighted received premium basis, ICICI Prudential Life’s market share among all insurance companies in India (public and private sector) stood at 11.3% in FY2016. Among the 23 private sector life insurance companies in India, the company had a market share of 21.9% on a retail weighted received premium basis in FY2016.
The company sells its products through a nationwide network of branches of bank partners, individual agents, corporate agents, employees, offices and its website. As at March 31, 2016, the company had 121,016 individual agents. As of July 12, 2016, ICICI Prudential Life had banking partnership with over 4,500 branches. Bancassurance constituted 58.6% of its retail annualised premium equivalent in FY2016.
Subscription Dates | 19 – 21 September 2016 |
Price Band | INR300 – 334 per share |
Offer For Sale | 181,341,058 shares (INR6,056.7 crore at upper end) |
Total IPO size | 181,341,058 shares (INR6,056.7 crore at upper end) |
Minimum bid (lot size) | 44 shares |
Face Value | INR10 per share |
Retail Allocation | 35% |
Listing On | BSE, NSE |
When is this ipo due? it will be big so better chances of getting allotment.
thosw who wish that it wil not give return plz sell to me your application on allotmnt at 1000 profit
No activity on this page. Boarders, is it not a good ipo to invest in, what are the latest grey market prices? Anyone please update
GAME IS OVER 0.31
I want to sell my application, can anybody help me?
yet not alloted icici share
on which site i can see the allotment or icici pru ipo?
Which bank? My HDFC Bank is still showing the same balance and Karvy website has nothing new…
i got msg…deducted amount Rs. 20374/-…. i dont understand i applied for 2 lots… but the amount deducted is less…
You have got 61 shares Vijay, congratulations. This must be extra allotment for ppl who applied for more than one lot. Since Karvy could not offer 88 shares, they have allotted 61 shares to such applicants. 44 shares to everyone and then 61 shares to big applications.
Thank you for reply..
KARVY SERV. IS DABBA COMPARE WITH LINKIN TIME SER. IS GOOD.
53966682 THIS IS MY APPLICATION NMBR.
PLS CHECK & REPLY STATUS THAT ALLOTMENT SHRE YA NOT
53966682 THIS IS MY APPLICATION NMBR.
PLS CHECK & REPLY STATUS THAT ALLOTMENT SHRE YA NOT
https://kosmic.karvy.com/eipo/ipoapp.aspx
check it in the above link
I couldn’t find allotment status, It says No application found when i tried to check online or through message from Karvy. How can this be possible
https://kcas.kfintech.com/ipostatus/
FIND WITH PAN NO.
Karvy is only showing no application found. My account debited so I came to know it is allotted. Moreover it is given based on some % not by full lot size. I got 51% whereas my friend got 60% of the application.
Any guess on the listing price. Experts!!!
FIND WITH PAN NO.
I have 96 shares allocated.
What is expected listing price.
I guess in worst opening 285-300, normal opening 340-375, best opening 400+. The expectation so far is normal opening. Just a guess…
Worst opening…
No one is selling .Expect a Fantastic Listing tomorrow.
compaletly
nam bade dhrshan khoty
vishvas udha diya compny ipo n