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LIC IPO UPDATE
LIC IPO: 5 things policyholders looking to get discounted shares should knowThe much-anticipated IPO of LIC will open on May 4, 2022. Here are five things policyholders interested in investing in the IPO through the...
LIC launches India's largest IPO; issue opens on May 4. All details hereInvestors can bid for shares in a lot size of 15 shares, and multiples thereof. There is an employee reservation of 15.81 lakh shares while...
LIC IPO may open on May 4: 7 things to know about mega issue
LIC IPO likely to open between May 4-9; govt eyes RHP this weekThe issue size is expected to be worth Rs 21,000 crore, valuing the country's largest insurer at Rs 6 lakh crore.
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...
LIC IPO likely to hit Dalal Street in mid-May after market turbulence calms downThe IPO, which was set to launch before end of March, forms a key part of Prime Minister Narendra Modi government’s plan to divest state as...
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...
Govt watching market on LIC, hopes to bring out IPO soon: DIPAMThe market has been choppy in the last two months due to concerns over monetary tightening, rising inflation and an ongoing war in Europe t...
LIC gets Sebi approval to launch India's biggest ever IPOLIC IPO is likely to have reservations for eligible employees and policyholders of the company, according to the DRHP.
LIC IPO may be postponed to next fiscal year amid Ukraine crisis: ExpertsGenerally, in a highly volatile market, investors tend to play safe and refrain from making fresh investments. Thus, the equity market need...
Ukraine crisis: Govt may defer LIC IPOThe government was expecting to garner Rs 63,000 crore by selling 5 per cent stake in the life insurance firm to meet the curtailed disinve...
How to link PAN with LIC policy to invest in LIC IPOTo be able to be eligible to apply for the shares in LIC's IPO as an existing policyholder, it's important to make sure certain details are...
LIC IPO: Deadline for policyholders to update PAN to apply for sharesIn the LIC policy, the PAN number of the applicant must be updated to invest in the IPO. The Life Insurance Corporation of India has previo...
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...
Can joint LIC policyholders apply for discounted IPO shares?Individual applications cannot be made by both beneficiaries of the demat account. Application can be made only in the name of the first/pr...
LIC IPO may be a great opportunity for investors but is the timing right?“I think LIC is a very good IPO but it may not be the right time for it,” said Basant Maheshwari, the co-founder of Basant Maheshwari Wealt...
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, ...