PNB MetLife files DRHP with SEBI for the ipo around Rs.2800 crore. The company might dilute 25% stake via IPO as per DRHP. PNB Metlife is a company joint venture of PNB (30%), Metlife (26%), Elpro International (21%), M Pallonji & Co (18%) and J&K Bank (5%). It will be another Life Insurance company after ICICI Prudential Life Insurance, HDFC Life Insurance and SBI Life Insurance to list in stock market. The PNB Metlife IPO might hit the market in September 2018. The PNB Metlife ipo lead managers are Kotak Investment Banking, DSP Merrill Lynch, Citigroup Global Markets India and PNB Investment Services.
Company Promoters:
DRHP Draft Prospectus
RHP Draft Prospectus
PNB MetLife IPO Registrar:
Link Intime India Private Limited
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli (West)
Mumbai 400 083 Maharashtra
Tel: (+91) 22 4918 6200
Fax: (+91) 22 4918 6195
E-mail: pnbmetlife.ipo@linkintime.co.in
Investor Grievance Email: pnbmetlife.ipo@linkintime.co.in
Website: www.linkintime.co.in
PNB MetLife IPO Lead Managers:
PNB MetLife India Insurance Company Limited
Unit No. 701, 702 & 703, 7th Floor,
West Wing, Raheja Towers,
26/27 M G Road, Bangalore - 560001
Phone: +91-22-41790000
Fax: +91-22-41790203
indiaservice@pnbmetlife.co.in
www.pnbmetlife.com
Note: The ipo price band and dates will be added as it will be officially announced. The ipo grey market premium (ipo gmp) will be added on the grey market page as it will be started)
PNB MetLife IPO Review:
PNB MetLife Financial:
- Adding Soon
- IPO Open: 2018
- IPO Close: 2018
- IPO Size: Approx Rs. 2800 Crore (Approx)
- Face Value: Rs.10 Per Equity Share
- Price Band: Rs. to Per Share
- Listing on: BSE & NSE
- Retail Portion: 35%
- Equity: Shares
- Shares: Apply for - Shares (Minimum Lot Size)
- Amount: Rs.-
- Basis of Allotment: 2018
- Refunds: 2018
- Credit to demat accounts: 2018
- Listing: 2018
Read Also
PNB MetLife Financial:
| Rs. in Crore | |||||
| Revenue | Expense | PAT | |||
| 2014 | 3378 | - | 175 | ||
| 2015 | 4390 | - | 63 | ||
| 2016 | 3049 | - | 68 | ||
| 2017 | 4746 | - | 103 | ||
| 2018 | 5279 | - | 142 | ||
- Punjab National Bank
- Metlife International Holding
DRHP Draft Prospectus
RHP Draft Prospectus
PNB MetLife IPO Registrar:
Link Intime India Private Limited
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli (West)
Mumbai 400 083 Maharashtra
Tel: (+91) 22 4918 6200
Fax: (+91) 22 4918 6195
E-mail: pnbmetlife.ipo@linkintime.co.in
Investor Grievance Email: pnbmetlife.ipo@linkintime.co.in
Website: www.linkintime.co.in
PNB MetLife IPO Lead Managers:
- Kotak Mahindra Capital Company Limited
- DSP Merrill Lynch Limited
- Citigroup Global Markets India Private Limited
- PNB Investment Services Limited
PNB MetLife India Insurance Company Limited
Unit No. 701, 702 & 703, 7th Floor,
West Wing, Raheja Towers,
26/27 M G Road, Bangalore - 560001
Phone: +91-22-41790000
Fax: +91-22-41790203
indiaservice@pnbmetlife.co.in
www.pnbmetlife.com
Note: The ipo price band and dates will be added as it will be officially announced. The ipo grey market premium (ipo gmp) will be added on the grey market page as it will be started)