FinMin, Sebi to take call on relaxation in LIC meeting minimum public holding norm: DIPAM SecyThe government is selling over 22.13 crore shares in LIC at a price band of Rs 902-949 apiece in the initial public offering, which opens o...
29 Apr, 2022, 04.23 PM IST
LIC IPO: 5 things policyholders looking to get discounted shares should knowThe much-anticipated IPO of LIC will open on May 4, 2022. Here are five things policyholders interested in investing in the IPO through the...
28 Apr, 2022, 11.17 AM IST
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...
27 Apr, 2022, 05.56 AM IST
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...
22 Apr, 2022, 06.44 AM IST
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...
21 Apr, 2022, 02.33 PM IST
Govt has time till May 12 to launch LIC IPO without seeking fresh Sebi approvalAt 5 per cent stake dilution, the LIC IPO would be biggest ever in the history of Indian stock market and once listed LIC's market valuatio...
14 Mar, 2022, 02.44 PM IST
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...
11 Mar, 2022, 03.49 PM IST
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...
26 Feb, 2022, 03.49 PM IST
Companies delay IPO plans to avoid LIC clashA chemicals company, which had received markets regulator Sebi’s approval to float an initial public offering (IPO), is going slow with its...
21 Feb, 2022, 07.20 AM IST
These LIC policyholders can't apply for discounted IPO sharesMany policyholders may be interested in applying for allotment in the IPO. However, not all LIC policyholders will be eligible to apply via...
17 Feb, 2022, 10.30 AM IST
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...
16 Feb, 2022, 04.37 PM IST
Can an LIC policyholder with lapsed policy apply for discounted IPO shares?To be eligible for reservation under the Policyholder Reservation Portion category, the policy should have been issued on or before the dat...
16 Feb, 2022, 01.24 PM IST
Govt files draft papers with Sebi for LIC IPOPreparations done and all the loose ends have been tied up, the sources said, adding that DRHP can be filed either on Monday or Tuesday.
13 Feb, 2022, 08.00 PM IST
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.
02 Feb, 2022, 05.46 PM IST
LIC IPO filing in next few days; govt wants Sebi approval in 3 weeksThe 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...
28 Jan, 2022, 02.35 PM IST
Finance Minister Nirmala Sitharaman reviews progress on planned mega LIC IPOLIC IPO is crucial for meeting the Rs 1.75-lakh crore disinvestment target set for current fiscal (April-March). So far this fiscal, Rs 9,3...
07 Jan, 2022, 08.00 PM IST
Goldman Sachs, J P Morgan Chase among 10 merchant bankers to manage LIC IPOThe government aims to come out with the IPO and subsequent listing of Life Insurance Corporation (LIC) on the bourses in the January-March...
29 Aug, 2021, 11.34 AM IST