ICICI Lombard General Insurance Company Ltd IPO Message Board (Page 42)

Reserved for shareholders of ICICI is "fake laddu".
check subscription details of ICICI Prudential..
It was 12x, where in retail category, it is 1.2x
So it is better to wait for last day 1 pm if you are holding ICICI shares in your demat.

LOOK AT THIS MAN ICICI NEVER BEEN INVESTOR FRIENDLY . ISN''T IT LOOK FISHY.
http://www.moneycontrol.com/news/business/economy/in-four-months-icici-lombard-general-insurance-valuations-jump-50-2383035.html/amp

What is latest grey Market premium of ICICI Lombard

How much subscription we are expecting in retail category?

1.2-1.4 times

Kostak 650. ICICI lombard.

Key take away from Chanda kochhar interview today
Insurance is under penetrated market in India & huge scope for growth in future due to rise in income levels
Last 3 years ROE is more than 15% and stands leader in non life insurance space of private players
Robust product pipeline catering different type of customers based on their needs.
Effective use of technology for better efficiency & customer reach

It seems there is problem in printing messages. Resending it in different mode....


Ask Chanda kochar as to why they are losing their main motor insurance business market share to Iffco tokio and Tata AIG year on year.

Marine and crop insurance are negligible sector where they are growing.

Also can she justify the price of Rs.661 by no means costliest general insurance company in the world.

Check multiples of general insurance companies like Axa, Allianz, or Munich which are listed in Europe stock exchange. They are trading at 10x with price to book value below 1.

In India branded companies with moats of wealth from group companies can do anything but surely this IPO will list at discount.

None of these arguments from Interview could justify fully priced valuation @661 in this bullish market.
I will buy it Post listing

ICICI Lombard Fair Value is Not more than 500-550 Maximum ..Avoid it .This valuse is not logical .As usual Grey market will try to make Artificial mahol in favour of this But Artificial Mahol can not survive long Time It can survive Maximum upto 1-2 days before listing .

ICICI Is useless compony as always .GMP 50 On 661 Rs less than 10 % and that GMP is also finished and become 0 once the ipo subscription is over . AS Routine Icici make price such tight that will not give any listing gain and no one can earn a penny in any icici ipo

Anushka hi where are you live because at our place there is the 80 rupees premium and kostak is above 650+...you take a wide view then tell about the gmp is null if your city not but other city has also a premium

@we earn, for a change Anushka isn''t wrong. BTW are you located on moon, coz on earth the premium never crossed 70 range.

Buy icici bank to apply reserved cota

One shall qualify as share holder only if he had the share in his demat account on 6/9/17. My broker told me this.

Its a good IPO.

ICICI Lombard will First Create Excellent Grey Market Fancy Before IPO And Slowly Decrease GMP and Will list at Issue price or below Issue Price ( In Discount Listing ) . 100 % Conform

Anushka Sharma

It will be interesting to see how Lombard will defend its IPO price of Rs.661

Valuation is no cheap by any parameters and asking multiple of 46x as on March 2017 or 41x June 2017 is too high.

Even P/BV of 7.63 for negligible net cash flow company (posted negative net cash flow of 0.76 cr in 2017) is too high.

Last year the same thing happened with ICICI Prudential IPO. In the past too both FPO of ICICI Bank were tightly priced leaving nothing on the table to investors.

With SBI Life proposed to open on Sept 20 to 22, it is going to make things tough for both IPOs.

Listing gains is anybody''s guess

Kostak of icici Lombard is 900, so why take risk. Me ne to 4 applications kostak karadi, now i m onwer of 3600 rs. Total amount i invested is 60000 and i earned 3600 which is 9 times more than bank fd.

ICICI Lombard ipo grey market premium is been in green. Its a good ipo season and month for all the investors. One can choose to apply for the ipo and ICICI Lombard is one of them. One can apply for listing gain and long term gain as well. Financial results is good one and ICICI is a big name in insurance and banking industry. ICICI Lombard to open from 15th September and closes on 19th September. The ipo size is around 5700 crore. Checkout daily Capacite Infra ipo gmp with kostak rates.


ICICI Lombard IPO grey market premium day by day with kostak rates.
Grey market premium as on today at Rs.60-70 with Kostak at Rs.200-250
Grey market premium as on 07-09-2017 N/A with Kostak at Rs.250
ICICI Lombard IPO Dates & Price Band: (Approx)
IPO Open: 15-September-2017
IPO Close: 19-September-2017
IPO Size: Approx Rs. 5700 Crore (Approx)
Face Value: Rs. 10 Per Equity Share
Price Band: Rs. 651 to 661 Per Share
Listing on: BSE & NSE
Retail Portion: 35%
Equity Shares: 86,247,187
ICICI Lombard IPO Market Lot:
Shares: Apply for 22 Shares (Minimum Lot Size)
Amount: Rs. 14542
ICICI Lombard IPO Allotment & Listing:
Basis of Allotment: 22-September
Refunds: 25-September
Credit to demat accounts: 26-September
Listing: 27-September
Disclaimer:

- IPO Grey Market Premium (IPO GMP) mention is valid for the specific date as mentioned in the header.
- We are not buying and selling IPO forms on IPO Gery Market.
- Kostak Rate is the premium one gets by selling his/her IPO application (in an off market transaction) to someone else even before allotment or listing of the issue.
- Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamental of the companies

GMP 53-56

Long term investors go for ICICI Lombard. Don''t worry about listing gain. Every year you will get hefty dividend & it''s completely tax free. If you have doubts ask an existing longterm ICICI bank shareholder.

Longtermpunter, you are missing the point of discussion for this thread. Read original post once again. Discussion started with "long term investors go for ICICI lombard. Don''t worry about listing gain". If we assume listing price and trading price are higher than issue price, than one should invest in all IPO regardless of long term prospect. If money is to be made no point not making it. My only comment was that, if listing gain is in doubt, no point buying IPO for long term gain. Rather buy in secondary.

I would like to correct my comment, Don''t worry about listing gain assumptions.

Hi gamble.
Please share your views on upcoming iPos like icici Lombard, sbi and other government general insurance companies which are in line.
I mean which are better one to invest.

Thank you.

Premium 70-72
Kostak 1100

SBI Life Insurance IPO Open On 20th Sep As Per CNBC Aawaz News

atleast 20% gain must be on tabel otherwise it will effect on upcoming insurance companies ipo

Coal India closed with 40% gain on listing day. Just for Info.

Why would ICICI care if the IPOs of HDFC or SBI or others don''t get good response!! It is a private company not a PSU.

more than 13 lakh application need for one time subscription in retail category .