Analysis and Insights into the world of IPOs and investing in India

Wednesday, September 13, 2017

ICICI Lombard IPO - Objects to the Issue

The objects of the offer are:

1. To achieve the benefits of listing the Equity Shares of the Company on the Stock Exchanges;
2. To carry out the sale of up to 86,247,187 Equity Shares by the Selling Shareholders; and
3. Enhance the “ICICI Lombard” brand name and provide liquidity to the existing shareholders
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