ICICI Lombard allots shares worth $253m to anchor investors ahead of IPO

ICICI Lombard allots shares worth $253m to anchor investors ahead of IPO

Photo: Pradeep Gaur/Mint

Initial public offering (IPO) bound ICICI Lombard General Insurance Co. Ltd on Thursday said it has raised Rs1,624 crore by allowing shares to institutional investors as part of its anchor book allocation.

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