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LIC OFS
LIC sees no further government stake sale for 18-24 months, says MD; Q1 profit rises 23%The government will likely not sell more LIC shares for eighteen to twenty-four months. LIC has until 2032 to meet minimum public sharehold...- LIC shares fall after India’s largest OFS closes with oversubscription on both daysThe government raised Rs 31,552 crore through LIC’s record Offer for Sale (OFS), selling a 6.5% stake after exercising the greenshoe option...
- It's a secret: LIC’s unusually fast $3.3 billion deal kept bankers in darkLIC OFS: The Indian government raised $3.3 billion by selling additional LIC shares in the country's biggest secondary stock offering after...
- Govt mobilises Rs 31,552 crore via LIC offer for saleThe government successfully raised ₹31,552 crore through the Life Insurance Corp of India Offer for Sale. This significant mobilization inc...
- LIC's second act smarter price tagThe Life Insurance Corporation is gearing up for a monumental offer for sale, potentially the largest in history. This move allows the gove...
- 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...
- BSE shares fall 2% despite 62% jump in Q1 net profit to Rs 874 crore. Should you buy, sell or hold?BSE reported a significant 62% profit jump and 63% revenue increase for the first quarter. Investment income also saw a sharp rise during t...
- Tips Music announces Rs 44 crore buyback at 12% premium. Check detailsTips Music has announced a Rs 44.5 crore share buyback initiative, offering a premium exceeding twelve percent on equity shares. This marks...
- 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...
- Alpha Alternatives buys 4 road assets worth Rs 7,500 croreAlpha Alternatives has acquired four operational road assets valued at approximately ₹7,500 crore. These assets were purchased from Ap Co I...
- 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...
- LIC OFS opens on August 4 as govt looks to sell up to 6.5% stake. Check detailsThe government will launch LIC’s offer for sale for non-retail investors on Tuesday and retail investors on Wednesday. It plans to divest u...
- Cochin Shipyard shares dip 2% as govt’s OFS opens for retail investors todayCochin Shipyard shares fell over 2% as the Centre's OFS opens for retail investors after the non-retail portion was subscribed 3.52 times. ...
- 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...
- Govt fast-tracks disinvestment process to shore up revenues, garners 31% of budget aim in Q1 FY27The government is accelerating its disinvestment and asset monetisation drive, achieving 31% of its full-year target in just the first quar...
- Stocks in news: LIC, IRFC, Cummins India, Tata Motors PV, ONGCIndian markets surged on Wednesday, recovering previous day's losses, with banking stocks leading the charge from a strong support zone, si...
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