LIC makes muted debut, lists at 9% discount on stock exchangesForeign brokerage Macquarie has initiated coverage on LIC with a 'neutral' rating and a target price of Rs 1,000 per share.
17 May, 2022, 11.47 AM IST
LIC shares to list on bourses today. Here's what grey market is signallingAccording to dealers tracking the grey market, investors should trim hopes of listing pop from the state-run insurer as sentiments are jeop...
17 May, 2022, 09.39 AM IST
LIC shares to start trading on Tuesday. Will retail investors burn fingers?The bigger test will be how LIC stock performs over a longer period, which may be a disappointment if earlier state IPOs are any indication...
16 May, 2022, 10.37 AM IST
LIC IPO: Grey market premium tumbles 90% in just one weekLIC IPO was overall subscribed 2.95 times. The portion for policyholders was subscribed 6.12 times, followed by 4.4 times bidding for emplo...
11 May, 2022, 11.30 AM IST
LIC IPO reflects the strength of Aatmanirbhar Bharat: DIPAM Secy; allotment on May 12Disinvestment Secretary Tuhin Kanta Pandey Monday said the public issue of Life Insurance Corp is a success and is optimistic about listing...
09 May, 2022, 10.55 PM IST
LIC IPO price attractive, lot of growth potential: Chairman KumarOn 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...
29 Apr, 2022, 07.29 PM IST
LIC IPO demands a valuation of 202 PE. Is it worth it?This is perhaps the most expensive in recent memory and makes the company more expensive than not just its peers but also the likes of Adan...
28 Apr, 2022, 11.15 AM IST
LIC kick-starts largest IPO in IndiaAfter lowering the expected valuation and reducing the size of the offering, the government expects the May 4-9 initial public offer (IPO) ...
27 Apr, 2022, 10.02 PM IST
LIC shares to list on stock exchanges on May 17As per the final papers filed with Sebi, the allotment of shares to the demat account of bidders will happen by May 16, post which LIC woul...
27 Apr, 2022, 01.20 PM IST
LIC IPO: Govt mulls selling 7% stake for ₹50,000 cr in insurer next monthThe government is discussing selling as much as a 7% stake in LIC through the listing, according to the people, who asked not to be identif...
05 Apr, 2022, 04.27 PM IST
Jefferies India says LIC IPO can disrupt market balance, terms it near-term risk“Heavy foreign selling has been absorbed by strong domestic buying, smoothening the market impact. Potential LIC IPO (estimated at $5-7 bil...
24 Feb, 2022, 10.49 AM IST
LIC policyholders need to update PAN details by Feb 28 to participate in IPOThe initial public offering (IPO) of over 31.6 crore shares or 5 per cent government stake is likely to hit the market in March and employe...
15 Feb, 2022, 08.30 PM IST
Will mega LIC IPO squeeze liquidity out from Dalal Street?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...
15 Feb, 2022, 03.10 PM IST
Explainer: Why India's largest insurer LIC is going publicAfter the listing, which is expected in March, LIC will be one of India's biggest publicly listed companies alongside giants such as Relian...
14 Feb, 2022, 11.56 AM IST
LIC IPO to turn the insurer into India's largest listed financial firmWhen the IPO is complete, it would surpass the previous record set by Paytm’s owner, One97Communications, which raised Rs 18,300 crore last...
14 Feb, 2022, 09.42 AM IST
PSU bets give LIC a Rs 20,000 crore headache as stocks slide up to 43%The biggest loss the insurer has suffered on any PSU stock is not the scam-hit PNB.
22 Mar, 2018, 03.15 PM IST
LIC to cap stake in listed firms at 15%, ITC slipsLIC was holding 16.26 per cent stake in ITC, as of March 31, 2017.
21 Apr, 2017, 03.39 PM IST