Page 4 - Lic Ipo

LIC IPO issue price set at Rs 949; may get listed on Tuesday: Report

The LIC IPO sold in the range of Rs 902-949 from May 4 to May 9

LIC IPO: Govt raises Rs 20,560 crore as firm sets issue price at Rs 949

Life Insurance Corporation of India shares have been priced at 949 rupees each, the state-run firm said in a prospectus filed Friday

SC refuses interim relief in LIC IPO matter, issues notice to Centre

The Court also tagged the matter with the proceedings before the Constitution Bench as the petitions also raised issues regarding the enactment of law as a money bill

SC refuses interim relief on pleas seeking stay on LIC IPO share allotment

The Supreme Court on Thursday refused to grant any interim relief and stay the Life Insurance Corporation (LIC) IPO share allotment on a batch of pleas filed by some policy holders.

Will the market volatility see companies trim IPO size?

Volatility in the secondary market against the backdrop of US Fed rate hike and global crisis made IPOs of LIC and Delhivery trim their sizes. Will more companies follow suit in the choppy markets?

LIC shares slip below IPO price in grey mkt, trade at Rs 940-945: Sources

Retail investors still in-the-money

Nearly a million LIC IPO applications could be rejected due to glitches

The actual number of valid applications will be formally announced by LIC ahead of its listing

LIC IPO scheduled for allotment on May 12: Here's how to check it online

LIC IPO saw 2.95 times more demand than the shares on offer on the final day of bidding

Small investors push LIC IPO over the line; FPIs invest less than Rs 4k cr

Move to have a separate quota for policyholders proves a game-changer, say experts

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

Life insurers' new business premiums zooms 84% in April, thanks to LIC

In April, the industry earned NBP to the tune of Rs 17,939 crore, compared with Rs 9,739 crore in the year-ago period

Top headlines: Indian rupee plummets to all-time low; Sri Lankan PM resigns

India's government asks the Supreme Court not to invest time in examining the constitutional validity of the penal law on sedition.

Banks forgo bumper fees for managing LIC IPO to get league table rankings

What bankers stand to gain is outsized credit in rankings that compare rivals by the volume of deals they handle.

Sensex ends 365pts lower, Nifty holds 16,300; RIL cracks 4%, Infy gains 2%

The broader markets ended with deeper losses, with both the BSE Midcap and Smallcap indices down over 1.5 per cent each; the breadth too at 2:1 was in favour of the bears.

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

Top headlines: LIC IPO, govt's NHAI success, Covid mortality, and more

Business Standard brings you the top headlines on Monday

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