Mostly, wealthy individuals and brokers participate in grey market trades. They started taking interest after the valuation of the insuranc...

The private player has reported a better premium number in the March quarter and highlighted that FY23 should be good for the retail protec...

For the secondary market, the lower-than-expected 3.5% stake sale removes the hangover of huge papers coming to the market, even as it woul...

“We may have to rethink the strategy. Already we have changed the strategy to an extent where we have a separate fund for ULIPs, for exampl...

“The valuations are extremely attractive with the discounts that have been offered to retail investors and policyholders. This seems like a...

“I feel that the IPO will get a good subscription. Given the Rs 40 lakh crore AUM that LIC manages and the scale of the company, the war is...

“We would believe that a multiple of 2 to 2.25 or something like that for an embedded value should be more in order, which is at a discount...

The Indian union cabinet has approved a policy amendment allowing foreign direct investment of up to 20% in Life Insurance Corp of India (L...

Foreign brokerage UBS said domestic sources accounted for over half of 2021 IPO subscriptions, with retail investors accounting for 32 per ...

If the same multiples of the embedded value are applied on LIC, the issue size is likely to be in the range of Rs 80,000-1,00,000 crore. Ho...

The so-called embedded value of Life Insurance Corp. of India is likely to be more than 4 trillion rupees, and its market value could be ab...

DIPAM 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...

The possible valuation is based on preliminary talks and may change after detailed discussions, due diligence and an official valuation rep...

In terms of the issue size of the offer, the Rs 25,000 crore in paid-up capital infused by the government could constitute total outstandin...

Speaking to IANS, Disinvestment Secretary Tuhin Kanta Pandey noted the fact that LIC is a complex undertaking but the government is up to t...

These statutory amendments, made public in the Finance Bill on Monday after the budget, will enable the life insurer to comply with key lis...

DIPAM Secretary Tuhin Kanta Pandey said the pre-IPO work of LIC is going on at four stages and only after the four stages converge, then a ...