Thursday, Jul 07, 2022
Outlook.com

Govt Likely To Invite Preliminary Bids For IDBI Bank Privatisation Next Month: Official

Govt Likely To Invite Preliminary Bids For IDBI Bank Privatisation Next Month: Official

The Department of Investment and Public Asset Management (DIPAM) is currently holding roadshows in the US for the sale

10 June 2022
Govt Concerned About Dip In LIC Share Price; Calls It Temporary Blip

Govt Concerned About Dip In LIC Share Price; Calls It Temporary Blip

Since the day of listing, LIC shares have remained below the issue price and had touched a low of Rs 708.70 and a high of Rs 920

10 June 2022

LIC Shares Fall For 5th Day; M-Cap Dips Below Rs 5 Lakh Crore-Mark

The stock fell by 2.86 per cent to end at Rs 777.40 apiece on the BSE. During the day, it tanked 3.10 per cent to Rs 775.40 -- its lowest level since listing...

Sebi Says ASBA Application Will Be Processed Only After Money Is Blocked in Investor's Account 

Sebi Says ASBA Application Will Be Processed Only After Money Is Blocked in Investor's Account 

Securities and Exchange Board of India on Monday, May 30, 2022, has tweaked the facility of Application Supported by Blocked Amount (ASBA) in Public Issues for...

31 May 2022

What Discounted Listing Of LIC Stock Means For Investors

The tepid listing of LIC is factor of weak sentiment in global markets and it has not to do with the company's valuations. At the upper band LIC IPO was priced...

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13 May 2022
LIC Issue Price Fixed At Rs 949 Per Share; Policyholders, Retail Investors Get Discount

LIC Issue Price Fixed At Rs 949 Per Share; Policyholders, Retail Investors Get Discount

The Initial Public Offering (IPO) of Life Insurance Corporation (LIC) closed on May 9 and shares were allocated to bidders on May 12


09 May 2022
LIC IPO Shares To Be Allocated To Bidders On May 12

LIC IPO Shares To Be Allocated To Bidders On May 12

LIC's IPO was subscribed 2.95 times on the last day of the offer period on Monday, helping the government mobilize about Rs 21,000 crore.


09 May 2022
LIC IPO Subscribed Nearly 3 Times On Last Day; Government Raises Rs 21,000 Crore

LIC IPO Subscribed Nearly 3 Times On Last Day; Government Raises Rs 21,000 Crore

Against 16,20,78,067 shares on offer, 47,83,25,760 bids were received, according to data posted on stock exchanges at 7 pm.


09 May 2022
LIC IPO Subscribed Nearly 3 Times; Government Raises Rs 21,000 Cr

LIC IPO Subscribed Nearly 3 Times; Government Raises Rs 21,000 Cr

Life Insurance Corporation's IPO, the country's biggest public offer, was subscribed 2.95 times on the last day of offer period on Monday, helping the...


09 May 2022
LIC IPO: QIB Portion Fully Subscribed On Day 5, Offer Closes Today

LIC IPO: QIB Portion Fully Subscribed On Day 5, Offer Closes Today

With the public offer which closes later in the day, the government aims to generate about Rs 21,000 crore by diluting a 3.5 per cent stake in the insurance...


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09 May 2022
LIC IPO Subscribed 1.79 Times On Day 5; Offer Closes On Monday

LIC IPO Subscribed 1.79 Times On Day 5; Offer Closes On Monday

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.


07 May 2022
LIC IPO: All Banks Designated To Process Application To Remain Open On Sunday

LIC IPO: All Banks Designated To Process Application To Remain Open On Sunday

RBI asks all scheduled commercial banks designated to process LIC IPO application to remain open on Sunday, May 8


07 May 2022
LIC IPO Day 4 Update: Oversubscribed By Retail, Non-Institutional Buyers;  Institutions Subscribe 67%

LIC IPO Day 4 Update: Oversubscribed By Retail, Non-Institutional Buyers; Institutions Subscribe 67%

At present, retail policy holders and non-institutional buyers have oversubscribed the issue, but institutional buyers have subscribed 67 per cent, as of May...


07 May 2022
A First-Time Investor’s Guide To Initial Public Offerings

A First-Time Investor’s Guide To Initial Public Offerings

An initial public offering, especially if it is of a trusted name, can be a good investment vehicle for first-time investors to start their journey in the...


06 May 2022
LIC IPO: Retail Portion Fully Subscribed On Day 3

LIC IPO: Retail Portion Fully Subscribed On Day 3

Subscription for the non-institutional investors' segment stood at 76 per cent, while that for QIBs' portion was lower at 56 per cent.


06 May 2022
Sensex tanks over 700 points, Nifty opens below 16,420 

Sensex tanks over 700 points, Nifty opens below 16,420 

The Sensex tanked 743 points to open at 54,938.38 while the Nifty 50 opens below 16,420, down 250 points.


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06 May 2022
Key Things To Know Before Market Opens On Friday

Key Things To Know Before Market Opens On Friday

Wall Street tumbled after having jumped the previous day on the Federal Reserve holding back on aggressively raising rates. 


05 May 2022
LIC IPO Subscribed 90 Percent Till Noon On Second Day

LIC IPO Subscribed 90 Percent Till Noon On Second Day

LIC has fixed the price band at Rs 902-949 per equity share for the issue. The offer includes a reservation for eligible employees and policyholders. The...


04 May 2022
LIC IPO Subscribed 64% On Day 1; Policyholders, Employees Portions Oversubscribed

LIC IPO Subscribed 64% On Day 1; Policyholders, Employees Portions Oversubscribed

Portions set aside for Non Institutional Investors and Qualified Institutional Buyers (QIBs) also got subscribed 26 per cent and 33 per cent each...


04 May 2022
LIC IPO Subscribed 0.29 Times Till Noon

LIC IPO Subscribed 0.29 Times Till Noon

Of the total, the policyholder portion was subscribed fully while the reserved employees' portion was subscribed 0.49 times, as per the data on stock...


04 May 2022
LIC IPO: India's Largest-Ever IPO Opens For Subscription

LIC IPO: India's Largest-Ever IPO Opens For Subscription

LIC has fixed the price band at Rs 902-949 per equity share for the issue. The offer includes a reservation for eligible employees and policyholders. 


04 May 2022
Indices Open With Marginal Gains; Nifty Nears 17,100

Indices Open With Marginal Gains; Nifty Nears 17,100

The BSE MidCap and SmallCap indices were up to 0.5 per cent higher.


04 May 2022
LIC Reaches Its Policyholders Via SMS On IPO Eve

LIC Reaches Its Policyholders Via SMS On IPO Eve

The Initial Public Offering (IPO) of LIC opens for retail and institutional investors on Wednesday and will close on May 9


04 May 2022
LIC IPO Opens Today: Fund Managers Invested Heavily; Should You?

LIC IPO Opens Today: Fund Managers Invested Heavily; Should You?

LIC’s IPO opened for anchor investors on May 2, 2022. As many as 99 mutual fund schemes invested over Rs 4,000 crore in the IPO. Should you invest too?


03 May 2022
LIC IPO Opens Tomorrow, Should You Subscribe? Key Things To Know

LIC IPO Opens Tomorrow, Should You Subscribe? Key Things To Know

Considering a single share costs Rs 949, you would require Rs 14,235 for a single lot of LIC IPO while the maximum you can invest is Rs 1,99,290


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