Amfi is set to release a new stock classification, thereby making way for LIC and Adani Wilmar to get a direct entry into large-cap category.
Launched in December 2021, the LIC Bima Jyoti Insurance plan is a non-linked, non-participating, individual, life assurance savings plan that provides...
LIC's shareholding in Capri Global Capital has increased from 88,58,348 equity shares to 1,24,00,000 equity shares or from 5.043 per cent to 7.059 per cent of...
The stock tanked 5.85 per cent to settle at Rs 668.20 apiece on the BSE. During the day, it plunged 6 per cent to Rs 666.90
The total income of the insurer during the March quarter increased to Rs 2,12,230.41 crore, from Rs 1,90,098 crore in the same period of the previous fiscal.
Shares of LIC closed at Rs 875.45, down Rs 73.55 or 7.75 per cent over the issue price, on the BSE. At this price, LIC is valued at nearly Rs 5.54 lakh crore....
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.
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.
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...
RBI asks all scheduled commercial banks designated to process LIC IPO application to remain open on Sunday, May 8
At present, retail policy holders and non-institutional buyers have oversubscribed the issue, but institutional buyers have subscribed 67 per cent, as of May...
Subscription for the non-institutional investors' segment stood at 76 per cent, while that for QIBs' portion was lower at 56 per cent.
The LIC public offer, the country's biggest-ever IPO, was subscribed 90 per cent till noon by investors on the second day of bidding on Thursday.
Portions set aside for Non Institutional Investors and Qualified Institutional Buyers (QIBs) also got subscribed 26 per cent and 33 per cent each...
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...
The Initial Public Offering (IPO) of LIC opens for retail and institutional investors on Wednesday and will close on May 9
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?
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...
The preparation for privatization of IDBI Bank is going on, he said during a media interaction at the LIC IPO briefing.
Even after the reduced size of about Rs 20,557 crore, LIC IPO is going to be the biggest initial public offering ever in the country.
The government expects to raise around Rs 21,000 crore from LIC IPO, which values the state-owned insurer at Rs 6 lakh crore.
The much-anticipated initial public offering (IPO) of insurance behemoth Life Insurance Corporation of India (LIC) will hit the markets on Wednesday May 4,...
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.
India’s largest initial public offering (IPO) of insurance behemoth Life Insurance Corporation of India (LIC) will hit the street on May 4, 2022. It is going...
The government is raising Rs 20,557 crore by diluting 3.5 per cent of its stake entirely through an offer for sale route, and will still be the biggest initial...
