359.8500 -9.45 (-2.56%)
NSE Mar 13, 2026 15:31 PM
Volume: 218.3K
 

359.85
-2.56%

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 decreased from 181 to 174 in Dec 2025 qtr
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