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LIC PROSPECTUS
LIC likely to file preliminary IPO prospectus on TuesdayThe Indian government is looking to sell a 3.5% stake in the state-owned insurance behemoth and the IPO is likely to open in the first week...
Market volatility may affect LIC IPO valuationBankers are planning to open the issue on May 4 and end it on May 9, said the people cited above. Despite the depressed valuation, LIC is s...
LIC dominates insurance market despite losing shareDuring 2021-22, individual non-single premium rose 8.82% to Rs 30,016 crore from Rs 27,584 crore at the end of March 2021. The total first ...
LIC updates IPO papers with SebiThe government had earlier planned to launch the mega LIC IPO during the last week of March, but plans were deferred due to the turmoil in ...
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...
LIC PAN link deadline: Last date for policyholders to update PAN to apply for IPOLast date for a policyholder to update his or her PAN was before February 28, 2022. Individuals who update their PAN after the deadline wil...
LIC owes Income Tax Department Rs 75,000 crore, reveals IPO draftA chunk of the claims are due to alleged miscalculation of income in parts of LIC or its subsidiaries. If these litigation go against the c...
LIC woos global investors for Rs 75,000 cr-IPO via roadshowsCapital Group, Aberdeen Asset Management, California University Endowment, Abu Dhabi Investment Authority and Singapore's GIC are among the...
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...
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.
LIC policyholders may get 5% discount in IPO; DRHP filing likely this weekAccording to ET NOW sources, the government is likely to sell a 5-7 per cent stake in the IPO, to raise as much as Rs 65,000-75,000 crore f...
LIC's embedded value set at over Rs 5 lakh crore: Govt officialLIC is likely to sell its entire stake to IDBI Bank in 2022/23, a government official told Reuters.
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.
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...
LIC IPO may open the floodgates for new retail investors in stock marketLIC should set an example for retail investment in the IPO allotment. Why can’t all retail investors get an allotment in the share sale? No...
Inside the all-out campaign to prepare India's biggest-ever IPOA knock-out listing could see LIC raise as much as $10 billion from the IPO with a minimum dilution of 5%.
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...
LIC IPO could make the PSU India's second largest company after RelianceThe 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...
LIC planning to file IPO papers in last week of JanuaryThe state-run insurer plans to file the draft IPO prospectus in the week starting Jan. 31, which will provide the embedded value of LIC as ...
NSE IPO windfall: LIC’s Rs 40-cr investment may fetch Rs 7,000 croreLIC made returns on its investments in NSE, when the company’s board had approved payment of interim dividend at 795%, a bonus issue of one...