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ICICI Lombard General Insurance Company Limited IPO to close on Sep 19, 2017

Posted On: 2017-09-17 09:25:22

The Initial Public Offering (IPO) of ICICI Lombard General Insurance Company Limited which opened for subscription on 15-Sep-2017 will close on 19-Sep-2017. The company has come out with Public Offer of upto 86,247,187 Equity Shares (including anchor portion of 24,580,447 Equity Shares) at a price band of Rs 651 to Rs 661 through 100% book building process.

The issue has received subscription of 0.27 times till 5 PM on Sep 15, 2017. The issue has garnered subscription for 16669466 equity shares against the offer of 61666740 equity shares.


Source: Equity Bulls

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