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LIC IPO PRICE
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...
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...
AI pure-play Fractal Analytics crosses IPO mark first time since listing amid slipping retail ownership. What's the outlook?Fractal Analytics crossed its IPO price for the first time since listing as the stock rallied 8% in two sessions, even as retail ownership ...
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 IPO to list on Tuesday: All you need to know about the issue
LIC sets IPO issue price at Rs 949 apiece; listing likely on TuesdayThe issue by the insurance behemoth received bids for 478.3 million shares against the 162 million on sale (excluding the anchor book), exc...
LIC IPO: Why FIIs aren't impressed with India's Aramco moment“Foreign institutional investors have been pulling out heavily in the secondary market since October. The Fed rate hike and the recent slid...
LIC IPO subscribed 1.38 times on Day 3; Policyholder quota sees 4x bidsRetail bidders can bid for the issue even on Saturday and Sunday, an unusual move aimed at attracting investors.
LIC IPO to stay open on Saturday for retail investorsRetail investors will be alloted 35% of the total shares in the offer, and given a discount of 45 rupees from the IPO price. About 10% of t...
LIC IPO: 10 key things you must know about India's largest issueLIC IPO will open for subscription between May 4 (Wednesday) to May 9 (Monday).
LIC IPO investors said to bid for double of anchor bookSingapore’s GIC Pte and Norway’s sovereign wealth fund are among the anchor investors, the people said, asking not to be identified before ...
LIC IPO price attractive, lot of growth potential: Chairman KumarOn whether there is enough money on the table, he said, "It is based on the perception of the market. LIC is starting at low VNB and has po...
LIC IPO: Anchor investor list to include GIC, ADIA, Norway Wealth FundLIC’s IPO, which had previously been touted as India’s Aramco moment in reference to Gulf oil giant Saudi Arabian Oil Co.’s $29.4 billion l...
6.48 crore policyholders keen to buy LIC IPO, says officialThe LIC has set a price band of Rs 902-Rs 949 per equity share. The government intends to raise Rs 21,000 crore through the issue.
LIC IPO price band at Rs 902-949/shareET Now on Tuesday reported the price band, citing sources. Meanwhile, the company is set to officially announce the same in a press confere...
LIC IPO may open on May 4: 7 things to know about mega issue
Big global players likely to anchor LIC IPOTop Indian mutual funds including Aditya Birla, Axis, HDFC, ICICI Prudential, Kotak, SBI are likely to invest in the LIC IPO, industry sour...
When is LIC launching IPO? It all depends on Mr Market's moodLIC’s IPO will be the biggest to be impacted by the war, which has wiped out 6% of BP Plc’s market value and over $3 trillion of global mar...
LIC IPO economics tilted toward investors, may be a bummer for policyholdersAs the IPO prospectus notes, the recalibration will bring LIC in line with its private-sector rivals, but it may also “reduce the attractiv...