LIC IPO: Profit after tax (PAT) went up 6.9 per cent to Rs 2,906.77 crore in FY21, its annual report showed.
LIC IPO: The government plans to list LIC, which is held to be the country's largest listing, in the last quarter this financial year
LIC IPO: DPIIT will soon try to approach the Union Cabinet to seek its approval on changes in the FDI policy to facilitate disinvestment of LIC, a top government official said
LIC IPO: Market valuation of listed life insurance peers is 3-4x their EV, but govt pushing for Rs 15 trn
The valuation of the mega LIC IPO could be around Rs 15 trillion. Here's all you need to know about LIC IPO
Kids Clinic India Ltd, which operates super-specialty mother and babycare chain Cloudnine, has filed preliminary prospectus with Sebi to raise Rs 1,200 crore through an initial share-sale
The amount raised through such issuances was Rs 21.9 trillion in 2021, 49% higher than the previous year
The issue garnered more than 250,000 applications
As per the filing, the "proposed offer consists of a fresh issue of equity shares aggregating up to Rs 3,700 million (Rs 370 crore)"
The retail portion of the issue was subscribed 31 per cent, while institutional and wealthy investor portions were subscribed 11 per cent and 9 per cent, respectively
Cogent e-services Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO).
The retail portion of the issue was subscribed 22%, while institutional and HNI were subscribed 6% each
Edible oil major Adani Wilmar on Friday finalised the issue price of its Rs 3,600 crore initial public offering (IPO) at Rs 230 per share.
This is the Ahmedabad-based company's second attempt to go public.
Vedant Fashions Ltd, which owns ethnic wear brand Manyavar, on Thursday said it has garnered Rs 945 crore from anchor investors, ahead of its IPO roll-out on Friday
Vedant Fashions will open for subscription on February 4. From IPO price to Vedant Fashions IPO GMP, here's all you need to know
Business Standard brings you the top headlines on Thursday
LIC's listing is crucial for the government to meet the lowered disinvestment revenue estimates of Rs 78,000 cr for the current fiscal
The firm has set price band at Rs 218-230 per share. At the top-end, the company's market cap works out to nearly Rs 30,000 crore
The move is to ensure a much larger shareholder base ahead of IPO