364.0500 -0.35 (-0.10%)
NSE Sep 19, 2025 15:53 PM
Volume: 667.1K
 

364.05
-0.10%

IPO Note - Subscribe - Improving operating metrics; decent valuations

Prabhudas Lilladhar
terms of gross premiums accepted and manages Rs391.3 billion of Indian investment assets. It is also an international reinsurer that underwrites business from162countries.Itenjoysstrongcapitalpositionwithsolvencyratioof2.4x.The promotersarecomingoutwithanofferforsaleofaroundRs98bnandfreshissue ofRs15.7bnwithdilutionof14.2%atapricerangeofRs885912.Attheupperband ofRs912,thecompanytradesat27.4xMar17EPSwhichwebelieveisfairlypriced, but given the liquidity in the markets and company's performance in the recent...
Number of FII/FPI investors increased from 172 to 184 in Jun 2025 qtr.
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