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POLICYHOLDER RESERVATION PORTION
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...06 May, 2022, 06.15 AM IST- Rahul Gandhi says Modi government undervalued LICLIC has fixed the price band at Rs 902-949 per equity share for the issue. The offer includes a reservation for eligible employees and poli...05 May, 2022, 07.12 PM IST
- RBI rate shock won't dampen LIC IPOWhile the Reserve Bank of India's unexpected interest rate increase soured sentiment in the stock market, analysts do not expect that to af...05 May, 2022, 11.34 AM IST
- 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...28 Apr, 2022, 11.17 AM IST
- LIC IPO gets SEBI nod; Important FAQs policyholders who want to invest should knowThe much-awaited LIC IPO has been approved by market regulator Sebi, state news report. In February, LIC had submitted its draft papers wit...09 Mar, 2022, 10.27 AM IST
- LIC PAN link deadline: Last date for policyholders to update PAN to apply for IPOLast date for a policyholder to update his or her PAN was before February 28, 2022. Individuals who update their PAN after the deadline wil...02 Mar, 2022, 09.41 AM IST
- 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...28 Feb, 2022, 09.15 AM IST
- Are PMJJBY policyholders eligible for discounted LIC IPO shares?All policies other than group policies qualify for Bidding in the Policyholder Reservation Portion. The total number of reservations for el...25 Feb, 2022, 10.05 AM IST
- How to revive lapsed LIC policyPolicies of certain qualified plans can be revived under the campaign within five years of the initial unpaid premium, subject to particula...25 Feb, 2022, 10.03 AM IST
- How LIC policyholders can get discounted IPO shares: 29 FAQs answered by LICAccording to the DRHP, up to 10 percent will be reserved for eligible LIC policyholders under the Policyholder Reservation Portion. Here is...23 Feb, 2022, 01.45 PM IST
- These LIC policyholders can't apply for discounted IPO sharesMany policyholders may be interested in applying for allotment in the IPO. However, not all LIC policyholders will be eligible to apply via...17 Feb, 2022, 10.30 AM IST
- Can NRI LIC policyholders apply for discounted IPO shares?NRI policyholders or other policyholders residing out of India cannot apply under Policyholder Reservation Portion. Here what NRIs who want...17 Feb, 2022, 10.26 AM 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
- 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...16 Feb, 2022, 10.19 AM IST
- LIC policyholders need to update PAN details by Feb 28 to participate in IPOThe 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...15 Feb, 2022, 08.30 PM IST
- 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 ...15 Feb, 2022, 01.27 PM IST
- Insurers set to take a big mark-to-market knockThe life insurance industry stands to lose several hundred crores this year on account of the rise in interest rates.21 Jul, 2008, 02.35 AM IST
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