NSE IPO optimism lifts IFCI shares by 11%. What's the connection?IFCI shares surged over 11% after the National Stock Exchange (NSE) appointed 20 merchant bankers and eight law firms for its upcoming IPO....
NSE IPO: Temasek, LIC said to plan share sales in nearly Rs 23,000 crore issueTemasek Holdings and Life Insurance Corporation of India are poised to be major sellers in the National Stock Exchange of India's potential...
LIC’s investment in NSE emerges among top 6 most valuable holdingsThe Life Insurance Corporation of India (LIC), India’s largest institutional investor, continues to diversify its portfolio with significan...
LIC Housing, PNB Housing shares fall 7% as Bajaj gets all the attentionBajaj Housing Finance's stellar debut overshadowed the share trading of its competitors LIC Housing Finance and PNB Housing Finance, causin...
How LIC policyholder can apply for IPOPolicyholders who have linked their PAN to their LIC policies and have demat in their name are eligible to invest in the IPO under the poli...
LIC IPO: SBI, ASBA designated bank branches to remain open this Sunday, accept IPO applicationsTo assist the processing of applications for the LIC IPO, the RBI instructed all Application Supported by Blocked Amount (ASBA) approved ba...
LIC’s likely inclusion in MSCI indices could bring in $500 millionSecurities and Exchange Board of India (SEBI) regulations mandate that institutional investors who buy shares in a pre IPO placement have t...
LIC files DRHP with Sebi for India's largest IPO, govt to offload 5% stakeThe issue is completely an offer for sale of 31,62,49,885 equity shares by the promoter, which holds a 100 per cent stake in the insurance ...
LIC owns stocks worth Rs 9.5 lakh crore! Check out its biggest holdingsIn percentage terms, IDBI Bank was LIC's biggest holding at 49.24% as of December 31. In LIC Housing Finance, it owns a 45.24% stake.
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...
Samvat 2077 promises a blockbuster year for IPO investors: LIC, NSE, Zomato top listMany Indian companies delayed the IPOs due to the pandemic and, hence, the pipeline looks strong for the new Samvat year. Market watchers e...
UTI AMC's Rs 2,160-crore IPO to open on Sep 29UTI Asset Management Company (AMC) on Thursday fixed a price band of Rs 552-554 per share for its initial public offering (IPO), that will ...
IDBI Bank sells remaining 0.21% stake in NSEWhile both IDBI and LIC held stake in the exchange, the shareholding threshold in NSE was breached when LIC acquired a 51 per cent controll...
NSE revives IPO plans as colocation ban endsThe exchange could seek a total valuation of Rs 44,000-46,000 crore in the share sale.
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...
NSE’s IPO draft talks of biases towards select brokers: 7 things you must knowThe Rs 10K crore issue, biggest since the Coal India IPO in Oct 2010, has come at a time when the equity bourse has been in the news for on...
NSE to pay 795% dividend, bonusNSE is in the process of listing its shares in India and is preparing the ground to file the draft prospectus for its IPO with Sebi by Janu...