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
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...
The Initial Public Offering (IPO) of Life Insurance Corporation (LIC) closed on May 9 and shares were allocated to bidders on May 12
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
The Retail Individual Investor (RII) category garnered over 7.2 crore bid, as against 6.9 crore shares set aside for this segment
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...
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...
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 Initial Public Offering (IPO) of LIC opens for retail and institutional investors on Wednesday and will close on May 9
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
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
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...
Life Insurance Corporation (LIC) would offer a Rs 60 discount for policyholders and Rs 40 for retail investors and employees
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...
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...