Monday, September 19, 2016

ICICI Prudential Life IPO Subscription Status - IPO Subscribed 10.48 times

ICICI Prudential Life Subscription: Detail of Subscription from Sept 19 to Sept 21. After GNA Axles IPO subscription ICICI Pru Life IPO will surely have a good subscription ahead. As the IPO is bigger than GNA Axles but Investors will surely subscribe for this IPO for listing gain. ICICI Prudential Life has good longterm view as well. IPO price is fair and grey market premium is good for this IPO. So, just subscribe for ICICI Pru Life IPO.

ICICI Pru Life has good stability reported in last few years. The PAT is been around Rs. 1400 to 1600 crores. The value of the company shows that after IPO they will surely have a good growth as Life Insturance Companies are giving best results in last few years. ICICI Pru Life IPO has few things to prove in primary market after listing. The revenues are increased from Rs. 1678 crores to 1812 crores almost 8% increase from March 2015 to March 2016. PAT seems to be stable at Rs.1650 crores for this year from Rs.1640 crores from last year.

ICICI Prudential Life IPO Subscription: (Fully Subscribed)

DayQIBNIIRIIShare HoldersTotal
Day 1 0.06 0.04 0.25 0.20 0.16
Day 2 0.59 0.15 0.65 0.48 0.52
Day 3 11.83 28.55 1.42 12.20 10.48

ICICI Prudential Life IPO Dates & Price Band & Market Lot:
  • IPO Open: Sep 19, 2016
  • IPO Close: Sep 21, 2016
  • IPO Size: Approx Rs.6000 Crores
  • Face Value: Rs. 10 Per Equity Share
  • Price Band: Rs. 300 - Rs. 334
  • Listing on: BSE & NSE
ICICI Prudential Life IPO Market Lot:
  • Shares: Apply for 44 Shares (Minimum Lot Size)
  • Amount: Rs. 14696
ICICI Prudential Life IPO Allotment & Listing: (Approx)
  • Basis of Allotment: September 26, 2016 (Approx)
  • Refunds: September 27, 2016 (Approx)
  • Credit to demat accounts: September 28, 2016 (Approx)
  • Listing: September 29, 2016

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