News From Press ICICI Prudential Life Insurance IPO subscribed 16% in opening day

ICICI Prudential Life Insurance IPO subscribed 16% in opening day

Source: Business Standard Sep 21, 2016

The initial public offering (IPO) of ICICI Prudential LifeInsurance on Monday was subscribed nearly 16 percent, according to data from stock exchanges.

As of 5 p.m. Monday, the data showed that the IPO issue received applications for 2,08, 93,356 shares as against an offer of 13,23,78,973 on the opening day of the offerings.

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