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LIC OFS DISCOUNT
LIC OFS gets strong response from retail investors, subscribed 1.82 times the base sizeLIC’s retail offer for sale attracted strong investor interest, with the base retail issue subscribed 1.82 times. The government’s 6.5% sta...- LIC OFS opens for retail investors: Should you apply in insurance behemoth's offer?The OFS opened for non-retail investors on August 4, and saw strong participation. The offer was oversubscribed more than 3 times its offer...
- LIC's OFS discount looks tempting, but triggers don'tAnalysts hold differing views on retail investor interest in LIC's offer for sale. The government is divesting a stake to meet minimum publ...
- Institutional investors over-subscribe LIC OFS, govt opts for green-shoe optionThe government's Life Insurance Corporation share sale has garnered overwhelming attention from institutional investors, with bids amountin...
- LIC OFS: Non-retail portion fully subscribed on Day 1. Here’s what investors should knowLIC's Rs 31,410-crore offer for sale (OFS) was fully booked on Tuesday on Day 1. The government aims to pare its stake through a 2.5% base ...
- LIC shares sink 9% as OFS opens at 11% discount. Here's all you need to knowLIC shares plunged nearly 9% after the government’s offer for sale (OFS) to divest up to a 6.5% stake in the insurer opened for institution...
- Government unveils offer for sale to dilute LIC stakeThe Centre has announced an Offer for Sale in Life Insurance Corporation of India. This issue will open for non-retail investors on Tuesday...
- Cochin Shipyard shares fall 4% as OFS worth Rs 1,856 crore opens today at 7% discountCochin Shipyard shares dropped as the government plans a significant stake sale. The offer for sale includes a base offer and an oversubscr...
- IRFC shares fall 2% as OFS worth Rs 2,212 crore opens for retail investors today. Here's all you need to knowIndian Railway Finance Corporation (IRFC) shares dipped as the government initiated an Offer for Sale (OFS), aiming to divest nearly 2% sta...
- Cochin Shipyard shares fall 3% amid buzz around OFS at 8% discountCochin Shipyard shares dipped Monday following reports of a potential government Offer for Sale (OFS) at a discount. The government, aiming...
- GIC shares dip 4% as Rs 3,088 crore OFS opens for retail investors. Should you participate?General Insurance Corporation of India shares saw a dip as the government initiated an Offer for Sale. Retail investors can now bid for a s...
- GIC shares decline 6% as Rs 3,088 crore OFS opens at 9% discountThe government is set to divest up to a 5% stake in General Insurance Corporation of India (GIC) through an offer for sale, opening today a...
- NLC India shares fall 3% as OFS worth up to Rs 1,263 crore opensThe government is set to launch an Offer for Sale (OFS) to divest up to 3% of its stake in NLC India, valued at approximately Rs 1,263 cror...
- India said to prepare Rs 10,000 crore LIC stake sale next monthIndia is preparing to launch a new share sale for Life Insurance Corporation of India next month. This offering could bring in as much as R...
- LIC IPO: 10 key things you must know about India's largest issueLIC IPO will open for subscription between May 4 (Wednesday) to May 9 (Monday).
- Can you bid for both retail and policyholder quota in LIC IPO?LIC has fixed a price band of Rs 902-949 apiece with a minimum lot size of 15 equity shares. The company has announced a discount of Rs 60 ...
- Govt to file final papers for LIC IPO with Sebi soonLIC had, on February 13, filed the draft red herring prospectus (DRHP) for LIC IPO. Earlier this week, Sebi gave approval to the draft pape...
- HAL's Rs 5,000 crore offer for sale fully subscribedThe OFS received an application for 5.21 crore shares as against the issue size of 5.01 crore shares, showed the exchange data.
- Investors with over 10% stake may get to take the OFS routeSebi is likely to issue a circular this week on the eligibility criteria for non-promoter shareholders, framework for offering discount.
- Oil India's Rs 3,000 cr share sale over subscribedThe government was selling 60.11 mn shares, or 10 pc of the company's stock, and had set a floor price of Rs 510 per share for bids.
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