The leader in the Private Life Insurance space is ICICI Pru Life.Some salient features of the company:
- Largest private insurer in India
- 23% market share in private insurance space and 11.3% overall
- PAT of 16.34 Billion Rupees-higher than that of LIC
- Earnings Per share-11.43 Rs/Share
- Book Value of 36.79 Rs/share
- Dividend of 5.85 Rs/Share
- 99.78% shares are held by promoters and 0.22% shares are held by employees
- Last Employee Stock Option Scheme (“ESOS”) was on April 25,2008 with an exercise price of Rs.400 per share
A limited quantity of its shares are on offer for sale.
For those interested,please email me at Alpha Ideas.