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LIC IPO 2022
Govt plans up to 2% LIC stake sale, may raise Rs 10,000 croreThe government plans to sell up to a 2% stake in LIC, potentially raising Rs 10,000 crore. This move aims to deepen public shareholding ami...
Insurance sector may face impact if West Asia crisis prolongs: LIC chief DoraiswamyThe insurance sector may face moderation if the Middle East crisis persists, potentially reducing people's income and impacting spending an...
LIC shares drop 4% on Rs 10,000 crore govt stake sale buzzLIC shares fell as much as 4% on Wednesday after a report said the government may begin formal marketing next month for a proposed stake sa...
LIC’s bonus dhamaka sparks 7% rally in two days. What lies ahead?LIC shares surged 7% in two sessions after announcing its first-ever 1:1 bonus issue, boosting investor sentiment. The move, involving capi...
LIC to issue 1 bonus share for every share heldLife Insurance Corporation of India announced its first bonus share issue in a 1:1 ratio, doubling its paid-up equity base. This move aims ...
LIC to hold roadshows in Hong Kong, UK in JuneLife Insurance Corporation (LIC) of India is set to hold international roadshows in Hong Kong and the UK later this month, aimed at raising...
The biggest, best & worst-performing IPOs of 2022However, on the positive side, some stocks are trading well above their issue price. Stocks such as Venus Pipes & Tubes and Adani Wilmar tu...
How LIC's IPO, India's biggest, ended in a downbeat debutHaving missed out on last year's IPO frenzy, shares in India's biggest insurer opened at 872 rupees apiece, compared to their issue price o...
SC refuses to grant interim relief on pleas seeking stay on LIC IPO share allotmentThe Supreme Court on Thursday refused to grant any interim relief and stay the Life Insurance Corporation (LIC) IPO share allotment on a ba...
How LIC policyholder can apply for IPOPolicyholders who have linked their PAN to their LIC policies and have demat in their name are eligible to invest in the IPO under the poli...
LIC IPO: SBI, ASBA designated bank branches to remain open this Sunday, accept IPO applicationsTo assist the processing of applications for the LIC IPO, the RBI instructed all Application Supported by Blocked Amount (ASBA) approved ba...
Timeline: How LIC's IPO was nearly derailed by market churnThe 66-year-old insurance behemoth is expected to list on Indian stock exchanges on May 17 amid volatile market conditions, having missed l...
LIC IPO: 5 things policyholders looking to get discounted shares should knowThe much-anticipated IPO of LIC will open on May 4, 2022. Here are five things policyholders interested in investing in the IPO through the...
RBI says must time LIC IPO correctly, retail players’ response critical to successLIC IPO, which may rake in around Rs 60,000 crore for the government, was initially scheduled for the second week of March.
LIC IPO: Deadline for policyholders to update PAN to apply for sharesIn the LIC policy, the PAN number of the applicant must be updated to invest in the IPO. The Life Insurance Corporation of India has previo...
Can an LIC policyholder with lapsed policy apply for discounted IPO shares?To be eligible for reservation under the Policyholder Reservation Portion category, the policy should have been issued on or before the dat...
IPO Pipeline 2022: LIC, OYO, Adani Wilmar among key IPOs to watch out forOravel Stays (OYO), whose IPO papers are with Sebi, will also hog the limelight. The IPO would be as big as Rs 8,430 crore in size. If appr...