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LIC IPO ALLOTMENT
LIC profit rises 23% in March quarter on all-round showLife Insurance Corp announced a strong March quarter profit, up 23% to ₹23,467 crore. This growth was fueled by increased premiums and inve...- 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 shares list at a discountOver 5.15 crore LIC shares were traded on Tuesday as against the free float of 16.24 crore shares, excluding shares allotted to anchor inve...
- LIC IPO share allotment status: Here's how to checkLIC's Rs 20,557 crore IPO was sold in the range of Rs 902-949 per equity share, where eligible policyholders received a discount of Rs 60 a...
- LIC allots shares at Rs 949 apieceMost retail investors, who have subscribed to the issue, received allotment as the category was subscribed two times. In the retail categor...
- How LIC policyholder can check IPO allotment statusIf you are an LIC policyholder who had bid for share in the IPO, then here is how you check the allotment status.
- 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...
- LIC shares may list at a discount, indicates grey marketLIC's premium in the grey market dropped from Rs 100 to Rs 10 on Tuesday and then turned negative on Wednesday, just a day before allotment.
- LIC's mega public offer sails throughThe country's largest ever public issue, by the Life Insurance Corporation (LIC), was subscribed 2.95 times on the final day of bidding Mon...
- LIC IPO reflects the strength of Aatmanirbhar Bharat: DIPAM Secy; allotment on May 12Disinvestment Secretary Tuhin Kanta Pandey Monday said the public issue of Life Insurance Corp is a success and is optimistic about listing...
- LIC IPO met with tremendous success, allotment on May 12: DIPAM Secretary"We are pleased to inform you that the IPO offer which started on the 4th of May has closed today at 7 pm and it has met with tremendous su...
- LIC IPO: Rs 5,600 cr raised from anchor investorsAbout 59 million shares were allotted to anchor investors at Rs 949 each, the upper end of the price band for the IPO, said investment bank...
- 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 ...
- Govt's 3.5% stake sale plan in LIC gets Sebi approvalSeparately, the Reserve Bank of India (RBI) has, however, rejected LIC's request to allow non-banking finance companies (NBFCs) to lend mor...
- Sebi won't defer stricter norms for anchor investorsThe board of the Securities and Exchange Board of India (Sebi) at a meeting held late last month did not approve a proposal to defer the im...
- LIC IPO: Sebi may postpone implementation of tighter anchor investor normsSebi received representations from investment bankers of LIC IPO saying markets across the world are currently volatile due to political fa...
- LIC seeks exemption from Sebi on deposit norm for upcoming IPOThe state-owned insurer may have to deposit ₹500-800 crore or more with exchanges, said people with direct knowledge of the matter. Accordi...
- LIC IPO: 2 things policy holders must have to applyIRDAI has approved LIC India's request to be allowed to go for an IPO of shares. Policyholders may be offered a discount on the price of sh...
- LIC's mammoth IPO to drive retail investors in hoards to D-StreetLIC is expected to be valued around Rs 13-15 lakh crore, with the insurance behemoth raising about Rs 70,000 crore-Rs 1,00,000 crore from i...
- LIC IPO may open the floodgates for new retail investors in stock marketLIC should set an example for retail investment in the IPO allotment. Why can’t all retail investors get an allotment in the share sale? No...
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