The companies, which filed their preliminary IPO (Initial Public Offering) papers with the Securities and Exchange Board of India (Sebi) between March and April, obtained their observation letters from July 5 to July 7
Deals worth $130.3 billion were more than double than the value recorded in the year-ago period, making it the highest semi-annual period since records began...
The IPO consists of a fresh issue of equity shares aggregating up to Rs 700 crore and an offer-for-sale (OFS) worth Rs 150 crore by promoters, according to...
The stock made its debut at Rs 706.15, registering a jump of 9.99 per cent from the issue price at the BSE. It rallied 20.98 per cent to Rs 776.75.
The company's proposed IPO comprised a fresh issue of equity shares aggregating up to Rs 7,000 crore and an offer for sale to the tune of Rs 1,430 crore, as...
The company's Rs 165.41-crore Initial Public Offer (IPO) received bids for 1,57,21,696 shares against 35,51,914 shares on offer.
The company's Initial Public Offer (IPO) of up to 85,49,340 equity shares had a price range of Rs 595-630 per share.
The company's Rs 5,235-crore public issue comprises a fresh issue of up to Rs 4,000 crore and an offer for sale of up to Rs 1,235 crore.
Against 16,20,78,067 shares on offer, 29,08,27,860 bids were received, according to the data posted on stock exchanges at 7 pm.
The government is selling 22,13,74,920 shares in Life Insurance Corporation (LIC) at a price band of Rs 902-949 a share, targeting to raise about Rs 21,000...
IDBI Bank became a subsidiary of LIC with effect from January 21, 2019, following the acquisition of an additional 82,75,90,885 equity shares.
Even after the reduced size of about Rs 20,557 crore, LIC IPO is going to be the biggest initial public offering ever in the country.
The government expects to raise around Rs 21,000 crore from LIC IPO, which values the state-owned insurer at Rs 6 lakh crore.
The LIC has set a price band of Rs 902-Rs 949 per equity share. The government intends to raise Rs 21,000 crore through the issue.
The government is raising Rs 20,557 crore by diluting 3.5 per cent of its stake entirely through an offer for sale route, and will still be the biggest initial...
The government is selling over 22.13 crore shares in LIC at a price band of Rs 902-949 a piece in the initial public offering, which opens on May 4 and closes...
With this IPO, which is through an offer-for-sale (OFS) route, the government is looking to divest its 3.5 per cent stake in the state-run insurer by selling...
The issue is likely to open for subscription on May 4 and is expected to close on May 9.
The government has slashed the LIC IPO size to 3.5 per cent at Rs 21,000 crore amidst the escalating Russia-Ukraine war.
The development comes at a time when the government has slashed its LIC IPO size from 5 per cent to 3.5 per cent at Rs 21,000 crore.
LIC's embedded value, which is a measure of the consolidated shareholder’s value in an insurance company, was pegged at about Rs 5.4 lakh crore as of...
Touted as India’s biggest IPO, the government was earlier planning to sell its 5 per cent stake in LIC to raise Rs 63,000 crore.
The three-day initial share-sale will open for public subscription from April 26 and the bidding for anchor investors will open on April 25, according to the...
The LIC public issue is expected to be the biggest IPO in the history of the Indian stock market. Once listed, LIC's market valuation will be comparable to top...
Flipkart had earlier set an IPO valuation goal of $50 billion