ICICI Prudential Life Insurance Company Limited - Track Record

Transcription

1 Name of the issue: ICICI Prudential Life Insurance Company Limited 1 Type of issue (IPO/ FPO) Initial Public Offer ("IPO") 2 Issue size (Rs crore) 6, Grade of issue alongwith name of the rating agency Not Applicable 4 Subscription level (number of times)* 7.90 * Before technical rejections and including Anchor portion Source: Final Post Issue Monitoring Report dated October 4, QIB holding (as a % of total outstanding capital)* as disclosed to stock exchanges 6 %age (i) allotment in the issue (1) 5.69% (ii) at the end of the 1st Quarter immediately after the listing of the issue (as of September 30, 2016) (2) 4.95% (iii) at the end of 1st FY (March 31, 2017) (2) 9.29% (iv) at the end of 2nd FY (March 31, 2018) (2) 10.24% (v) at the end of 3rd FY(March 31, 2019) (3) * QIB holding disclosed represents the sum of the 'Institutions' category in the reporting (1) Source: Basis of Allocation (2) Source: BSE, QIB holding disclosed represents the sum of the 'Institutions' category in the reporting (3) QIB Holding is not disclosed as reporting for relevant fiscal period / year has not been completed Financials of the issuer (as per the annual financial results submitted to stock exchanges under SEBI Listing Obligations and Disclosure Requirement Regulations, 2015, as applicable) Parameters (Rs. in crores) 1st FY (March 31, 2nd FY (March 31, 3rd FY (March 2017) (1) 2018) (1) 31, 2019) (2) Income from operations (3) 22, ,810.7 Net Profit for the period 1, ,619.2 Paid-up equity share capital 1, ,435.5 Reserves excluding revaluation reserves 4, ,116.7 (1) Source: Consolidated financial statements as disclosed by the Company to the stock exchanges (2) Financials not disclosed as reporting for the relevant fiscal year has not been completed. (3) Reporting of 'Income from operations' is not applicable to the Company, as it is a Life Insurance company, hence 'net premium income' has been disclosed

2 7 Trading status in the scrip of the issuer The company's equity shares are listed on the BSE Limited ("BSE") and the National Stock Exchange of India Limited ("NSE") The shares have not been suspended or delisted (i) at the end of 1st FY (March 31, 2017) (ii) at the end of 2nd FY (March 31, 2018) (iii) at the end of 3rd FY (March 31, 2019)* * Trading status not disclosed as reporting for the relevant fiscal year has not been completed. Status Frequently Traded Frequently Traded 8 Change, if any, in directors of issuer from the disclosures in the offer document Name of Director Nature of changes (i) at the end of 1st FY (March 31, 2017) No Change (ii) at the end of 2nd FY (March 31, 2018) 19-Jan-18 Dileep Choksi 16-Jan-18 Rama Bijapurkar 14-Dec-17 Raghunath Hariharan 13-Dec-17 Adrian O'Connor 25-Jul-17 Marti Subrahmanyam 25-Jul-17 R. K. Nair (iii) at the end of 3rd FY (March 31, 2019)* Source: NSE and BSE * Changes in Directors not disclosed as reporting for the relevant fiscal years has not been completed No Change Cessation (expiry of term) Resignation Cessation (expiry of term) 9 Status of implementation of project/ commencement of commercial production (i) as disclosed in the offer document (ii) Actual implementation (iii) Reasons for delay in implementation, if any Not Applicable 10 Status of utilization of issue proceeds (i) as disclosed in the Prospectus (ii) Actual utilization (Rs. In crores) (iii) Reasons for deviation, if any Not Applicable since the entire Offer is an Offer for Sale 11 Comments of monitoring agency, if applicable (a) Comments on use of funds (b) Comments on deviation, if any, in the use of proceeds of the issue from the objects stated in the Prospectus (c) Any other reservations expressed by the monitoring agency about the end use of funds Not Applicable, as Company is not required to appoint a monitoring agency

3 12 Price- related data Issue price (Rs): Listing date 29-Sep-16 Price parameters At close of listing day (September 29, 2016) At close of 30th calendar day from listing day (October 28, 2016) Closing price High during the FY Low during the FY Market Price (NSE) Market Price (BSE) Index of the Designated Stock 8, , , , , ,908.3 Exchange (National Stock Exchange) - NIFTY 50 Sectoral Index ** If March 31 of any financial year is a holiday, the immediately preceding working day has been considered for the closing prices # Price related data not disclosed as the relevant period / fiscal years have not been completed Source: BSE, NSE, Bloomberg Price parameters As at March 31, 2018 ** At close of 90th calendar day from listing day (December 27, 2016) As at March 31, 2017 ** As at March 31, 2019 # Closing price High during the FY Low during the FY Closing price High during the FY Low during the FY Market Price (NSE) Market Price (BSE) Index of the Designated Stock 10, , , Exchange (National Stock Exchange) - NIFTY 50 Sectoral Index ** If March 31 of any financial year is a holiday, the immediately preceding working day has been considered for the closing prices # Price related data not disclosed as the relevant period / fiscal years have not been completed Source: BSE, NSE, Bloomberg

4 13 Basis for Issue Price and Comparison with Peer Group & Industry Average Accounting ratio EPS (Basic) EPS (Diluted) P/E (Basic) P/E (Diluted) RoNW V per share based on balance sheet ICICI Prudential Life Insurance Company Limited As disclosed in the offer document (1) At the end of 1st FY (March 31, 2017) (3) At the end of 2nd FY (March 31, 2018) (3) At the end of 3rd FY (March 31, 2019) (7) Consolidated Consolidated Consolidated (4) Consolidated (4) Consolidated (5) 31.20% 30.06% 25.52% Consolidated (6) (1) Sourced from Prospectus dated September 23, 2016 for the year ended March 31, 2016 (2) There are no listed life insurance companies in India. Max Financial Service Limited (MFS), which is a holding company for Max Life Insurance, is the only listed company where the listed parent holding company s main operating business is that of life insurance. However, MFS underwent a restructuring during the fiscal 2016 and hence comparative financial information corresponding to the latest fiscal year for MFS is unavailable as of date of Prospectus dated September 23, 2016 (3) Source: Consolidated financial statements as disclosed by the Company to the stock exchanges (4) P/E ratio for the relevant financial year has been calculated based on closing market price as on last trading day of that financial year as available on divided by the Basic / Diluted EPS of the Company as reported in its consolidated financial statements disclosed to the stock exchanges (5) RONW for the relevant financial year has been calculated as net profit/(loss) after tax divided by average net worth (i.e. Share Capital + Reserves & Surplus) of the Company, as reported in its consolidated financial statements disclosed to the stock exchanges (6) V per share for the relevant financial year has been calculated based on net worth (i.e. Share Capital + Reserves & Surplus) of the Company, as reported in its consolidated financial statements disclosed to the stock exchanges divided by number of equity shares of the Company outstanding at the end of that financial year (7) Not disclosed as the relevant fiscal year has not been completed

5 14 Any other material information Not applicable For further updates and information, please refer stock exchange websites i.e. and Note: In case any of the above reporting dates happens to be a holiday, the immediately following working day has been taken