[ad_1] India’s biggest insurer and largest domestic financial investor also announced a dividend of 1.50 rupees per share with a face value of 10 rupees each, it said in a […]
Tag: LIC
How LIC’s IPO, India’s biggest, ended in a downbeat debut
[ad_1] Shares in Life Insurance Corp of India (LIC) dropped 7.8% on their market debut on Tuesday after India’s biggest initial public offering (IPO) was dogged for weeks by worries […]
Video: ‘3..2…1’- The moment LIC made much-anticipated market debut
[ad_1] Written by Ishika Yadav | Edited by Swati Bhasin After India’s largest ever initial public offering (IPO), the Life Insurance Corp (LIC) made its debut on the stock market […]
LIC IPO to be listed on stock markets tomorrow. Check share price, other details
[ad_1] LIC is the biggest IPO offering in the country, and had closed with nearly 3 times subscription, mostly by retail and institutional buyers. The foreign investor participation was muted. […]
LIC Debut puts millions of small investors’ faith to test
[ad_1] Millions of Indians investing in the country’s biggest listing could turn sour on the equity market if the stock follows the poor performance of its state-run predecessors. Prime Minister […]
India raises ₹205.6 billion in LIC IPO priced at top of range, ₹949 a share
[ad_1] Life Insurance Corporation of India will offer at 949 rupees a share, the state-run firm said in a prospectus filed Friday. India raised 205.6 billion rupees ($2.7 billion) as […]
Mega LIC IPO ends today: 10 things to know on day 6 of bidding
[ad_1] After nearly a week of bidding, the subscription period for the $2.7 billion public offering of Life Insurance Corporation of India is set to end on Monday. Dubbed by […]
LIC IPO is credit positive for India’s life insurance sector: Moody’s
[ad_1] Examining the impact of India’s state-owned Life Insurance Corporation’s IPO Moody’s Investors Service on Thursday said that the public issue is credit positive for India’s life insurance sector. LIC […]
Loudspeaker row: MVA calls for Sadbhavana rally on April 30 in Pune
[ad_1] PUNE The Maha Vikas Aghadi (MVA) and left parties and organisations have jointly called the unity sadbhavana rally on April 30 at Alka Talkies chowk PUNE The Maha Vikas […]
LIC IPO to open soon: Check important details, steps to apply, last date here
[ad_1] LIC IPO Latest news: The much-awaited initial public offering (IPO) of the Life Insurance Corporation of India is likely to open on May 4. The government, which wholly owns […]
LIC IPO price band set at ₹902-949 a share for ₹21,000 crore: Report
[ad_1] Life Insurance Corporation (LIC), an insurance giant, has fixed the price band at ₹902-949 per share for the ₹21,000 crore public offer (IPO) that may open on May 4, […]
LIC IPO date and 8 other things you should know
[ad_1] The Life Insurance Corporation‘s much-awaited IPO, or initial public offering, is expected to open on May 4, news agency ANI reported Tuesday morning. The Securities and Exchange Board of […]
India slashes LIC’s IPO fundraising goal in half to $3.9 billion: Report
[ad_1] New Delhi is halving its fundraising goal for Life Insurance Corporation of India’s IPO to 300 billion rupees ($3.9 billion), having had to cut its valuation estimates after feedback […]
Centre amends FEMA rules to allow 20% FDI in LIC
[ad_1] The government has amended rules of the Foreign Exchange Management Act (FEMA), paving the way for up to 20 per cent foreign direct investment in the insurance behemoth LIC. […]
LIC IPO news: Govt considers 7% stake sale for ₹50,000 crore – Report
[ad_1] The government is discussing selling as much as a 7% stake in LIC through the listing, according to the people, who asked not to be identified because the information […]
LIC: Last chance to revive your lapsed policies; check details here
[ad_1] If you have taken a policy from the Life Insurance Corporation of India (LIC) and it has lapsed, then there is an opportunity to revive it. The LIC has […]
LIC releases Q3 results days ahead of mega IPO
[ad_1] On Wednesday the Securities and Exchange Board of India (Sebi) approved LIC’s IPO to help the government mobilise about ₹63,000 crore to meet its disinvestment target for the current […]
Days ahead of LIC IPO, Modi govt approves FDI up to 20%
[ad_1] LIC IPO: Other minor enhancements in the existing FDI Policy have also been carried out to provide an updated, consistent and easily comprehensible FDI framework. [ad_2] Source link