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LIC IPO APPROVAL
LIC plans foray in fintech space, strategic investment also on table: CEO DoraiswamyInsurance giant LIC is exploring a fintech arm to boost digital capabilities. The company is also prepared for potential further stake dilu...- LIC looks to improve return from real estates, to explore option of separate subsidiaryIn the recent past, he said LIC has initiated a comprehensive review of its real estate portfolio to assess the returns and yields it gener...
- 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 ...
- 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...
- 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...
- Govt to file final papers for LIC IPO with Sebi soonLIC had, on February 13, filed the draft red herring prospectus (DRHP) for LIC IPO. Earlier this week, Sebi gave approval to the draft pape...
- LIC IPO: Investment bankers advice Centre against a hurried launchThe group of ministers tasked with decisions relating to strategic disinvestment is expected to soon consider the pricing of LIC's initial ...
- LIC gets Sebi approval to launch India's biggest ever IPOLIC IPO is likely to have reservations for eligible employees and policyholders of the company, according to the DRHP.
- Cabinet gives nod for up to 20% FDI in LIC under auto modeThe country's biggest life insurer had filed for the sale of a 5% stake by the government on February 13. The IPO, expected to be the count...
- LIC IPO news: Cabinet allows up to 20% FDI in LIC, sources sayThe Indian union cabinet has approved a policy amendment allowing foreign direct investment of up to 20% in Life Insurance Corp of India (L...
- 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 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.
- 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...
- LIC valuation delay may push IPO plan beyond FY22; govt confident of issue this fiscalDIPAM Secretary Tuhin Kanta Pandey later in a tweet expressed confidence that IPO plans of LIC is on course and it would happen in the Janu...
- Govt aims to list LIC by Q4 of FY22: Dipam secyThe Centre aims to list state-run insurance behemoth LIC by the last quarter of the current financial year and merchant bankers for the tra...
- American economy not yet ready for end to Federal stimulus, top official saysWhile the Fed has begun to consider when to taper its massive bond-buying program, New York Fed President John Williams told reporters the ...
- LIC IPO: Govt likely to invite bids from merchant bankers this monthThe government is likely to invite bids from merchant bankers this month for managing LIC disinvestment as it moves ahead with plans to lau...
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