InvestorQ : When is India First Life planning to come out with its IPO?
Tisha Malhotra made post

When is India First Life planning to come out with its IPO?

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Aashna Tripathi answered.
8 months ago
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It is rather strange that at a time when the markets are just about recovering from the LIC IPO aftermath, another insurance company is queueing up for an IPO. India First Life Insurance, owned jointly by BOB, Union Bank and Warburg Pincus, will be shortly filing for its IPO.

While 74% in the insurer is owned by BOB and Union Bank, the balance 26% is owned by Warburg Pincus. ICICI Securities, Axis Capital and JM Financial are expected to be among the BRLMs for this IPO via offer for sale (OFS).
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