ICICI Lombard General Insurance Company Limited (ICICI Lombard) which is tapping the capital markets with its offer for sale of 8.62 cr shares completed allocation to anchor investors. The price band of the issue is Rs 651-661.

ICICI Lombard allotted 2,45,80,447 shares to 64 anchor investors comprising of 94 entities. The largest application has been made to Nomura of 18.15 lakh shares which amounts to 7.4% of the anchor allotment.

Domestic mutual funds have been allocated 86.30 lakh shares which is 35.11% of the total allotment. The anchor book is impressive and looking at the response augurs well for the issue.

The issue opens for subscription today i.e Friday the 15th September and closes on Tuesday the 19th of September.

The full lsit of anchor investors with their allotment is given below: –

ICICI Lombard General Insurance Company Limited – Completes Anchor Allocation