CleanMax’s IPO comprises a fresh issue of ₹1,200 crore and an offer for sale (OFS) of ₹1,900 crore by existing shareholders.
Overall, the life insurance industry paid 4.3% of the total ULIP premium as commission to agents and brokers during ...
The company is raising Rs 1,200 crore by issuing fresh shares, while promoters and investors will be selling shares worth Rs 1,900 crore via offer-for-sale.