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LIC DRHP NEWS
Shares of Hyundai Motor jump as it files for India unit IPO worth $3 billionShares of Hyundai Motor, South Korea's leading carmaker, jumped here on Monday as it confirmed that its India unit has filed for an initial...
LIC is worth a punt in the short term as well as in the long term: Digant Haria“With the policyholders’ discount and with retail discount, the IPO comes at one times embedded value (EV). This is as good as you can get....
Govt has time till May 12 to launch LIC IPO without seeking fresh Sebi approvalAt 5 per cent stake dilution, the LIC IPO would be biggest ever in the history of Indian stock market and once listed LIC's market valuatio...
LIC, India's largest IPO so far, also quickest to get Sebi nodThe state-owned insurer had filed its draft red herring prospectus (DRHP) on February 13 for the public offer, which would fetch the govern...
Are PMJJBY policyholders eligible for discounted LIC IPO shares?All policies other than group policies qualify for Bidding in the Policyholder Reservation Portion. The total number of reservations for el...
Additional capital support to IDBI Bank may have adverse impact on LIC: DRHPIDBI Bank became a subsidiary of LIC with effect from January 21, 2019 following the acquisition of an additional 827,590,885 equity shares...
LIC's dominance in India makes it a global behemothPurely in terms of AUM, LIC s also the largest asset manager in India as of September 30, 2021, with an AUM of ₹39 lakh crore which include...
LIC DRHP: Equity investments valued at Rs 9.78 lakh cr, double since March 2020Over 90 per cent of LIC's policyholders’ equity investments are a part of the Nifty200 and BSE200 indices as of September 30, 2021, the lif...
LIC IPO may be a great opportunity for investors but is the timing right?“I think LIC is a very good IPO but it may not be the right time for it,” said Basant Maheshwari, the co-founder of Basant Maheshwari Wealt...
LIC IPO augurs very well for govt’s credibility: Sridhar Sivaram“We will see how the market you know reacts to it and what sort of valuation just got embedded. We are still awaited and this is a sector w...
LIC IPO to turn the insurer into India's largest listed financial firmWhen the IPO is complete, it would surpass the previous record set by Paytm’s owner, One97Communications, which raised Rs 18,300 crore last...
What does LIC DRHP say about IDBI Bank?LIC infused Rs 4,743 crore into IDBI Bank using policyholders’ funds. IDBI Bank raised Rs 14,351.80 million on December 19, 2020 by way of ...
LIC's market cap could be Rs 22 lakh crore, ahead of RelianceThe government is yet to clarify how much money it wishes to earn from selling shares in the insurers. Though it will be selling 31,62,49,8...
LIC DRHP reveals the size of life insurer's unlisted equity portfolioOverall, LIC held a total of Rs 9,78,493.81 crore worth equity investments as of September 30, representing 24.78 per cent of the total Rs ...
LIC policyholders may get 5% discount in IPO; DRHP filing likely this weekAccording to ET NOW sources, the government is likely to sell a 5-7 per cent stake in the IPO, to raise as much as Rs 65,000-75,000 crore f...
LIC IPO filing next week, issue in March: Govt official"A portion of the IPO would be reserved for anchor investors like we have done in case of IPOs of IRFC and RailTel," Pandey added.
LIC IPO: Govt may offload 5% stake for Rs 65,000-75,000 croreET NOW quoted sources as saying that the government may look to offload 5 per cent stake initially for Rs 65,000 crore to Rs 75,000 crore, ...
LIC IPO filing in next few days; govt wants Sebi approval in 3 weeksThe draft prospectus is likely to be submitted to SEBI in the next few days, said the sources, who were not authorised to speak to media an...
NSE unlikely to join IPO bandwagon this year. Here's whyThere are ample roadblocks in NSE’s IPO path and the company has not yet taken clearance or moved to file its (draft red herring prospectus...
LIC to file draft IPO papers with Sebi next monthSince the LIC Act has no provision for foreign investments, there is a need to align the proposed LIC IPO with Sebi norms regarding foreign...