nwoodman Posted February 15 Author Share Posted February 15 39 minutes ago, SafetyinNumbers said: I read that as IRDAI approval has been received and the two people were referring to SEBI approval. The Rupee has weakened since 2022 when they filed the initial IPO. At the time the suspected IPO valuation was $4.5-5b. On the same basis, the low end would be down to $4b. It’s grown a lot since then but perhaps there has been some multiple contraction. It looks like the plan is to sell 12.5% of the company with $150m being fresh issue and the rest from promoters. I don’t know if that includes Fairfax selling some. If anyone has any colour, please share. I believe MINT broke this news. It is unconfirmed IRDAI approval as far as I can tell. Sounds promising, hopefully Fairfax confirms tonight or on the CC as I couldn’t find anything on the IRDAI website….yet Link to comment Share on other sites More sharing options...
ValueMaven Posted March 4 Share Posted March 4 Greenlight for IPO. This is big and adds to FFH's book value Link to comment Share on other sites More sharing options...
jeyfox Posted March 11 Share Posted March 11 I will put it here rathen then in the Fairfax annuel letter 2023. Digit max ownership will be 68% against 74% (in 2022 letter). Link to comment Share on other sites More sharing options...
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