Tuesday, Jul 05, 2022
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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

13 May 2022
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

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...

05 May 2022

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...

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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


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...


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