LIC shares zoom 7% as OFS overhang eases after Finance Ministry exemptionLIC IPO investors are still sitting at a loss as the stock is trading 13.6% below its issue price of Rs 949. However, in the last few weeks...
22 Dec, 2023, 10.50 AM IST
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...
17 May, 2022, 09.44 PM IST
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...
16 May, 2022, 11.37 AM IST
Timeline: How LIC's IPO was nearly derailed by market churnThe 66-year-old insurance behemoth is expected to list on Indian stock exchanges on May 17 amid volatile market conditions, having missed l...
04 May, 2022, 02.49 PM IST
LIC IPO likely to hit Dalal Street in mid-May after market turbulence calms downThe IPO, which was set to launch before end of March, forms a key part of Prime Minister Narendra Modi government’s plan to divest state as...
14 Mar, 2022, 02.18 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
LIC likely to launch $8 billion IPO on March 11LIC's initial public offering (IPO) is expected to obtain regulatory approval by the first week of March after which an indicative marketin...
18 Feb, 2022, 07.41 PM IST
LIC IPO timeline likely to come in BudgetLife Insurance Corporation of India is preparing its financial results for the December quarter and data on assets under management, as the...
17 Jan, 2022, 08.14 AM IST
LIC to open India's biggest IPO issue by mid-MarchThe listing of LIC is set to be India's biggest ever IPO, with the government aiming to raise up to Rs 90,000 crore ($12.18 billion) from i...
13 Jan, 2022, 06.00 PM IST
NSE unlikely to join IPO bandwagon this year. Here's whyThere are ample roadblocks in NSE’s IPO path and the company has not yet taken clearance or moved to file its (draft red herring prospectus...
05 Dec, 2021, 02.49 PM IST
Global investors queue up for LIC IPO anchor bookBlackstone, BlackRock, Abu Dhabi Investment Authority, Govt of Singapore Investment Corp and Capital International are understood to have h...
26 Nov, 2021, 05.36 AM IST
LIC to file draft IPO papers with Sebi next monthSince the LIC Act has no provision for foreign investments, there is a need to align the proposed LIC IPO with Sebi norms regarding foreign...
03 Oct, 2021, 11.08 AM IST
Law firms bid to work on India's LIC IPO as government sweetens termsLIC’s IPO plans have attracted a lot of interest from investment bankers and the government has chosen 10 investment banks to work on it.
23 Sep, 2021, 10.46 PM IST
Indian law firms reluctant to advise on IPO of insurance giant LIC: SourcesThe government is scrambling to list LIC by March, in an exercise set to be India's biggest IPO, at a probable $12 billion. As many as 16 g...
15 Sep, 2021, 02.36 PM IST
LIC chief’s term extended to shepherd largest IPOThe IPO of LIC is crucial for the government to achieve its divestment target of Rs 1.75 lakh crore in FY22 as announced in the budget by f...
10 Jun, 2021, 06.47 AM IST
Govt gets in on the act to prepare LIC for FY22 listingThese statutory amendments, made public in the Finance Bill on Monday after the budget, will enable the life insurer to comply with key lis...
03 Feb, 2021, 08.00 AM IST
Here's what it will take to list LICAmendments to Sections 37, 24 and 28 of the LIC Act likely
08 Feb, 2020, 08.36 AM IST