Wednesday, Jul 06, 2022
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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
What Discounted Listing Of LIC Stock Means For Investors

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...

17 May 2022

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

LIC IPO Day 4: Non-Institutional Investors' Portion Fully Subscribed, Retail Portion Booked 1.44 Times

LIC IPO Day 4: Non-Institutional Investors' Portion Fully Subscribed, Retail Portion Booked 1.44 Times

Retail individual investors bid for 9.57 crore shares as against 6.9 crore set aside for this segment, translating into an oversubscription of 1.44 times

07 May 2022

LIC IPO: Retail Portion Subscribed Fully

The Retail Individual Investor (RII) category garnered over 7.2 crore bid, as against 6.9 crore shares set aside for this segment

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05 May 2022
LIC IPO Fully Subscribed By End Of Second Day Of Bidding

LIC IPO Fully Subscribed By End Of Second Day Of Bidding

Portion set aside for retail individual investors was subscribed 90 per cent with quota reserved for policyholders getting subscribed 3.02 times and the quota...


04 May 2022
LIC IPO Subscribed 30% Within Hours Of Opening; Policyholders Portion Fully Booked

LIC IPO Subscribed 30% Within Hours Of Opening; Policyholders Portion Fully Booked

Life Insurance Corporations of India's (LIC) share sale via initial public offering was witnessing good response from investors as the IPO was subscribed 30...


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
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


03 May 2022
 LIC Raises Rs 5,627 Crore From Anchor Investors Ahead Of IPO Led By Domestic Institutions

 LIC Raises Rs 5,627 Crore From Anchor Investors Ahead Of IPO Led By Domestic Institutions

Anchor Investors' (AIs) portion (5,92,96,853 equity shares) was subscribed at Rs 949 per equity share, the insurer said in an early morning filing to exchanges


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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


27 April 2022
LIC To List On Stock Exchanges On May 17, Will Sell Shares In Price Band Of Rs 902-945/Share

LIC To List On Stock Exchanges On May 17, Will Sell Shares In Price Band Of Rs 902-945/Share

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...


27 April 2022
LIC IPO Is A Bumper Offer, Policyholders Must Grab Shares, Says Swastika Investmart

LIC IPO Is A Bumper Offer, Policyholders Must Grab Shares, Says Swastika Investmart

Life Insurance Corporation (LIC) would offer a Rs 60 discount for policyholders and Rs 40 for retail investors and employees


26 April 2022
LIC Sees Huge Interest From Anchor Investors Ahead Of IPO: Report

LIC Sees Huge Interest From Anchor Investors Ahead Of IPO: Report

The total commitment from over 100 global and domestic investors is more than Rs 6,300 crore allotment size to anchor investors. However, a formal anchor book...


21 April 2022
Government To Take Call On LIC IPO Timing This Week

Government To Take Call On LIC IPO Timing This Week

The sale of 5 per cent stake or 31.6 crore shares in the country's largest insurer was originally planned for in March, but was postponed in view of the...


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