What is the price band of the ICICI Lombard General Insurance Company IPO?

The price band is ₹651–661 per share, and the final issue price is ₹661.

What is the lot size of the ICICI Lombard General Insurance Company IPO?

One lot is 22 shares, so the minimum retail bid is ₹14,542 at the upper end of the price band.

When is the ICICI Lombard General Insurance Company IPO listing date?

The shares listed on 27 September 2017.

How many times was the ICICI Lombard General Insurance Company IPO subscribed?

It was subscribed 2.98x overall: QIB 8.17x, NII 0.83x and retail 1.23x (NSE and BSE together).

ICICI Lombard General Insurance Company IPO

ICICI Lombard General Insurance Company Limited (ICICIGI) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 27 September 2017.

Listed 27 Sep Subscribed 2.98x Listing gain -1.5%

Issue details

Price band

₹651–661

Issue price

₹661

Lot size

22 shares

Min. retail bid

₹14,542

Max. retail bid

13 lots (₹1,89,046)

Issue size

₹5,701 Cr

Face value

₹10

Bidding

15 Sep – 19 Sep 2017

Listing

27 Sep 2017

Retail quota

35%

Registrar

Karvy Computer Share Private Limited

Listing day

Listed at

₹651

-1.5% vs issue price ₹661

Day's high

₹694

+5.0% · low ₹639 (-3.4%)

Day's close

₹681

+3.1% · traded ₹2,313 Cr

Subscription status

Category	Shares offered	Shares bid for	Subscribed
QIB (institutions)	1,63,86,966	13,39,39,432	8.17x
NII (HNI) total	1,22,90,225	1,01,49,480	0.83x
Retail	2,86,77,190	3,51,93,972	1.23x
Shareholders	43,12,359	42,82,212	0.99x
Total	6,16,66,740	18,35,65,096	2.98x

Bids on NSE and BSE together, as published by NSE. Shares offered exclude the anchor portion. 18% of all shares bid for were at the cut-off price.

Past IPOs with similar demand

Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to ICICI Lombard General Insurance Company's, and how they listed.

IPO	QIB	NII	Retail	Total	Size	Listing gain	Day high
Varun BeveragesOct 2016	4.94x	0.42x	0.82x	1.86x	₹1,112 Cr	-3.4%	+6.0%
L&T Technology ServicesSep 2016	5.01x	1.03x	1.75x	2.53x	₹894 Cr	+7.0%	+8.3%
Eris LifesciencesJun 2017	4.68x	0.45x	3.51x	3.29x	₹1,741 Cr	+1.3%	+4.2%
Laurus LabsDec 2016	10.5x	3.58x	1.67x	4.57x	₹1,334 Cr	+14.5%	+16.4%
HealthCare Global EnterprisesMar 2016	2.36x	0.43x	0.83x	1.56x	₹650 Cr	-3.6%	-2.8%
Tejas NetworksJun 2017	2.16x	0.48x	3.10x	1.88x	₹803 Cr	0.0%	+5.6%

Lead managers and their listing record

Book running lead manager	Mainboard IPOs since 2019	Avg listing gain	Listed at a premium
CLSA India	10	+23.5%	70%
Edelweiss Financial Services	16	+25.0%	69%
JM Financial Institutional Securities	109	+22.8%	75%

Offer documents (NSE)

Red Herring Prospectus (zip) Basis of issue price (zip) Anchor allocation (zip)

Frequently asked

What is the ICICI Lombard General Insurance Company IPO price band and lot size? ₹651–661 per share, with a lot of 22 shares, so the smallest retail bid is ₹14,542.

How many times has it been subscribed? 2.98x overall: QIB 8.17x, NII 0.83x, retail 1.23x.

How did it list? It opened at ₹651, -1.5% against the issue price of ₹661, and closed its first day +3.1%.

Other IPOs of 2017

Astron Paper & Board Mills Future Supply Chain Solutions Shalby HDFC Standard Life Insurance Company Khadim India The New India Assurance Company Mahindra Logistics Reliance Nippon Life Asset Management All 2017 IPOs →

Important: The AI listing estimates on Flash Finance are statistical estimates drawn from how past Indian IPOs have listed. They are not a forecast of what any IPO will do, not a recommendation to apply, buy or sell, and not investment advice. Listing prices depend on market conditions on the listing day and can differ widely from any estimate; past patterns may not repeat. Subscription figures are as published by NSE (bids on NSE and BSE together) and can be revised. Flash Finance is not a SEBI-registered investment adviser or research analyst. Read the issue's Red Herring Prospectus and consult a SEBI-registered adviser before you invest.