ICICI Lombard General Insurance Company Limited (the “Company” or “Issuer”) finalized allocation of 2.4580447 crore Equity Shares in aggregate, to Anchor Investors at Rs. 661/- per Equity Share (upper end of the Price Band) aggregating to Rs. 1624.77 crore to 64 anchor investors.
The Anchor list include: THE NOMURA TRUST AND BANKING CO., LTD AS THE TRUSTEE OF NOMURA INDIA STOCK MOTHER FUND – 7.4%,UNISUPER LIMITED AS TRUSTEE FOR UNISUPER – 0.9%,BLACKROCK EMERGING FRONTIERS MASTER FUND LIMITED-0.8%,BLACKROCK INDIA EQUITIES (MAURITIUS) LIMITED-0.6%,BLACKROCK ASIA SPECIAL SITUATIONS FUND-0.4%,BLACKROCK PACIFIC FUND, INC.-0.4%,KUWAIT INVESTMENT AUTHORITY FUND 224-0.4%,BLACKROCK ASIA FUND-0.3%,THE MASTER TRUST BANK OF JAPAN, LTD. AS TRUSTEE OF BLACKROCK INDIA EQUITY FUND-0.3%,BLACKROCK GLOBAL FUNDS PACIFIC EQUITY FUND-0.3%, ARCH REINSURANCE LTD-0.3%,RUSSELL INVESTMENT COMPANY II PLC – RUSSELL INVESTMENTS EMERGING MARKETS EXTENDED OPPORTUNITIES FUND -BLACKROCK ASSET MANAGEMENT NORTH-0.3%, ABN AMRO MULTI-MANAGER FUNDS-0.3%,SENTOSA DEVELOPMENT CORPORATION-0.3%, BLACKROCK GLOBAL FUNDS WORLD FINANCIALS FUND- 1.7%, SBI LIFE INSURANCE CO. LTD-2.0%, DSP BLACKROCK ALTERNATIVE INVESTMENT FUND – CATEGORY III DSP BLACKROCK INDIA ENHANCED EQUITY FUND-0.3%, DSP BLACKROCK INDIA ENHANCED EQUITY SATCORE FUND – LONG TERM-0.3%, PARVEST EQUITY INDIA-0.4%,SOCIETE GENERALE-1.0%, CITIGROUP GLOBAL MARKETS MAURITIUS PRIVATE LIMITED-0.6%, NOMURA SINGAPORE LIMITED-0.4%, AURIGIN MASTER FUND LIMITED-0.4%, DSP BLACKROCK-3.9%,HSBC INDIA OPPORTUNITIES FUND-0.4%, BNP PARIBAS EQUITY FUND-0.4%, HSBC GLOBAL INVESTMENT FUNDS – INDIAN EQUITY-3.5%, HSBC INDIAN EQUITY MOTHER FUND-1.2%, ABU DHABI INVESTMENT AUTHORITY – BEHAVE-3.9%, AMANSA HOLDINGS PRIVATE LIMITED-4.7%, EASTSPRING INVESTMENTS INDIA INFRASTRUCTURE EQUITY OPEN LIMITED-2.4%,EASTSPRING INVESTMENTS INDIA CONSUMER EQUITY OPEN LIMITED-1.6%, HDFC STANDARD LIFE INSURANCE COMPANY LIMITED-2.2%, PIONEER INVESTMENT FUND -2.0%, RELIANCE NIPPON LIFE INSURANCE CO LIMITED-0.6%, SAMSUNG INDIA SECURITIES MASTER INVESTMENT TRUST EQUITY-0.4%, RELIANCE VENTURES LIMITED – LONG TERM-2.2%, KOTAK FUNDS – INDIA GROWTH FUND-0.6%, BNP PARIBAS ARBITRAGE-2.7%, BIRLA SUN LIFE TRUSTEE COMPANY PRIVATE LIMITED-3.9%, SBI MUTUAL FUND -3.9%,KOTAK MUTUAL FUND-3.9%,L AND T MUTUAL FUND TRUSTEE LTD-3.9%, MOTILAL OSWAL MUTUAL FUND-0.6%, DSP HMK HOLDINGS PRIVATE LIMITED-0.6%, FRANKLIN TEMPLETON INVESTMENT FUNDS-4.7%, FIL INVESTMENTS(MAURITIUS)LTD-3.9%, ROCHDALE EMERGING MARKETS-MAURITIUS-2.2%, DHFL PRAMERICA LIFE INSURANCE CO. LTD-0.3%, BIRLA SUN LIFE INSURANCE COMPANY LIMITED-0.6%, IIFL INDIA GROWTH FUND-0.4%, SUNDARAM MUTUAL FUND-2.2%, FRANKLIN TEMPLETON MUTUAL FUND-3.9%, GREATER INDIA PORTFOLIO-0.3%, GOLDMAN SACHS INDIA LIMITED-1.8%, AXIS DYNAMIC EQUITY FUND-1.2%, KOTAK MAHINDRA OLD MUTUAL LIFE INSURANCE LIMITED-0.6%, RELIANCE CAPITAL TRUSTEE CO LTD – RELIANCE TOP 200 FUND-3.9%, IDFC MUTUAL FUND-1.2%, CANARA ROBECO MUTUAL FUND-0.4%, INVESCO INDIA MUTUTAL FUND-0.4%, EDELWEISS TRUSTEESHIP CO LTD -0.4%, MSD INDIA FUND,LTD-1.2%, and WASATCH EMERGING INDIA FUND-0.6%.
ICICI Lombard General Insurance Company Limited (“Company” or “Issuer”) proposes to open on Friday, September 15, 2017, an initial public offering up to 86,247,187 Equity Shares of face value of Rs. 10 each (“Equity Shares”) which comprises of an offer for sale of up to 31,761,478 Equity Shares by ICICI Bank Limited (“ICICI Bank” or the “Promoter Selling Shareholder”) and up to 54,485,709 Equity Shares by FAL Corporation (“FAL” or the “Investor Selling Shareholder” and together with the Promoter Selling Shareholder, the “Selling Shareholders”) (“Offer”), including a reservation of up to 4,312,359 equity shares for purchase by ICICI Bank shareholders (as defined in “Definitions and Abbreviations” in the red herring prospectus dated September 6, 2017 registered by the Company with the Registrar of Companies, Maharashtra at Mumbai (“RHP”) on September 6, 2017). The Offer would constitute 19.00% of post-Offer paid-up Equity Share capital and the net offer shall constitute 18.05% of the post-Offer paid-up Equity Share capital.
The Price Band for the Offer is fixed from Rs. 651 per Equity Share to Rs. 661 per Equity Share. Bids can be made for a minimum of 22 Equity Shares and in multiples of 22 Equity Shares thereafter. The Bid/ Offer will close on Tuesday, September 19, 2017.
The GCBRLMs to the Offer are DSP Merrill Lynch Limited, ICICI Securities Limited and IIFL Holdings Limited. The BRLMs to the Offer are CLSA India Private Limited, Edelweiss Financial Services Limited and JM Financial Institutional Securities Limited.
The Equity Shares offered in the Offer proposed to be listed on BSE and NSE.
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