Investors 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...

The issue size is expected to be worth Rs 21,000 crore, valuing the country's largest insurer at Rs 6 lakh crore.

The 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...

The 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...

LIC had, on February 13, filed the draft red herring prospectus (DRHP) for LIC IPO. Earlier this week, Sebi gave approval to the draft pape...

The 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 IPO is likely to have reservations for eligible employees and policyholders of the company, according to the DRHP.

Generally, in a highly volatile market, investors tend to play safe and refrain from making fresh investments. Thus, the equity market need...

The 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...

To 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...

In 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...

To be eligible for reservation under the Policyholder Reservation Portion category, the policy should have been issued on or before the dat...

Individual applications cannot be made by both beneficiaries of the demat account. Application can be made only in the name of the first/pr...

The 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...

“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...

IRDAI has approved LIC India's request to be allowed to go for an IPO of shares. Policyholders may be offered a discount on the price of sh...

ET 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, ...