firm officials mentioned that according to estimates insurance coverage penetration may be very low and the placement is far worse for pure time period
at the moment, Unit Linked investment Plans (ULIPs) represent around eighty per cent of the total first top class earnings, he said.
but to meet the 25 per cent minimum public flow, the promoters will offload another 6 per cent of equity over the next three years.
Prudential supplier presently holds 26 per cent in the company but it’ll get reduced if the promoters take step to extend the free go with the flow to 25 per cent.
meanwhile, anchor investors will likely be disclosed with the aid of the following day night. the difficulty will open on September 19 and the fee band is Rs 300-334 per equity share of Rs 10 each.
Press trust of India
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