Tuesday, Jul 05, 2022
Outlook.com

Amfi Rejig Could See LIC, Adani Enter Large-Cap Space

Amfi Rejig Could See LIC, Adani Enter Large-Cap Space

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.

28 June 2022
All You Need To Know About LIC Bima Jyoti Insurance Plan

All You Need To Know About LIC Bima Jyoti Insurance Plan

Launched in December 2021, the LIC Bima Jyoti Insurance plan is a non-linked, non-participating, individual, life assurance savings plan that provides...

24 June 2022

LIC Ups Stake In Capri Global To Over 7% With Rs 221 Crore Investment

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...

LIC Shares Tumble Nearly 6%; Down Over 29% From Issue Price

LIC Shares Tumble Nearly 6%; Down Over 29% From Issue Price

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

13 June 2022

LIC Profit Drops 17% At Rs 2,409 Crore In March Quarter

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.

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17 May 2022
LIC Becomes Fifth Most Valued Company With Mcap Of Rs 5.54 Lakh Crore

LIC Becomes Fifth Most Valued Company With Mcap Of Rs 5.54 Lakh Crore

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....


09 May 2022
LIC IPO Shares To Be Allocated To Bidders On May 12

LIC IPO Shares To Be Allocated To Bidders On May 12

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.


09 May 2022
LIC IPO Subscribed Nearly 3 Times On Last Day; Government Raises Rs 21,000 Crore

LIC IPO Subscribed Nearly 3 Times On Last Day; Government Raises 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.


09 May 2022
LIC IPO: QIB Portion Fully Subscribed On Day 5, Offer Closes Today

LIC IPO: QIB Portion Fully Subscribed On Day 5, Offer Closes Today

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...


07 May 2022
LIC IPO: All Banks Designated To Process Application To Remain Open On Sunday

LIC IPO: All Banks Designated To Process Application To Remain Open On Sunday

RBI asks all scheduled commercial banks designated to process LIC IPO application to remain open on Sunday, May 8


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07 May 2022
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...


06 May 2022
LIC IPO: Retail Portion Fully Subscribed On Day 3

LIC IPO: Retail Portion Fully Subscribed On Day 3

Subscription for the non-institutional investors' segment stood at 76 per cent, while that for QIBs' portion was lower at 56 per cent.


05 May 2022
Rahul Gandhi Says Modi Govt Undervalued LIC

Rahul Gandhi Says Modi Govt Undervalued LIC

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.


04 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

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...


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


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04 May 2022
LIC IPO Opens Today: Fund Managers Invested Heavily; Should You?

LIC IPO Opens Today: Fund Managers Invested Heavily; Should You?

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?


02 May 2022
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...


29 April 2022
IDBI Bank Privatisation Process On: DIPAM Secretary

IDBI Bank Privatisation Process On: DIPAM Secretary

The preparation for privatization of IDBI Bank is going on, he said during a media interaction at the LIC IPO briefing. 


29 April 2022
IPO Price Attractive; Lot Of Growth Potential: LIC Chairman

IPO Price Attractive; Lot Of Growth Potential: LIC Chairman

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.


29 April 2022
Finance Ministry, Sebi To Take Call On Relaxation In LIC Meeting Minimum Public Holding Norm: DIPAM Secretary

Finance Ministry, Sebi To Take Call On Relaxation In LIC Meeting Minimum Public Holding Norm: DIPAM Secretary

The government expects to raise around Rs 21,000 crore from LIC IPO, which values the state-owned insurer at Rs 6 lakh crore.


02 May 2022
LIC IPO To Open On May 4 At Low Valuation: Should You Buy?

LIC IPO To Open On May 4 At Low Valuation: Should You Buy?

The much-anticipated initial public offering (IPO) of insurance behemoth Life Insurance Corporation of India (LIC) will hit the markets on Wednesday May 4,...


28 April 2022
6.48 Crore Policyholders Keen To Buy LIC IPO: Official

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.


28 April 2022
LIC Valuation Cheapest Among Domestic Peers. What Prompted Government To Reduce Valuation? 

LIC Valuation Cheapest Among Domestic Peers. What Prompted Government To Reduce Valuation? 

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...


27 April 2022
LIC Share Sale Right-Sized To Make It Sail Through: Government

LIC Share Sale Right-Sized To Make It Sail Through: Government

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...


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