Page 13 - Lic Ipo

LIC's looming mega IPO weighs on other insurers' stocks, say investors

The flotation, potentially raising $8 billion, likely will continue to drag on LIC's competitors for about a year and could spread to other sectors: Analysts

Will LIC IPO move the needle on insurer's stewardship role in equities?

The PSU holds equity stake worth over Rs 9.5 trillion in listed firms; how it votes on resolutions will now be more actively tracked

Five reasons why the LIC IPO could be India's Aramco moment

When Aramco came out with the world's biggest IPO, the Saudi govt raised $25.6 billion by diluting just 1.5%, valuing the company at $1.7 trn; Indian govt plans to divest 5% for $8.7 bn in LIC

LIC IPO: Govt plans to tap around 180 investors in mega roadshows

As many as nine virtual roadshows being held daily over 20-day period

LIC IPO: How the embedded value of the insurance behemoth was calculated

Shareholders get more say on how LIC treats its profit and policyholder's interest

LIC sits on over Rs 21,500-cr unclaimed funds, shows DRHP

State-owned insurance behemoth LIC had unclaimed funds to the tune of Rs 21,539 crore as of September 2021, according to draft prospectus filed for IPO with market regulator Sebi

LIC appears to be ill-equipped to handle new dynamics of insurance market

LIC identifies the problems well in its DRHP but what the markets will watch is how nimble it is with the solutions

LIC policyholders must update PAN details by Feb 28 to participate in IPO

The initial public offering (IPO) of over 31.6 crore shares or 5 per cent government stake is likely to hit the market in March

Ahead of mega IPO, TN CM Stalin asks Centre to rollback LIC divestment

An ideal government builds institutions instead of involving itself in a selling spree. I urge the Union government to rollback this ill-thought-out decision and save LIC India: Stalin

What does the country's largest IPO of LIC mean for investors and govt?

After two years of preparation, the govt on Sunday approached SEBI to sell 5% stake in Life Insurance Corporation through Initial Public Offering. It expects to collect Rs 60,000 cr through this move

TMS Ep108: LIC IPO, Vaibhav Gupta of Udaan, nervous FIIs, OTT platform

What does the LIC IPO mean for investors and govt? What's Vaibhav Gupta's plan for Udaan's journey to market debut? What is making FIIs nervous? What is OTT platform? Find all answers here

LIC disinvestment: Right and wrong

The central government is disinvesting 5 per cent of the shares of the Life Insurance Corporation of India (LIC)

Ensuring transparency

LIC's listing will have multiple benefits

IPO-bound LIC saw Rs 23,246-crore profit from investment sale in H1FY22

In first six months of FY22, LIC's income from investments, which includes gross income from interest and dividends, rent, net profit on sale/redemption of investments totalled Rs 1.49 trillion.

IPO-bound LIC set to alter pecking order of top companies at bourses

LIC will become either the largest or third-largest listed stock in the domestic markets and will get a quick entry into MSCI and FTSE indices

Govt delaying IRDAI chief appointment to rush LIC IPO: People's Commission

Says previous IRDAI chief retired in May 2021 and FinMin had been planning the IPO well before chief's post fell vacant, but did not name a successor even after 8 months

LIC IPO: Insurer gets until Jan 2023 to dispose of 'other investments'

LIC is mandated to transfer those investments to shareholders' fund at amortised cost, 90 days after such investments are reclassified as "other investments", which it is yet to be undertaken.

Ukraine-Russia tensions send indices in tailspin; Sensex cracks 1,747 pts

The NSE Nifty50, on the other hand, breached below the 16,850-mark to end 532 points, or 3.06 per cent, lower at 16,843. This was the indices biggest intra-day fall since November 26, 2021

IPO going to be very positive development in LIC history, says Sitharaman

Moving one step closer to initial public offering (IPO), LIC on Sunday filed draft papers with the market regulator Securities and Exchange Board of India (SEBI)

LIC IPO: Global market sell-off raises stakes for India's biggest listing

Landing the listing, which is slated for next month, will test India's capital markets at a time when about $5 trillion has been wiped out from global equities