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Member Form BGGB with DGH English IndiaFirst Life Insurance

Member Form BGGB with DGH English IndiaFirst Life Insurance

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we are back to talking about the IPO uh Market action in the insurance sector of course LIC was the last one that we spoke about that went on for quite some time and now we have another company which is planning its IPO in the coming days and this is India first life insurance what you've been given to understand is that the company is likely to file the drhp papers for its IPO with Market regulator sebi that can happen in the next two months that is by November itself as far as the IPO itself is concerned India first uh life insurance is expected to raise around 2000 crore rupees uh through its IPO as far as the valuation is concerned this particular IPO could value India first life insurance at about 8 500 to 9 000 crore rupees do remember that India first life insurance is backed by two PSU Banks and one private Equity player the two PSU banks are of course A Bank of Baroda and Union bank and the private Equity player being Warburg Pincus or all three share holders are likel

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