Page 6 - Lic Ipo

LIC IPO subscription to stay open on Saturday for retail investors

Retail investors will be alloted 35% of the total shares in the offer, and given a discount of 45 rupees from the IPO price

What makes LIC IPO a long-term investment bet?

What makes LIC IPO a long-term investment bet?

The much-awaited IPO of Life Insurance Corporation is set to open for subscription today, after it recorded bumper participation from anchor investors. Find out if you should subscribe to it.

LIC IPO opens today. Should you subscribe? What brokerages suggest

While LIC policyholders are entitled to Rs 60 discount over the issue price, the retail investors will be offered the issue at a discount of Rs 45 per equity share

LIC mega IPO opens for retail, institutional investors; to close on May 9

LIC public offer, the country's biggest-ever IPO, on Wednesday opened for subscription for retail and institutional investors. The government aims to generate about Rs 21,000 crore by diluting its 3.5 per cent stake in the insurance behemoth. The LIC initial public offering (IPO), now open for retail and institutional investors, is set to close on May 9. LIC has fixed the price band at Rs 902-949 per equity share for the issue. The offer includes a reservation for eligible employees and policyholders. The retail investors and eligible employees will get a discount of Rs 45 per equity share, and policyholders will get a discount of Rs 60 per equity share. The share sale is through an offer-for-sale (OFS) of up to 22.13 crore equity shares. The shares are likely to be listed on May 17. LIC has cornered a little over Rs 5,627 crore from anchor investors led primarily by domestic institutions. Anchor Investors (AIs) portion (5,92,96,853 equity shares) was subscribed at Rs 949 per equi

TMS Ep164: LIC IPO, G7 summit invite, MGNREGS, Corbevax vaccine

What are the things investors should watch in the LIC IPO? Will an invite to the G7 summit impact India's foreign policy? Why did MGNREGS employment decline in April? What's Corbevax? All answers here

Value of LIC ownership in listed companies sees an uptick, shows data

But its share by volume declines in the March quarter

71% of LIC anchor allotment of 59.3 mn shares made to domestic MFs

Insurer raises Rs 5,627 cr in anchor book but overseas investors disappoint

LIC IPO: Insurers reaches out to its policyholders on eve of public offer

Ahead of its initial public offering, insurance behemoth LIC on Tuesday approached its policyholders through SMS and other medium to inform them about the share sale. The Initial Public Offering (IPO) of LIC opens for retail and institutional investors on Wednesday and will close on May 9. LIC has fixed the price band at Rs 902-949 per equity share for the issue. The offer includes a reservation for eligible employees and policyholders. The retail investors and eligible employees will also get a discount of Rs 45 per equity share and policyholders will get a discount of Rs 60 per share. The share sale is through an Offer-For-Sale (OFS) of up to 22.13 crore equity shares. The shares are likely to be listed on May 17. "LIC filed red herring prospectus(RHP) dt 26.4.22 with SEBI/Stock Exchanges for its IPO reserving shares for eligible policyholders. For details & risks in investing in LIC IPO and disclaimers, see RHP and links....," said the SMS sent by the insurer to the ...

Demographic blows to fuel life insurance industry, subscribe LIC IPO: Samco

The insurance behemoth aims to protect its market share through increased focus on bancassurance and enhancing direct sales of its products on its website

Top headlines: IMF on India's $5-trn economy aim, drop in MGNREGA demand

Here are the top headlines on Tuesday

LIC IPO: Over 70% of anchor allotment made to domestic mutual funds

LIC raises a total of Rs 5,627 crore in anchor book; overseas funds pour in just Rs 1,624 crore

Valuation, market share: Why investors should opt for LIC's scaled-down IPO

The insurer has growth potential, underestimated embedded value and the government sell its stake in the company again

LIC's $2.7-billion IPO set to be the fifth-biggest globally in CY22

Dubai Electricity and Water Authority's (DEWA's) $6.1-billion IPO in March is currently the third biggest public offering for the year, followed by China National Offshore Oil Corporation's (CNOOC's)

Top Headlines: LIC oversubscribed by anchor investors; HDFC profit up 16%

LIC got off to a good start with the $732 million of shares reserved for anchor investors oversubscribed. While HDFC Ltd reported a 16% net profit in 4th quarter. Read more on these our top headlines

LIC IPO off to a good start as anchor investors oversubscribe: Report

The Indian government has said it expects to raise up to $2.74 billion, just a third of its original target, from selling a 3.5% stake in LIC in the country's biggest initial public offering (IPO)

After LIC, Delhivery likely to launch downsized public offering in May

Delhivery's IPO will be second biggest this year after LIC

LIC IPO gets bids from large investors for twice the anchor book

The LIC IPO aims to price shares between 902 rupees and 949 rupees each

Banks, FIs will have to factor cross-holding norms for investing in LIC IPO

State-owned insurer is a significant investor in banks' capital, especially in public sector lenders.

Ahead of LIC IPO, Paytm Money lets HNIs place Rs 5 lakh of bids via UPI

The company said it is also offering free demat accounts for lifetime to all