ICICI Lombard General Insurance Company Ltd IPO Message Board (Page 33)

Everyone like us including companies also want to benefited in bull market to sell their product(share) at a good premium when more people (investors) are ready to pay more premium for good scripts. So it''s not a bad thing. Its good time for new IPOs that is why many IPOs are in line and we should also get some benefit by choosing good scripts.

So think before applying in an IPO and do some own analysis or read the messages of knowledgeable persons like Eagleye, Septa, Uchit Patel, Arjun Patel, Chen cho, Gamble, Shareview etc.

Shouldn''t apply in every issue. I didn''t get loss in any IPO by skipping issues like Bharat Road Network Ltd, SIS, GTPL, S Chand, C L Educate, HPL, L&T Tech & Infotech both etc......

ICICI Lombard: Important Details: A) Issue Open: Sep 15, 2017 - Sep 19, 2017 B) Issue Size: 86,247,187 Equity Shares of Rs 10 aggregating up to Rs 5,700.94 Cr C) Issue Price: Rs 651 - Rs 661 Per Equity Share Competitive Strengths 1. Consistent market leadership and demonstrated growth 2. Diverse product line with multi - channel distribution network 3. Robust risk 16.1%. Its investment book at Rs 16,450 crore as of June 2017 was the largest among the private sector peers. The company has delivered more than 15% return on equity (RoE) since FY15. At 17.2% in FY17, its RoE was higher than the average 14.4% for the private multi-product peers

ICICI Lombard: Important Details: A) Issue Open: Sep 15, 2017 - Sep 19, 2017 B) Issue Size: 86,247,187 Equity Shares of Rs 10 aggregating up to Rs 5,700.94 Cr C) Issue Price: Rs 651 - Rs 661 Per Equity Share Competitive Strengths 1. Consistent market leadership and demonstrated growth 2. Diverse product line with multi - channel distribution network 3. Robust risk 16.1%. Its investment book at Rs 16,450 crore as of June 2017 was the largest among the private sector peers. The company has delivered more than 15% return on equity (RoE) since FY15. At 17.2% in FY17, its RoE was higher than the average 14.4% for the private multi-product peers. Wishing you all happy investing :

As per ET article
icici lombard comeing with 30k crore valuation witch is 50% more then werburg pincus paid in may to prem vatsa stake.
SBI life also with 70K valuation which is 52% more then KKR paid in december.
what''s happen in these few months? why they asking 50% more valuation?
PLEASE DONT APPLY BLINDLY.

This should not be sole reason for not applying. There are numerous scripts which are appreciated by more than 50 percentage in last six months. What we have to is whether script is worth for the price they are asking.

Markets based and moved
20% FUNDAMENTALS
20% MANIPULATION
20% GEO POLITICAL AND NEWS
20% GAMBLING
20%. IGNORING AND BLIND SHEEP''S
so anything is POSSIBLE in market.
Ex...
14th ANDHRA BANK SHARE 52.00
15th. .....................................58.00
What is the difference in on day.(profit & fundamentals).
Don''t think previous.
Annalise present and future ,if u r satisfy. You can invest

Medium to Long term investor can apply this ICICI LOMBARD GENERAL INSURANCE IPO. Comes to short-term and less risky investors can avoid this IPO.
Risky investors can take a call on ICICI Lombard GEN INSURANCE IPO @ 2pm on last day based on Subscription Figure''s

Hello,
How could you predict icici general insurance will not be give listing gain and it will suitable for long term.. can u explain me about that conditions.. bcz im new to share market.

ICICI Lombard General Insurance Company Limited IPO

Issue Date: 15 Sep to 19 Sep.
Price Band: Rs: 651 to Rs: 661.
Minimum Lot Size: 22
Allotment / Unblock of Funds: 25 Sep
Credit of Shares in Demat Account: 26 Sep
Commencement of Trading: 27 Sep

SBI or icici Lombard which one is best in both of them because I can afford only one IPO ??? Plzz

SBI

Apply kre ya nhi?

Dear Gamble sir would you tell me GMP of Icici Lombard & SBI life insurance.???

Nileshkp is not correct

You can apply two applications, one in general and one in shareholders category, It will be a valid application even though the PAN numbers are same

Refer ICICI directs FAQs for ICICI Lombard IPO, its clearly mentioned there

Only those ICICI Bank share holders who had the shares on or before 06/09/2017 are eligible to apply under shareholders category

Thanks Pandit Ji,
I am holding ICICI Pru Life share which was allotted from IPO, so i am eligible under Shareholder category???

Please advise.

Reply to 211.1

No

RELIANCE SECURITIES | SUBSCRIBE

PRABHUDAS LILLADHER | SUBSCRIBE

CHOICE BROKING | SUBSCRIBE WITH CAUTION

ARIHANT CAPITAL | 4 OF 5 STARS

HDFC SECURITIES | NO VIEW

ANGEL BROKING | SUBSCRIBE

NVS WEALTH MANAGERS | SUBSCRIBE

Views of different Brokers:
Centrum Broking:
It could attract adequate investor interest being the first insurance listing along with other factors such as under-penetration in the sector and its healthy financials. The stock may list at premium to the issue price. If that does not happen, than investors should be ready to expect returns only in the long term.

SMC Research:
The company’s financial performance has been strong and it is the first player to go public from the insurance segment. Considering all these aspects, investment for long term may be considered.

Brokerage: Way2Wealth
The sector can witness high growth as awareness of risk cover as well as shift of savings to financial assets accelerates over the next decade. Being a leader in the space & having superior operating metrics we believe the company is well poised to take up the opportunity of increase in penetration over the next few years. It asks investors with a long term view to subscribe to the issue.

Motilal Oswal:
Positive on the issue as the sector provides opportunities for growth on the back of significantly lower penetration and lower insurance density compared to other developed and emerging economies. The premium is justified due to growth potentials of non-life segment, leadership positioning and strong solvency margins. It recommends subscribing with a long term view.

KR Choksey:
The issue is expensive against some of the multiples at which deals have taken place recently. But, the growth potential and focus on improving profitability makes it positive on the issue and recommends subscribing for the long term.

Nirmal Bang:
There is no comparable listed peer of ICICI Lombard but as compared to other consumer facing NBFC peer like Bajaj Finance, Gruh Finance, ICICI prudential and PNB Housing finance the share is offered at lower valuation. We recommend to Subscribe with long term perspective considering the market opportunity, number one positioning and strong financial of company.

Ajcon Global:
The brokerage house too recommends subscribing the issue based on certain parameters.

Hi All,
What is the difference between following options and who are eligible for first one...
1. ICICI LOMBARD GEN INS CO LTD - SHAREHOLDER
2. ICICI LOMBARD GEN INS CO LTD

Currently i am holding ICICI Pru Life shares which was allotted in IPO..
Please explain in detail and advise me.

Guys instead of asking questions about applying in shareholders category, why f
Don''t you read the prospectus? It has answers to all your questions. Stop posting, start reading.

Hi Vvc,
What is the problem for you if we post message about shareholder query...
if you’re willing to share knowledge in to this forum otherwise keep quiet and stay way...

A word of caution came from Choice Broking which has advised investors to subscribe with caution. The brokerage house is of the view that investors can enter in this script at a lower price post listing. “In May 2017, Fairfax Financial Holdings Ltd., one of the largest investor in ILGI, sold 12.2% of its stake to certain private equity firms for Rs. 24.7bn, thereby valuing the firm to around Rs. 200bn. Now at a higher price band of Rs. 661, ILGI is demanding a market cap of Rs. 300bn, which is around 50% premium to the May 2017 deal. We feel that this is unwarranted as there is no major change in the fundamental of the company. Since there is no listed peer for the company, however if we try to compare it with the only listed life insurance company i.e. ICICI Prudential Life Insurance Company Ltd., which is trading at a P/E multiple of 36.6x, this IPO is highly priced with a P/E multiple of 46.8x. Thus considering the above observations, we assign a “Subscribe with Caution” rating for the issue,” noted the research note on ICICI Lombard IPO.

GREAT OBSERVATION BY SHYAM SUNDER SOMANI JI! THANKS A TON SIR .

I have ICICI Share in Non Demat Form. How can I apply ICICI Lombard issue and get benefit of ICICI Bank share holder benefit . Whom to Contact.

Why were you sleeping till now?
Why didn''t you dematerialise it till now?

CLD sir please share ur take on BRNL.

I have not applied in it

I apply only if at least QIB is 5 times & NII is 10 times.

It is better to sell this stock on listing at whatever best price you are comfortable.

Thanks for

ICICI Lombard is long term stock ,those who are applying only for listing gain,please do not apply

You can earn in dixson and capacite by intraday or two day buying and selling.IMO

Which is more profitable? ICICI OR SBI?

Must apply for long term not for listing gain. It''s portfolio stock.