Page 5 of LIC IPO

LIC IPO still largest despite cut in issue size: Issue to be 11th largest in world by an insurer

With a 61.6% market share in terms of premiums and 1.33 million agents, LIC is the third-strongest global insurance player…

April 28, 2022 06:00 IST

LIC to list on May 17: India’s largest IPO kicks off on May 4

Representatives from the government said during the analyst call that the anchor book is strong as the bankers have been…

April 28, 2022 05:15 IST

‘LIC IPO’s valuation is fair and attractive, decision to list taken after considering various factors’

The decision to list currently was further taken after considering factors like market demand, reduced volatility, and domestic flows, management…

April 28, 2022 04:45 IST

Govt says LIC share sale right-sized to make it sail through

Announcing the LIC share sale through an OFS route, Tuhin Kanta Pandey, the secretary in the Department of Investment and…

April 27, 2022 19:39 IST

LIC IPO: What prompted the government to cut issue size by one-third, valuation by half?

The much-awaited LIC IPO is set to open next week on 4 May, albeit a much smaller one than the…

Updated: April 27, 2022 15:26 IST

LIC IPO: Shares trade at premium in grey market; Subscribe for listing gains or long-term dividend?

LIC IPO size finalised at 3.5% of the company equity is lower than the 5 per cent mentioned by LIC…

April 27, 2022 10:51 IST

LIC IPO to open May 4; Check price band, issue size, discounts, other details of largest public issue

LIC IPO Open Update: LIC has filed fresh IPO papers with SEBI, brining down the issue size from what was…

Updated: April 27, 2022 11:22 IST

LIC IPO: Price band set at Rs 902-949 per share, to be open for retail investors from May 4 to 9

The discount is Rs 45/share for retail investors and employees, and for the latter, 1.5 million shares or 0.68% of…

April 27, 2022 04:25 IST

LIC fixes price band at Rs 902-949 a share for Rs 21,000 crore IPO

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

April 26, 2022 19:31 IST

LIC IPO to open for retail investors on May 4

The anchor book is slated to open on May 2 but the issue will open for retail investors two days…

April 26, 2022 05:00 IST

LIC IPO to open on May 4: Sources

The IPO, through which the government will sell 3.5 per cent stake in state-owned Life Insurance Corporation (LIC), will fetch…

April 25, 2022 22:14 IST

In the life insurance industry, the real value of a company is its embedded value (EV). Thereafter, market valuation is driven by expectations of business growth.

Centre may not dilute more stake in LIC for at least a year post-IPO

The Centre will sell a minimum 3.5% stake in LIC, but the final size of the IPO could be raised…

April 25, 2022 03:30 IST

The insurer’s board, which met in Delhi on Saturday, approved the broad contours of the plan, subject to regulatory approval. The price band for the IPO, which will hit the market in the first week of May, “will be sub-Rs 1,000/share”, sources said.

Board approves issue contours: LIC IPO size to be in 3.5-5% range

Issue to hit market in first week of May

April 24, 2022 05:45 IST

The move follows feedback from institutional investors, who cited how similar entities were valued globally, but is also influenced by a sustained trend of capital outflows from the Indian and other emerging-economy markets following the Russia-Ukraine war.

LIC IPO: LIC valuation down by half ahead of initial public offer

The valuation of the insurance behemoth is “veering towards 1.1 times its embedded value (of Rs 5.4 trillion),” a senior…

April 23, 2022 03:45 IST

LIC IPO size to be cut, valuation falls 40% as Ukraine war hurts; co now valued at this much

Officials want to complete the LIC listing, which will still be India’s biggest, in the next two weeks. LIC will…

April 22, 2022 12:44 IST

Government to take a call on LIC IPO this week

The size of the offer and valuation will rely on the feedback from prospective anchor investors and the equity market…

April 21, 2022 09:05 IST

Valuation, rise in crude oil prices make FPIs jittery since October: Jefferies

While expected earnings cuts are on their minds, the same is largely visible in six sectors (autos, staples, durables, cement,…

April 20, 2022 03:15 IST

Irdai asking insurance companies to go for listing to raise capital: Chairman Debasish Panda

The listing will help insurance players to raise capital for growing their business and also deepening the insurance penetration in…

April 7, 2022 19:54 IST

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