The initial public offer (IPO) of ICICI Prudential Life Insurance Company will hit the capital markets on September 19 and the issue will close on September 21. The company has fixed a price band of Rs 300-334 per equity shares for the public offer. This will be the biggest public offer that will hit the market in nearly 6 years after Coal India which came in October 2010 to raise over Rs 15,000 crore. ICICI Securities, Bank of America Merrill Lynch, CITIC CLSA Securities, Deutsche Equities India, Edelweiss Financial Services, IIFL, HSBC, SBI Capital Markets, JM Financial and UBS are the global co-ordinators and book running lead managers for the upcoming public offer. Karvy Computershare Private Ltd is registrar to the issue. In a BSE filing, ICICI Bank on Friday said, "The proposed IPO of subsidiary, ICICI Prudential Life Insurance Company Limited has been approved by registrar of companies, Maharashtra at Mumbai, on September 8, 2016. The offer will be open for subscription to public on Monday, September 19, 2016 and shall close on Wednesday, September 21, 2016. The price band has been fixed between Rs 300 to Rs 334 per equity share." Shares of the company are proposed to be listed on BSE and NSE. For the year financial year ended March 31, ICICI Prudential registered net profit of Rs 250.91 crore against Rs 45.75 crore last year. It had reported net loss of Rs 1,970.46 crore, Rs 1,168.52 crore and Rs 1,041.85 crore in 2011-12, 2012-13 and 2013-14, respectively.