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… 3 years agoApril 22, 2022
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… 3 years agoApril 22, 2022
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… 3 years agoApril 21, 2022
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,… 3 years agoApril 19, 2022
Does momentum pick up in March for the life insurance industry? Find out The report states that the medium-term trend remains intact with private listed life insurers poised to strengthen their position. 3 years agoApril 19, 2022
Policybazaar stock turns attractive after falling 20% from IPO; ICICI Securities initiates with Buy rating Initiating coverage of the stock, analysts at ICICI Securities said that PB Fintech is well placed to benefit from the… 3 years agoApril 19, 2022
New biz premium income of life insurance companies up 13% at Rs 3.14 lakh crore in FY22 Soon-to-be listed public sector insurance behemoth LIC registered about 8% growth in its new business premium income at Rs 1,98,759.85… 3 years agoApril 18, 2022
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… 3 years agoApril 7, 2022
LIC IPO: Govt likely to sell 5.5-6% stake With the embedded value (EV) of LIC estimated Rs 5.4 trillion, a 5.5-6% stake could fetch the Centre Rs 70,000-80,000… 3 years agoApril 5, 2022
Disinvestment receipts hit a decade’s low in FY22; LIC IPO, sale of BPCL, IDBI Bank in FY23 The disinvestment receipts were Rs 14,000 crore against the target of Rs 40,000 crore in FY12. Receipts of Rs 1… 3 years agoApril 4, 2022
RBI announces $5 billion dollar-rupee swap The market watchers observe that the swap would allow companies to purchase dollars at an affordable cost to be able… 4 years agoMarch 30, 2022
LIC IPO gets Sebi nod for updated draft papers On February 13, LIC had filed the DRHP with the regulator with financial results up to the September quarter of… 4 years agoMarch 21, 2022
LIC IPO: Government files updated draft papers with SEBI for Life Insurance Corporation’s 65,000 crore IPO “Updated DRHP of LIC with December financials has been filed,” an official said, adding it was required to be done… 4 years agoMarch 21, 2022
Govt plans to float EoI for its stake sale in IDBI Bank next month The government may look to sell around a 26 per cent stake in the bank, along with management control to… 4 years agoMarch 14, 2022
LIC IPO may hit market by mid-May The DRHP filed by LIC on February 13 pegged its embedded value at Rs 5.4 lakh crore. Sebi approved the… 4 years agoMarch 13, 2022
LIC reports Rs 235-crore net profit in Q3 First year premiums in the quarter under review grew 9.94% year-on-year to Rs 8,748.55 crore from Rs 7,957.37 crore. Single… 4 years agoMarch 11, 2022
LIC IPO details: Govt to notify price band, number of shares, discount, more in final SEBI filing soon During the current financial year so far, Rs 12,423.67 crore has been obtained through OFS, employee OFS, strategic disinvestment and… 4 years agoMarch 11, 2022
LIC Q3 net profit jumps to Rs 234.91 crore from less than Rs 1 crore a year ago, it says ahead of IPO Life Insurance Corporation of India, the IPO-bound life insurer, said its fiscal third quarter profit after tax jumped to Rs… 4 years agoMarch 11, 2022
