Page 16 of LIC News

LIC IPO Price, Subscription Status, Grey Market Premium (GMP) Latest News: Life Insurance Corporation of India’s (LIC) IPO is set…

The Initial Public Offering (IPO) of LIC opens for retail and institutional investors on Wednesday and will close on May…

The government is selling 22,13,74,920 shares in Life Insurance Corporation (LIC) at a price band of Rs 902-949 a share,…

Investors will be allowed to bid for the public issue in the fixed price band of Rs 902-949 per share,…

Sandip Sabharwal, investment advisor said that LIC IPO looks reasonably valued in the context of its size and dominance of…

Meeting the Rs 65,000 crore disinvestment target for the current fiscal looked easy till sometime back as it was almost…

The issue of absorption of 11,780 class III and Class IV employees, temporarily engaged between 1985 and 1991, would have…

“The response to our IPO launch is wonderful. We have some figures: 6.48 crore policy holders have linked their PAN…

LIC may not gain entry to the much tracked MSCI, FTSE, Sensex, or the Nifty 50 index anytime soon.

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

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

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

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

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

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

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

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

In February, LIC had filed draft papers with Sebi wherein it had said that the government will sell 5 per…