reliance capital 120 Reliance Capital IPO
 

 

 

Reliance Capital is planning to make the first ever IPO (initial public offer) by an insurance company in India. Reliance Capital IPO is planning to take its subsidiary Reliance Life Insurance public. The company plans to divest 26% in its insurance arm through an IPO. Relaince capital Ipo is looking to divest 10-26%. This would be done through a strategic investor or by the selling of its shares to the public.  The funds will be injected to Reliance capital and its life insurance business. The process is expected to complete in the next three to four months time frame. 

The private insurance companies rank Reliance capital in the fourth position in terms of the total premium. The first three are ICICI, SBI Life, and Bajaj Allianz. Reliance capital weighs third position in terms of weighted premium. The market share of the company has increased from 8.1% to 10.3% in FY08 to FY09. 

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51BgaL1ijmL. SL160  Reliance Capital IPO

Inside Private Equity: The Professional Investor’s Handbook (Wiley Finance)

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