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 ...
22 Mar, 2022, 06.16 AM IST
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...
11 Mar, 2022, 03.49 PM IST
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...
17 Feb, 2022, 04.00 PM IST
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...
16 Feb, 2022, 08.40 PM IST
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...
16 Feb, 2022, 01.24 PM IST
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.
13 Feb, 2022, 08.00 PM IST
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...
07 Feb, 2022, 03.29 PM IST
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.
03 Feb, 2022, 03.27 PM IST
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.
02 Feb, 2022, 05.46 PM IST
LIC IPO: Govt may offload 5% stake for Rs 65,000-75,000 croreET NOW quoted sources as saying that the government may look to offload 5 per cent stake initially for Rs 65,000 crore to Rs 75,000 crore, ...
02 Feb, 2022, 11.03 AM IST
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...
28 Jan, 2022, 02.35 PM IST
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...
20 Jan, 2022, 11.46 AM IST
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%.
18 Jan, 2022, 06.37 AM IST
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...
13 Jan, 2022, 06.00 PM IST
Indian law firms reluctant to advise on IPO of insurance giant LIC: SourcesThe government is scrambling to list LIC by March, in an exercise set to be India's biggest IPO, at a probable $12 billion. As many as 16 g...
15 Sep, 2021, 02.36 PM IST
Govt aims to list LIC by Q4 of FY22: Dipam secyThe Centre aims to list state-run insurance behemoth LIC by the last quarter of the current financial year and merchant bankers for the tra...
14 Jul, 2021, 12.46 PM IST
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...
05 Jan, 2017, 12.41 PM IST