Comments
ICICI Lombard General Insurance Company will debut on the bourses on Wednesday after it concluded its initial public offering during September 15-19. The IPO of ICICI Lombard was subscribed three times. The insurer had fixed the price band at ₹651-661 per share for the ₹5,700-crore IPO. ICICI Bank received ₹2,099.40 crore by selling 3.176 crore shares through the issue. Post-issue, ICICI Bank’s stake will come down to 55.92 per cent from 62.92 per cent.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.