ICICI Lombard Insurance

ICICI Lombard IPO (The initial public offer) subscribed 27% on Day 1

According to NSE data, The ICICI Lombard IPO received bids for 16,669,466 shares against the total issue size of 61,666,740. The initial share sale offer of ICICI Lombard General Insurance was subscribed 27% on the first day of the 3-day bidding on Friday. The qualified institutional buyer category was subscribed 62%, non-institutional investors 4% and …