IndiaFirst Life Insurance Company Limited

-

Offer Period :

IndiaFirst, backed by Bank of Baroda and Union Bank of India, is a rapidly growing life insurer, achieving a 27.3% CAGR in New Business Individual Rated Premium from FY2017 to FY2022. Read more... With a diverse product portfolio and extensive branch network, it caters to varied customer needs, including policies under the PMJJBY scheme.Read less

IndiaFirst Life Insurance Company Limited IPO Details

IPO Date - Minimum Investment ₹ / Lots
Listing Date Maximum Investment ₹ / Lots
Face Value ₹0 per share Total Issue Size ₹0 Crores
Price ₹0 to ₹0 per share Fresh Issue ₹0 Crores
Lot Size 1 Lots (0 Shares) Offer For Sale ₹ 0
Listing At Retail Discount ₹ 0
Employee Discount ₹ 0    
IPO Date -
Listing Date
Face Value ₹0 per share
Price ₹0 to ₹0 per share
Lot Size 1 Lots (0 Shares)
Listing At
Employee Discount ₹0 Crores
Minimum Investment ₹ / Lots
Maximum Investment ₹ / Lots
Total Issue Size ₹0 Crores
Fresh Issue ₹0 Crores
Offer For Sale
Retail Discount ₹ 0

Tentative Timeline

Important dates for allocation and IPO listing.

-

IPO Starts

-

IPO Ends

-

Allotment Date

-

Initiation of Refund

-

Credit of Shares to Demat Account

-

IPO Listing Date

Shareholder Pattern

  Pre-Issue Post-Issue
Promoter Group 0 0
Public Group 0 0

IndiaFirst Life Insurance Company Limited IPO Reservation

QIB Shares Offered 0(0%)
NII (HNI) Shares Offered 0(0%)
Retail Shares Offered 0(0%)
Anchor Investor Shares Offered 0(0%)
Total Shares Offered 0
Total Shares With Anchor Investor 0

IPO Lot Size

ApplicationLotsSharesAmount
Retail (Min)---
Retail (Max)---
S-HNI (Min)---
S-HNI (Max)---

IndiaFirst Life Insurance Company Limited IPO Registrar

KFin Techologies Ltd
Phone Number +91 40 6716 2222
Email Id indiafirstlife.ipo@kfintech.co
Our Website www.kfintech.com

IndiaFirst Life Insurance Company Limited IPO Lead Manager

1. ICICI Securities Ltd

2. Ambit Pvt Ltd

3. BNP Paribas

4. BOB Capital Markets Ltd

5. HSBC Securities & Capital Markets (India) Pvt Ltd

6. Jefferies India Pvt Ltd

7. JM Financial Ltd

Explore IPOs


Explore comprehensive IPO details for every IPO. Access essential information such as listing price, listing date, issue price, lot size, issue size, minimum investment, and IPO timeline. Gain insights into the company's background, strengths, and potential risks. Track the subscription status and delve into the financials of the company, empowering yourself with crucial data for informed investment decisions. Stay ahead in the dynamic IPO market by staying informed on upcoming, ongoing, and past IPOs. 
 

Stay ahead in the ever-evolving IPO landscape with our comprehensive platform. We offer a holistic resource, ensuring you not only access essential details but also gain valuable insights into market trends. Navigate confidently, armed with intricate analyses, expert opinions, and real-time updates. Whether you're a seasoned investor or a novice, our user-friendly interface and extensive information empower you to make well-informed decisions. Experience the convenience of having a dedicated space where you can delve into the intricacies of IPOs, enabling a strategic and calculated approach to the dynamic stock market. 

IndiaFirst Life Insurance Company Limited IPO Subscription LIVE Status

Category No. of shares offered No. of shares bid No. of subscribed

Strength of IndiaFirst Life Insurance Company Limited

Risks Involved

1. Any termination of, or adverse change in, its bancassurance arrangements, and in particular the insurance company bancassurance agreement with one of its Promoters, Bank of Baroda, or a decline in performance standards of its bancassurance partners, may have a material adverse effect on the insurance company business, results of operations and financial condition.

2. Adverse persistency metrics or an adverse variation in persistency metrics could have a material adverse effect on its financial condition, results of operations and cash flows.

3. The insurance Company is subject to complex regulatory requirements and if its fail to comply with these regulatory requirements, its operations could be disrupted or its may become subject to significant penalties.

4. If actual claims experienced and other parameters are different from the assumptions used by the insurance company in pricing and setting reserves for its products, it could have a material adverse effect on its business, financial condition and results of operations.

5. The COVID-19 pandemic, and similar events, could adversely affect all aspects of its business, including: (i)restricting the insurance company ability to sell its products; (ii) significantly increasing its expenses due to changes in laws and regulations and investing in new methodologies to overcome the restrictions brought in to address the spread of COVID-19 and the adverse changes in population mortality/morbidity or utilization behaviours; (iii) adversely affecting its investment portfolio; and adversely affecting the insurance company operational effectiveness overall.

6. The occurrence of natural or man-made disasters and catastrophes, could materially increase the insurance company liabilities for claims by policyholders and result in losses in its investment portfolios, which could in turn have a material adverse effect on its financial condition results of operations and cash flows.

7. Interest rate fluctuations may materially and adversely affect its profitability. In addition, there are limited amounts and types of long-term fixed income products in the Indian capital markets. The legal and regulatory requirements on the types of investment and amount of investment assets that insurance entities are permitted to make could limit the insurance company ability to closely match the duration of its assets and liabilities.

8. There is significant technical complexity involved in embedded value calculations and the estimates used in the Embedded Value Reports could vary materially if key assumptions are changed or if the insurance company experience differs from its assumptions used to calculate the insurance company Embedded Value. In addition, there may be a risk that the model used to calculate Embedded Value itself may not be appropriate despite taking due care to ensure that models are appropriate. Its VNB may vary as future experience may be different from the assumptions used in calculating the insurance company VNB and may not be comparable to similar information reported by its peers.

9. Any inability to verify the accuracy and completeness of information provided by or on behalf of the insurance company customers and counterparties for pricing and the underwriting of its insurance policies, handling claims and maximizing automation may subject its to fraud, misrepresentation and other similar risks, which could adversely affect its business, financial condition and results of operations. The insurance company is obliged to collect certain information in relation to its customers and counterparties and depend on the accuracy and completeness of information provided by or on behalf of such persons.

10. The insurance Company is subject to periodic inspections by the IRDAI. Inspection by the IRDAI is a regular exercise for all insurance companies and its may be subject to inspections from the IRDAI in the future. Non-compliance with the IRDAI's observations could adversely affect its business, financial condition, results of operations and cash flows.

Why should you invest in

-

Financials

Particulars For the financial year ending (in ₹ million)
 
Total Assets
Total Liabilities
Total Expenses
Total Revenue 
Profit After Tax
EBITDA
Adjusted EBITDA

IndiaFirst Life Insurance Company Limited IPO Listing Details

Listing Date BSE Script Code NSE Symbol ISIN Final Issue Price
0 -
INE381Y01016
₹0 per share

Listing Day Trading Information

Price Details BSE NSE
Final Issue Price ₹0 ₹0
Open ₹0 ₹0
Low ₹0 ₹0
High ₹0 ₹0
Low ₹0 ₹0

Frequently Asked Questions

What is IndiaFirst Life Insurance Company Limited IPO?

Answer Field

IndiaFirst Life Insurance Company Limited IPO is a [-] IPO of [-] equity shares of a face value of ₹[-] aggregating up to ₹[-] Crores. The issue is priced at ₹[-] to ₹[-] per share. The minimum order quantity is [-] Shares. The IPO opens on [-], and closes on [-]. KFin Techologies Ltd is the registrar for the IPO. The shares are proposed to be listed on [-].

When IndiaFirst Life Insurance Company Limited IPO will open?

Answer Field

The IndiaFirst Life Insurance Company Limited IPO opens on [-] and closes on [-].

What is the lot size of IndiaFirst Life Insurance Company Limited?

Answer Field

IndiaFirst Life Insurance Company Limited lot size is [-] shares, and the minimum amount required is ₹[-].

How to apply for IndiaFirst Life Insurance Company Limited IPO?

Answer Field

You can apply in IndiaFirst Life Insurance Company Limited IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. To apply for an IPO:

• Login to Bajaj Broking account App/Website & click on IPO

• Enter the number of lots and price at which you wish to apply.

• Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.

• You will receive a mandate notification to block funds in your UPI app.

• Approve the mandate request on your UPI and funds will be blocked.

When is IndiaFirst Life Insurance Company Limited IPO allotment?

Answer Field

The finalization of Basis of Allotment for IndiaFirst Life Insurance Company Limited IPO will be done on [-], and the allotted shares will be credited to your demat account by [-].

When is IndiaFirst Life Insurance Company Limited IPO listing date?

Answer Field

The IndiaFirst Life Insurance Company Limited listing date is [-].

Who is the registrar of IndiaFirst Life Insurance Company Limited IPO?

Answer Field

The registrar of IndiaFirst Life Insurance Company Limited IPO is KFin Techologies Ltd

Which company is the book-running lead manager of the IPO?

Answer Field

ICICI Securities Ltd,Ambit Pvt Ltd,BNP Paribas,BOB Capital Markets Ltd,HSBC Securities & Capital Markets (India) Pvt Ltd,Jefferies India Pvt Ltd,JM Financial Ltd will be the book-running lead manager of this IPO.

What is the fresh issue of IndiaFirst Life Insurance Company Limited IPO?

Answer Field

The fresh issue size is ₹[-] Crores equity shares.

What minimum lot size can retail subscribers subscribe to IndiaFirst Life Insurance Company Limited?

Answer Field

Retail investors can subscribe to a minimum of one lot, [-] shares and ₹[-] amount.

How can I approve the UPI mandate request for IndiaFirst Life Insurance Company Limited IPO?

Answer Field

To apply for IndiaFirst Life Insurance Company Limited IPO, you need to log in to your demat account to complete the bidding process. Then, approve the payment mandate on your UPI app.

What is the price range of IndiaFirst Life Insurance Company Limited?

Answer Field

The price of each IndiaFirst Life Insurance Company Limited share will be ranging in between ₹[-] to ₹[-] per share.

What is the cut-off time for the UPI mandate for IndiaFirst Life Insurance Company Limited IPO?

Answer Field

The cut-off time for the UPI mandate confirmation is 5:00 PM, [-].

No results found

Browse IPOs

upcoming-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
current-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
  • SANSTAR LIMITEDMainboard IPO

  • Bidding Dates

    19th Jul 2024 - 7th Jul 2024

  • Price Range

    ₹90 - 95

  • IPO Size

    ₹5,10,15,00,000

  • Apply Now
  • RNFI SERVICES LIMITEDSME IPO

  • Bidding Dates

    22nd Jul 2024 - 7th Jul 2024

  • Price Range

    ₹98 - 105

  • IPO Size

    ₹70,81,00,000

  • Apply Now
  • SAR TELEVENTURE LIMITEDSME IPO

  • Bidding Dates

    22nd Jul 2024 - 7th Jul 2024

  • Price Range

    ₹200 - 210

  • IPO Size

    ₹1,50,00,00,000

  • Apply Now
  • VLINFRAPROJECTS LIMITEDSME IPO Early Access

  • Bidding Dates

    23rd Jul 2024 - 7th Jul 2024

  • Price Range

    ₹39 - 42

  • IPO Size

    ₹18,52,00,000

  • Apply Now
closed-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
performance-radio
  • IPO Name
  • ISSUE PRICE
  • LISTING DAY CLOSE
  • LISTING DAY(GAIN/LOSS)
  • Lorem Ipsum
  • SAHAJ SOLAR LIMITEDSME IPO

  • Issue Price

    180.00

  • Listing Day Close

    359.10

  • Listing Day (Gain/Loss)

    99.44

  • EFFWA INFRA AND RESEARCH LIMITEDSME IPO

  • Issue Price

    82.00

  • Listing Day Close

    163.55

  • Listing Day (Gain/Loss)

    100.00

  • GANESH GREEN BHARAT LIMITEDSME IPO

  • Issue Price

    190.00

  • Listing Day Close

    379.05

  • Listing Day (Gain/Loss)

    99.47

  • AMBEY LABORATORIES LIMITEDSME IPO

  • Issue Price

    68.00

  • Listing Day Close

    89.25

  • Listing Day (Gain/Loss)

    30.88

  • BANSAL WIRE INDUSTRIES LIMITEDMainboard IPO

  • Issue Price

    256.00

  • Listing Day Close

    350.30

  • Listing Day (Gain/Loss)

    36.72

  • EMCURE PHARMACEUTICALS LIMITEDMainboard IPO

  • Issue Price

    1008.00

  • Listing Day Close

    1358.85

  • Listing Day (Gain/Loss)

    34.82

  • NEPHRO CARE INDIA LIMITEDSME IPO

  • Issue Price

    90.00

  • Listing Day Close

    179.55

  • Listing Day (Gain/Loss)

    100.00

  • DIENSTEN TECH LIMITEDSME IPO

  • Issue Price

    100.00

  • Listing Day Close

    252.00

  • Listing Day (Gain/Loss)

    152.00

  • VRAJ IRON AND STEEL LIMITEDMainboard IPO

  • Issue Price

    207.00

  • Listing Day Close

    251.95

  • Listing Day (Gain/Loss)

    21.74

  • AKIKO GLOBAL SERVICES LIMITEDSME IPO

  • Issue Price

    77.00

  • Listing Day Close

    93.35

  • Listing Day (Gain/Loss)

    20.78

  • PETRO CARBON AND CHEMICALS LIMITEDSME IPO

  • Issue Price

    171.00

  • Listing Day Close

    315.00

  • Listing Day (Gain/Loss)

    84.21

  • DIVINE POWER ENERGY LIMITEDSME IPO

  • Issue Price

    40.00

  • Listing Day Close

    152.30

  • Listing Day (Gain/Loss)

    280.00

  • VISAMAN GLOBAL SALES LIMITEDSME IPO

  • Issue Price

    43.00

  • Listing Day Close

    47.35

  • Listing Day (Gain/Loss)

    9.30

  • SHIVALIC POWER CONTROL LIMITEDSME IPO

  • Issue Price

    100.00

  • Listing Day Close

    326.55

  • Listing Day (Gain/Loss)

    227.00

  • MASON INFRATECH LIMITEDSME IPO

  • Issue Price

    64.00

  • Listing Day Close

    92.40

  • Listing Day (Gain/Loss)

    43.75

  • SYLVAN PLYBOARD INDIA LIMITEDSME IPO

  • Issue Price

    55.00

  • Listing Day Close

    69.30

  • Listing Day (Gain/Loss)

    25.45

  • MEDICAMEN ORGANICS LIMITEDSME IPO

  • Issue Price

    34.00

  • Listing Day Close

    144.70

  • Listing Day (Gain/Loss)

    326.47

  • STANLEY LIFESTYLES LIMITEDMainboard IPO

  • Issue Price

    369.00

  • Listing Day Close

    474.00

  • Listing Day (Gain/Loss)

    28.46

  • WINNY IMMIGRATION AND EDUCATION SERVICES LIMITEDSME IPO

  • Issue Price

    140.00

  • Listing Day Close

    252.00

  • Listing Day (Gain/Loss)

    80.00

  • AKME FINTRADE INDIA LIMITEDMainboard IPO

  • Issue Price

    120.00

  • Listing Day Close

    131.95

  • Listing Day (Gain/Loss)

    10.00

We have something for everyone

Explore more Investment options

Stocks

Secure and enhance your financial future today

investment-card-icon

IPOs

Your gateway to future financial opportunities

investment-card-icon

MTF

Explore Buy Now Pay Later and boost your capital by up to 5x  

investment-card-icon

US Stocks

Discover opportunities to invest in elite FAANG stocks

investment-card-icon

Related Articles

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

7.5 Lacs+ Users

icon-with-text

4.3+ App Rating

icon-with-text

4 Languages

icon-with-text

₹4300 Cr MTF Book

icon-with-text