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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...

28 April 2022

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...

LIC To List On Stock Exchanges On May 17

LIC To List On Stock Exchanges On May 17

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 Sets Price Band At Rs 902-949 Per Share For Rs 21,000 Crore IPO, Opens May 4

With this IPO, which is through an offer-for-sale (OFS) route, the government is looking to divest its 3.5 per cent stake in the state-run insurer by selling...

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26 April 2022
LIC's IPO Price Band To Be Between Rs 902 And Rs 949 Per Share

LIC's IPO Price Band To Be Between Rs 902 And Rs 949 Per Share

The issue is likely to open for subscription on May 4 and is expected to close on May 9.


25 April 2022
LIC IPO Issue To Open On May 4: Report

LIC IPO Issue To Open On May 4: Report

The government has slashed the LIC IPO size to 3.5 per cent at Rs 21,000 crore amidst the escalating Russia-Ukraine war.


25 April 2022
As Divestment Plans Take A Hit, Government To Fast-Track Asset Monetisation: Report

As Divestment Plans Take A Hit, Government To Fast-Track Asset Monetisation: Report

The development comes at a time when the government has slashed its LIC IPO size from 5 per cent to 3.5 per cent at Rs 21,000 crore.


24 April 2022
Government Cuts LIC IPO Size To 3.5% To Raise Rs 21,000 Crore

Government Cuts LIC IPO Size To 3.5% To Raise Rs 21,000 Crore

LIC's embedded value, which is a measure of the consolidated shareholder’s value in an insurance company, was pegged at about Rs 5.4 lakh crore as of...


22 April 2022
Government May Cut LIC IPO Size By 40% To Rs 30,000 Crore Amidst Russia-Ukraine War: Report

Government May Cut LIC IPO Size By 40% To Rs 30,000 Crore Amidst Russia-Ukraine War: Report

Touted as India’s biggest IPO, the government was earlier planning to sell its 5 per cent stake in LIC to raise Rs 63,000 crore.


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21 April 2022
Life Insurers Clock 37% Rise In New Premiums In March 2022

Life Insurers Clock 37% Rise In New Premiums In March 2022

As the pandemic subsides, the life insurance sector limps back to normalcy


17 April 2022
Government Allows 20% FDI In LIC Ahead Of IPO

Government Allows 20% FDI In LIC Ahead Of IPO

The LIC public issue is expected to be the biggest IPO in the history of the Indian stock market. Once listed, LIC's market valuation will be comparable to top...


21 March 2022
LIC IPO: Govt Files Updated Draft Papers With Q3 Financials

LIC IPO: Govt Files Updated Draft Papers With Q3 Financials

As per the updated financials, the Life Insurance Corporation reported a net profit of Rs 235 crore in the October-December quarter


15 March 2022
DPIIT Notifies 20% FDI In LIC Under Automatic Route

DPIIT Notifies 20% FDI In LIC Under Automatic Route

The notification has inserted a paragraph in the existing policy allowing up to 20 per cent FDI in LIC through the automatic route.


14 March 2022
LIC Share Sale Via IPO Unlikely In Current Financial Year: Report

LIC Share Sale Via IPO Unlikely In Current Financial Year: Report

The government has time till May 12 to launch the IPO without filing fresh papers with market regulator Securities Exchange Board of India (Sebi).


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...


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09 March 2022
LIC Gets SEBI’s Nod To Launch India’s Biggest IPO: Report

LIC Gets SEBI’s Nod To Launch India’s Biggest IPO: Report

LIC had filed the DRHP with SEBI on February 13 this year. Through the IPO the government is looking to sell its 5 per cent stake that would fetch over Rs...


08 March 2022
Is Disinvestment Like Killing The Golden Goose?

Is Disinvestment Like Killing The Golden Goose?

CPSEs have been engaged in the manufacture of goods and provisions of services in almost all the important spheres of economic activity.


06 March 2022
Disinvestment Proceeds To Fall Short Of Revised Estimates Second Time Since 2014

Disinvestment Proceeds To Fall Short Of Revised Estimates Second Time Since 2014

Since the Modi government came to power in 2014, it was only in the financial year 2019-20 that it failed to achieve the revised CPSE disinvestment target of...


06 March 2022
Government May Defer LIC IPO To Next Fiscal Amid Russia-Ukraine Conflict, Say Experts

Government May Defer LIC IPO To Next Fiscal Amid Russia-Ukraine Conflict, Say Experts

The government was looking to sell a 5 per cent stake in Life Insurance Corporation (LIC) this month, which could have fetched over Rs 60,000 crore to the...


04 March 2022
IPO-Bound LIC Appoints Sunil Agrawal As Chief Finance Officer

IPO-Bound LIC Appoints Sunil Agrawal As Chief Finance Officer

Agrawal was earlier the CFO of Reliance Nippon Life Insurance for over 12 years. He was also associated with ICICI Prudential Life Insurance for 5 years.


04 March 2022
Government May Delay LIC IPO To Next Fiscal Amid Ukraine Crisis: Report

Government May Delay LIC IPO To Next Fiscal Amid Ukraine Crisis: Report

According to the report, the government will initially access the ongoing situation between Russia and Ukraine before moving ahead to the IPO. 


01 March 2022
LIC IPO: Stock Brokers Woo Investors With Offers For Free Demat Accounts

LIC IPO: Stock Brokers Woo Investors With Offers For Free Demat Accounts

Indian stock brokers are using clever marketing tricks and free demat accounts to attract investors who want to participate in the LIC IPO.


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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