Tag: icicipru

The Insurance Sector is in the news today as the Govt. plans to increase the FDI limit in insurance from 26% to 49%

The leader in the Private Insurance space is ICICI Pru Life.Some salient features of the company:

• Largest private insurer in India
• 18.9% market share in private insurance space and 7.2% overall
• PAT of 15.6 Billion Rupees
• Earnings Per share-10.96 Rs/Share
• Dividend of 7.65 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

The Annual Report of the Insurer can be downloaded from here.

I am market making in ICICI Pru and if anyone wants to buy/sell ICICI Pru, please email me at Alpha Ideas

ICICI Pru is one of the largest life insurers in India.

Around 99.8% shares are held by promoters and around 0.2% have been   given to employees as stock options

There is an offer of sale of the shares of ICICI Pru.

This is recommended only for patient investors as there is no visibility on the company going public.

If interested,please email me at Alpha Ideas.