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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 7, 2022

07 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

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...

LIC IPO Sees 'Excellent' Response From Anchor Investors

LIC IPO Sees 'Excellent' Response From Anchor Investors

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...

02 May 2022

6.48 Crore Policyholders Keen To Buy LIC IPO: Official

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.

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12 March 2022
Why LIC IPO May Not Make You A Millionaire: Three Myths Busted

Why LIC IPO May Not Make You A Millionaire: Three Myths Busted

There is too much noise on the street about LIC IPO, leading to some myths about unrealistic gains. Here are three myths that are making the rounds and why...


28 February 2022
Today Is The Last Day To Register For LIC IPO For Policyholders: Here Is How To Participate In Share Allocation

Today Is The Last Day To Register For LIC IPO For Policyholders: Here Is How To Participate In Share Allocation

IPO refers to the first issue of shares to the public of either a privately-owned company or a company that is wholly owned by the government.


27 February 2022
LIC IPO Carries Risks Galore

LIC IPO Carries Risks Galore

By offering a 5 per cent stake to investors – 31.62 crore shares – the government will keep the entire proceeds of the IPO with itself while raising...


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