Page 7 of LIC IPO

Pandey said the government would be guided by professional advisers on the IPO. “(LIC IPO) is a very important event. It is also one of the important objectives of the government to have wider public ownership (of LIC),” he said.

LIC IPO: Timing to hinge on how market behaves, says Tuhin Kanta Pandey

The East European crisis has made markets across the globe choppy. Volatility has persisted in the Indian markets also over…

March 5, 2022 04:30 IST

However, in the wake of the market volatility due to the Ukraine-Russia war, there might be a rethink on the timing of the LIC share sale.

LIC IPO: Govt to take call in best interest of investors, says official

Through the IPO of Life Insurance Corporation (LIC), the government aims to garner over Rs 60,000 crore in the current…

March 4, 2022 18:14 IST

LIC IPO, Oyo, Droom, IPOs, upcoming IPOs

Upcoming IPOs: Delhivery, VLCC, Go Airlines public issues soon; Bikaji, LIC, OYO, Droom, BoAt await SEBI nod

The ongoing Russia-Ukraine war and the share market turmoil may have slowed down IPO plans of several companies, beginning with…

March 4, 2022 14:58 IST

LIC IPO poised to slip into next fiscal year amid Ukraine war; announcement expected this week or next

The mega initial public offering of Life Insurance Corporation of India is set to be delayed into the next financial…

March 4, 2022 11:52 IST

LIC IPO may be deferred as Russia-Ukraine war roils markets; govt may wait to get better value

“It’s a full blown war now so we will have to assess the situation for going ahead with the LIC…

March 2, 2022 15:41 IST

Share Market Highlights: Sensex ends 778 pts lower at 55,468, Nifty holds just above 16600

Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic markets bounced from intraday lows but still closed in…

Updated: March 2, 2022 16:18 IST

LIC IPO should be priced carefully: Market experts

If pricing is comfortable, liquidity will not be a concern and even retail confidence will be strong

March 2, 2022 05:00 IST

LIC IPO may be postponed: Russia-Ukraine crisis & choppy state of markets prompt timeline review

The government is re-looking the timeline to ensure the state insurer’s debut is a successful one.

March 2, 2022 03:30 IST

LIC IPO may get delayed after Ukraine invasion; Nirmala Sitharaman open to reassessing timeline

The government had set a March deadline for the IPO and its IPO document filed on February

Updated: March 1, 2022 17:30 IST

Fiscal deficit at 58.9% of revised annual target till January

The Centre may rein in fiscal deficit at slightly below the targeted 6.9% of GDP due to overall buoyancy in…

March 1, 2022 05:30 IST

LIC IPO: LIC splits Life Fund; check how shareholders’ gain would be policyholders’ loss

n the ‘risk factors’ section of the DRHP, LIC said that it is splitting the single ‘Life Fund’ into participatory…

February 25, 2022 14:56 IST

Analysts feel if the volatility in the stock markets persists in the coming weeks, it could force a rethink on the timing of the IPO. The likelihood of foreign investors staying away from emerging markets in the event of prolonged conflict in Eastern Europe could also be a dampener.

Market slide casts cloud over LIC IPO; govt insists ‘issue on track’

On February 13, LIC filed the draft red herring prospectus (DRHP) in which the government offered to sell a 5%…

February 25, 2022 02:30 IST

In contrast, all the 23 private insurers together source 23% of their first-year premium through individual agents and around 3% through online direct and web aggregators.

Ease of on-boarding customers: LIC needs to press on the digital pedal

LIC’s agents source 94% of the individual new business premium and just 1% is accounted by sales through its website

February 25, 2022 01:00 IST

IPO, LIC IPO, LIC policyholders, LIC employees, policyholders' quota, reserved quota for policyholders, discount on LIC IPO issue price, how to avail LIC IPO discount

LIC policyholders to get discount in mega IPO: Who can apply and who can’t

Not only the policyholders and the employees of the insurance giant will have reserved quotas, but are also expected to…

Updated: February 25, 2022 23:22 IST

Not surprising that finance minister Nirmala Sitharman says there is a buzz around the IPO. Large bank-promoted brokers are adding anywhere between 50,000 and 2 lakh demat accounts each month by new-to-equity customers ahead of the IPO.

LIC IPO takes equity cult deeper in India

HDFC Securities has rolled out a series of measures to attract LIC employees and agents at LIC offices across India…

February 24, 2022 01:33 IST

Share Market HIGHLIGHTS: Sensex closes with losses, Nifty ends at 17,063; Kotak Bank, Titan among top gainers

Share Market News Today | Sensex, Nifty, Share Prices HIGHLIGHTS: BSE Sensex and Nifty 50 ended in the negative territory…

Updated: February 23, 2022 16:23 IST

Govt to go ahead with LIC IPO: Finance Minister Nirmala Sitharaman

Amid the crude prices close to $100 a barrel, the minister said that the surge in crude prices was a…

February 23, 2022 04:00 IST

LIC wants to retain part of its stake in IDBI Bank; we are well-capitalised, says chairman MR Kumar

The chairman added there was “no sense’ as yet of the extent of the stake that would be retained as…

February 22, 2022 05:10 IST

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