ICICI Prudentials IPO - Grey Market, GMP & Reviews

IPO Details

Issue Date 19/09 - 21/09
Issue Size ₹6056.79 Cr
Issue Price ₹300 - 334
Market Lot 44 Shares
Shares on Offer 181,341,058
Registrar
GMP ₹14 - 15
Kostak ₹650 - 700
Subject to Sauda N/A
Listing Date 29-Sep
Listing Price ₹329
Listing Gain% -1.50

About ICICI Prudential Life Insurance Company Ltd IPO

ICICI Prudential Life Insurance Company Ltd. (ICICI Prudential Life) is a joint venture between ICICI Bank Ltd., one of India's largest private sector banks, and Prudential Corporation Holdings Limited.

ICICI Prudential Life began its operations in fiscal year 2001 and has been one of the leading players in the Indian life insurance sector since the entry of private players. The Assets Under Management* (AUM) as on 31st March 2016 were 1039.39 billion. They have maintained a dominant^ position amongst private life insurers in the country.

They offer an array of products that match the different life stage requirements of their customers and enable them to achieve their long term financial goals. Customer centricity is the core philosophy they operate on. To further this they have developed and implemented various initiatives to provide cost-effective products, superior quality services, consistent fund performance and a hassle-free claim settlement experience to you.

ICICI Prudential Life was one of the first private sector life insurance companies to begin operations in fiscal 2001, after receiving approval from the Insurance Regulatory Development Authority of India (IRDAI). For financial year 2016, the company garnered a total premium of 191.64 billion.

As a result of ytheir continued support over the years, ICICI Prudential Life has emerged as one of the leading* names in the life insurance industry. From plans designed for newly employed individuals, just-married couples, new parents, parents with teenage children and those in their golden years, they offer products that cater to every life stage.

Please refer to https://www.iciciprulife.com for details.

Company Financials

Particulars 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13 31-Mar-12
Total Assets (In ₹ Millions) 1,025,637.0 990,573.2 801,027.5 740,839.2 716,880.0
Total Revenue (In ₹ Millions) 18,122.4 16,775.5 16,607.1 21,910.5 18,244.6
Profit After Tax (PAT) (In ₹ Millions) 16,527.2 16,403.5 15,613.5 15,154.1 13,856.9

ICICI Prudential Life Insurance Company Ltd IPO IPO Reviews

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Subscription Details

Date & Time QIB NII RII Total
Day 1 - Sep 19,2016 0.06 0.04 0.25 0.16
Day 2 - Sep 20,2016 0.59 0.15 0.65 0.52
Day 3 - Sep 21,2016 11.83 28.55 1.42 10.48

Allotment Status

Please click the link below to check the IPO allotment status.

IPO Allotment Status

ICICI Prudential Life Insurance Company Ltd IPO IPO FAQs

  1. When will ICICI Prudential Life Insurance Company Ltd IPO IPO open?

    ICICI Prudential Life Insurance Company Ltd IPO IPO will open on 19/09 and close on 21/09.

  2. What is the listing date of ICICI Prudential Life Insurance Company Ltd IPO IPO?

    ICICI Prudential Life Insurance Company Ltd IPO IPO will list on 29-Sep.

  3. What is the offer price of ICICI Prudential Life Insurance Company Ltd IPO IPO?

    The offer price of ICICI Prudential Life Insurance Company Ltd IPO IPO is ₹300 - 334.

  4. What is the lot size of ICICI Prudential Life Insurance Company Ltd IPO IPO?

    The lot size of ICICI Prudential Life Insurance Company Ltd IPO IPO is 44.

  5. What is the Grey Market Premium (GMP) price of ICICI Prudential Life Insurance Company Ltd IPO IPO?

    The Grey Market Premium (GMP) price of ICICI Prudential Life Insurance Company Ltd IPO IPO is ₹14 - 15.

  6. What is the Kostak price of ICICI Prudential Life Insurance Company Ltd IPO IPO?

    The Kostak price of ICICI Prudential Life Insurance Company Ltd IPO IPO is ₹650 - 700.

  7. What is the Subject to Sauda price for ICICI Prudential Life Insurance Company Ltd IPO IPO?

    The Subject to Sauda price for ICICI Prudential Life Insurance Company Ltd IPO IPO is Not Available at the moment.

ICICI Prudential Life Insurance Company Ltd IPO IPO Review/Comments

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