Sources said the company promoters will dilute their holding by 19% as part of the issue
Price band to be declared five days before the offer goes live
The company has fixed the price band at Rs 1,760-1,766
ICICI Lombard is a joint venture between ICICI Bank and Canada-based Fairfax Financial Holdings Ltd
Firm raised Rs 180 cr from anchor investors on Tuesday
The company reported a turnover of Rs 1,157 crore in the financial year 2017
With young assets, the firm could take some time before its starts reporting profit at the net level
This could be the first by a general insurer in the country
Both the companies are proposed to be listed on the BSE and the NSE
Bharat Road Network Ltd, Matrimony.Com, Dixon Technologies and Capacit'e Infraprojects are 4 cos
QIPs near all-time high in 7 months
RNAM, asset manager for Reliance MF, has earmarked Rs 165 crore of IPO proceeds for 'inorganic growt
The IPO, with an aim to raise up to Rs 152 crore, received bids for 69,46,240 shares
However, SME segment is grappling with lack of liquidity and lacklustre institutional participation
As price discovery for life insurers is maturing, attracting premium valuation could be tough
The shares will be listed on NSE and BSE
These are part of Centre's plan to list some PSUs for disinvestment target of Rs 72,500 cr for FY18
Segment expected to perform better this year
Company to use proceeds from the offer to set up a new shrimp processing unit
The IPO comes when domestic MFs are seeing healthy growth in investor flow and AUM