The state-owned insurer had filed its draft red herring prospectus (DRHP) on February 13 for the public offer, which would fetch the govern...

The group of ministers tasked with decisions relating to strategic disinvestment is expected to soon consider the pricing of LIC's initial ...

According to the current FDI policy, 74 per cent foreign investment is permitted under the automatic route in the insurance sector. However...

Many policyholders may be interested in applying for allotment in the IPO. However, not all LIC policyholders will be eligible to apply via...

NRI policyholders or other policyholders residing out of India cannot apply under Policyholder Reservation Portion. Here what NRIs who want...

To be eligible for reservation under the Policyholder Reservation Portion category, the policy should have been issued on or before the dat...

The initial public offering (IPO) of over 31.6 crore shares or 5 per cent government stake is likely to hit the market in March and employe...

The issue is completely an offer for sale of 31,62,49,885 equity shares by the promoter, which holds a 100 per cent stake in the insurance ...

“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...

Preparations done and all the loose ends have been tied up, the sources said, adding that DRHP can be filed either on Monday or Tuesday.

The draft red herring prospectus (DRHP) for the proposed IPO will be filed after the board approval. "Key decisions on how much discount wi...

According 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...

"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.

ET 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, ...

The 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...

There 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...

Since the LIC Act has no provision for foreign investments, there is a need to align the proposed LIC IPO with Sebi norms regarding foreign...