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LIC OFS SUBSCRIPTION
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: 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 ...
- Central Bank of India well-positioned to surpass Rs 5,000 cr profit in FY27: MD Kalyan KumarCentral Bank of India targets Rs 5,000 crore annual profit during this fiscal year. A new tax regime offers a significant boost. The bank p...
- IPO bound Coal India arm CMPDIL garners Rs 470 crore from anchor investorsCentral Mine Planning and Design Institute (CMPDIL) has raised Rs 470 crore from anchor investors, including LIC and several mutual funds, ...
- Vidya Wires raises Rs 90 crore from anchor investorsVidya Wires has successfully raised Rs 90 crore from anchor investors ahead of its IPO, which opens for public subscription from December 3...
- At just 50%, Hyundai sees worst retail subscription among India's 5 biggest IPOsHyundai IPO retail subscription was the worst among biggest 5 offers in India (50%). Expensive pricing (26x PE vs industry average of 24.41...
- Ahead of IPO, Officer's Choice whisky maker Allied Blenders raises Rs 449 cr from anchor investorsThe company has allocated 1.6 crore equity shares to 17 funds at Rs 281 each, the top of the price band, amounting to a deal size of Rs 449...
- Tata Tech IPO breaks LIC record by getting 73.58 lakh applicationsTata Tech IPO was oversubscribed 69.43 times as investors poured in Rs 1.57 lakh crore by making 73.58 lakh applications. The issue closed ...
- Delhivery stock lists at 1.7% premiumThe scrip started trading on BSE at Rs 493 per share, up 1.2% from its IPO price of Rs 487 per share. While at NSE, it began trading at Rs ...
- LIC IPO subscribed nearly 3 times; govt raises Rs 21,000 crLIC had fixed the price band at Rs 902-949 per equity share for the issue. The offer includes a reservation for eligible employees and poli...
- ASBA-designated bank branches to remain open on Sunday for LIC IPO: Reserve BankThe Government of India, in order to facilitate bidding for LIC IPO, has requested that all bank branches designated to process ASBA (Appli...
- Delhivery IPO to open for subscriptions on May 11Delhivery’s IPO is opening for subscription a day after the close of LIC’s share sale window.
- 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 ...
- Government raises Rs 770 cr from Bharat Dynamics stake sale“BDL OFS concluded today with a total subscription of about 2.34 crore shares worth Rs 770 crore from institutional and retail investors,” ...
- 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.
- NTPC stake sale: Institutional buyers put in Rs 7000-crore bidsInstitutional buyers, who were offered over 32.98 crore out of more than 41.22 crore shares, bid above the floor price of Rs 122 apiece.
- SAIL share offer subscribed more than two-timesKicking off its disinvestment drive on a positive note, the government's share sale offer in steel major SAIL got over-subscribed today by ...
- See under-recovery coming down next year onwards: TK Ananth Kumar, OIL IndiaGovernment working towards reducing the under-recovery and also expect some clarity on subsidy sharing to emerge.
- LIC, PSBs bail out Hindustan Copper's offer for sale issueIf the government decides to sell the entire 5.16 crore shares that were bid during the offer, it would garner Rs 808 crore.
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