LIC shares surged 7% in two sessions after announcing its first-ever 1:1 bonus issue, boosting investor sentiment. The move, involving capi...

Life Insurance Corporation of India announced its first bonus share issue in a 1:1 ratio, doubling its paid-up equity base. This move aims ...

The issue by the insurance behemoth received bids for 478.3 million shares against the 162 million on sale (excluding the anchor book), exc...

“Foreign institutional investors have been pulling out heavily in the secondary market since October. The Fed rate hike and the recent slid...

Retail bidders can bid for the issue even on Saturday and Sunday, an unusual move aimed at attracting investors.

Retail 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 will open for subscription between May 4 (Wednesday) to May 9 (Monday).

The government, which holds 100 per cent stake in LIC plans to raise Rs 20,557 crore from the primary market.

Singapore’s GIC Pte and Norway’s sovereign wealth fund are among the anchor investors, the people said, asking not to be identified before ...

On 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’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...

The 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.

ET Now on Tuesday reported the price band, citing sources. Meanwhile, the company is set to officially announce the same in a press confere...

Top Indian mutual funds including Aditya Birla, Axis, HDFC, ICICI Prudential, Kotak, SBI are likely to invest in the LIC IPO, industry sour...

LIC IPO, which may rake in around Rs 60,000 crore for the government, was initially scheduled for the second week of March.

LIC’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...

As the IPO prospectus notes, the recalibration will bring LIC in line with its private-sector rivals, but it may also “reduce the attractiv...