Page 15 - IPO

LIC share sale is an 'Atmanirbhar issue': DIPAM secy Tuhin Kanta Pandey

The issue is an example that capital markets can be run without having to completely rely on foreign investors, Tuhin Kanta Pandey said

LIC IPO subscribed 2.95 times, generates bids worth Rs 43,933 crore

Receives record 7.33 million applications from retail investors

Foreign investors step up bids for LIC IPO in last hour before closing

With just hours to go until end of the subscription period for the $2.7 billion initial public offering of LIC, foreign institutional funds have put in orders for merely 8% of the shares

Aadhar Housing Finance, TVS Supply Chain, others get Sebi's nod for IPOs

As many as five companies, including Aadhar Housing Finance, TVS Supply Chain Solutions and Landmark Cars, have received Sebi's go ahead to raise funds through initial share sales

LIC IPO: QIB portion including banks, MFs fully subscribed on last day

Against 3,95,31,236 reserved, 4,61,62,185 bids were received, reflecting a subscription of 1.17 times, according to data posted on stock exchanges at 12:12 pm

LIC IPO subscribed 1.8x a day ahead of close, big push from policyholders

The policyholder quota was subscribed over 5 times, employee portion 3.8 times and retail individual investor quota 1.6 times.

Over Rs 30,000 cr funds blocked in LIC IPO could hit other offerings

Industry players said the refund process for LIC's IPO will complete on May 13 - the same day when Delhivery IPO closes

IPO to make our brand more visible and powerful: TVS SCS' Ravi Viswanathan

"Having an international investor like Exor or Gateway increases the confidence in the market because of the strong governance," said Viswanathan.

LIC IPO: Non-institutional investors' portion fully subscribed on Day 4

The portion of LIC's initial public offering earmarked for non-institutional investors, including high net-worth individuals, has been subscribed fully on the fourth day on Saturday

Venus Pipes & Tubes sets IPO price band at Rs 310-326 a share

The initial share-sale will be open for public subscription on May 11 and conclude on May 13

LIC IPO subscribed 1.4 times on day 3 on interest by policyholders, staff

The policyholder quota was subscribed 4 times, employee portion 3.1 times and retail individual investor quota 1.23 times

Awfis Space Solutions eyes IPO by next year; plans to raise Rs 500-600 cr

After surviving the pandemic, Awfis is on an expansion mode. From 50 centres with 30,000 seats in 2015, it has more than doubled its capacity to 131 centres and 75,500 seats

Delhivery's Rs 5,235-cr IPO to open on May 11; price band set at Rs 462-487

Logistics company's anchor allotment on May 10 will demonstrate interest among investors for tech startups, say experts.

RBI asks ASBA designated bank branches to remain open on Sunday for LIC IPO

LIC's IPO will remain open for subscription even on the weekend, given the large amount the government is looking to raise from the market

Prudent Corporate Advisory Services prices IPO at Rs 595-630 per share

The Ahmedabad-based firm's IPO will open from May 10 to May 12

LIC IPO fully subscribed on day 2 of opening; offer closes on May 9

Sees participation from 3.6 mn individual investors; policyholders lead

LIC's record IPO set to be fully subscribed as valuation drives demand

By Thursday, the second day of the offering, investors had already put in orders for 90% of the shares for sale in India's biggest IPO.

LIC listing to result in increased transparency of its operations: Moody's

"We see the arrival of external shareholders with experience of the insurance industry as a further key benefit of the IPO," Moody's said.

Prudent Corporate Advisory Services fixes IPO price at Rs 595-630 per share

The three-day initial share-sale will open for public subscription on May 10 and the bidding for anchor investors will open on May 9, according to the company

Positive start: LIC's mega share sale subscribed 67% on first day

Interestingly, LIC's IPO will remain open for subscription even on the weekend, given the large amount the government is looking to raise from the market