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LIC PRICE BAND
AI pure-play Fractal Analytics crosses IPO mark first time since listing amid slipping retail ownership. What's the outlook?Fractal Analytics crossed its IPO price for the first time since listing as the stock rallied 8% in two sessions, even as retail ownership ...
Ahead of Market: 10 things that will decide stock market action on ThursdayThe Nifty 50 and BSE Sensex surged over 1.6% after US–Iran talks optimism boosted sentiment, driving broad-based buying. Falling volatility...
LIC to hold roadshows in Hong Kong, UK in JuneLife Insurance Corporation (LIC) of India is set to hold international roadshows in Hong Kong and the UK later this month, aimed at raising...
LIC sets IPO issue price at Rs 949 apiece; listing likely on TuesdayThe issue by the insurance behemoth received bids for 478.3 million shares against the 162 million on sale (excluding the anchor book), exc...
LIC IPO subscribed 1.38 times on Day 3; Policyholder quota sees 4x bidsRetail bidders can bid for the issue even on Saturday and Sunday, an unusual move aimed at attracting investors.
LIC's Rs 20,557-crore public offer fully subscribed on Day 2The insurer's policyholders and employees were the top bidders in the issue. The portion set aside for LIC's policyholders was subscribed t...
LIC IPO to stay open on Saturday for retail investorsRetail investors will be alloted 35% of the total shares in the offer, and given a discount of 45 rupees from the IPO price. About 10% of t...
Brokerages advise subscribing to LIC IPOAnalysts said the issue, at the upper end of the price band of ₹902 to ₹949 per share, is priced attractively compared to listed private li...
Why 'undervalue' LIC, 'rush' IPO in a volatile market, Congress asksMaintaining that it was not against disinvestment per se, the opposition party asked whether the Centre in its evaluation of LIC ignored th...
LIC IPO: 10 key things you must know about India's largest issueLIC IPO will open for subscription between May 4 (Wednesday) to May 9 (Monday).
Surging grey market demand hints at possible listing gains for LIC stockMostly, wealthy individuals and brokers participate in grey market trades. They started taking interest after the valuation of the insuranc...
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...
6.48 crore policyholders keen to buy LIC IPO, says officialThe LIC has set a price band of Rs 902-Rs 949 per equity share. The government intends to raise Rs 21,000 crore through the issue.
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...
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) ...
LIC IPO price band at Rs 902-949/shareET Now on Tuesday reported the price band, citing sources. Meanwhile, the company is set to officially announce the same in a press confere...
LIC IPO to open May 4 at Rs 902-949/ShareThe government will divest a 3.5% stake in Life Insurance Corp. of India (LIC) in the ₹902-949 price band in the initial public offer (IPO)...
LIC IPO may open on May 4: 7 things to know about mega issue
When is LIC launching IPO? It all depends on Mr Market's moodLIC’s IPO will be the biggest to be impacted by the war, which has wiped out 6% of BP Plc’s market value and over $3 trillion of global mar...
LIC investments of Rs 10,000 crore under scannerA senior government official told ET that investments worth Rs 10,000 crore made by LIC are being investigated.