Page 2 - Life Insurance Corporation Of India Lic
Should you buy or sell LIC, Delhivery shares?
The shares of LIC fell 3% yesterday. The stocks of Delhivery soared 2%. Both the companies came out with Q4 results yesterday. What should be the investment strategy for these recently-listed stocks?
 "Should you buy or sell LIC, Delhivery shares?")
Top headlines: LIC Q4 PAT declines 18%; TaMo to acquire Ford's Sanand plant
Business Standard brings you the top headlines on Monday
 "Top headlines: LIC Q4 PAT declines 18%; TaMo to acquire Ford's Sanand plant")
LIC shares drop 8% below issue price on debut, end at Rs 873 apiece
The insurance behemoth's shares hit an intra-day low of Rs 860 and a high of Rs 920, not coming closer to the issue price but providing small investors an opportunity to exit with nominal gains.
 "LIC shares drop 8% below issue price on debut, end at Rs 873 apiece")
LIC IPO: Banks get just 0.06% of proceeds to handle India's largest float
According to LIC's final offer document, the company shelled out just Rs 11.8 cr as payment to book running lead managers, or 9.9% of total issue expenses
 "LIC IPO: Banks get just 0.06% of proceeds to handle India's largest float")
Down nearly 8% at closing bell, LIC adds to poor listing scorecard of PSUs
Most large floats by the government have failed to create long-term wealth for investors
LIC lists at 8.6% discount, stock recovers partially post weak debut
LIC has now become the fifth most valuable listed Indian company with a market capitalisation of Rs 5.72 trillion on the BSE as of 10:08 am, the exchange data shows.
 "LIC lists at 8.6% discount, stock recovers partially post weak debut")
LIC may list at a discount to issue price if grey market is an indicator
Stock could list anywhere between Rs 900 and Rs 940, says market player, citing weak institutional investor demand during LIC's Rs 20,577-crore maiden share sale
 "LIC may list at a discount to issue price if grey market is an indicator")
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
 "Nearly a million LIC IPO applications could be rejected due to glitches")
In the grey market LIC shares slip below their issue price ahead of listing
Individual investors are still expected to make gains
 "In the grey market LIC shares slip below their issue price ahead of listing")
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
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.
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
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.
 "LIC listing to result in increased transparency of its operations: Moody's")
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
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
 "Valuation, market share: Why investors should opt for LIC's scaled-down IPO")
GIC Pte, ADIA and Norway Sovereign Wealth Fund to invest in LIC IPO
Norges Bank Investment Management, GIC Pte and Abu Dhabi Investment Authority will be among the anchor names due to be announced Monday, the people said, asking not to be identified
 "GIC Pte, ADIA and Norway Sovereign Wealth Fund to invest in LIC IPO")
Is the government undervaluing LIC for its IPO?
LIC's much-awaited IPO is finally opening on May 4. But its current valuation is Rs 6 lakh cr, less than half of the expected value of Rs 13 lakh cr. Is the govt undervaluing the state-run behemoth?
Govt plans to raise nearly Rs 30,000 crore through mega LIC IPO
The Indian government has pegged LIC's valuation at around Rs 6 trillion, according to the sources
 "Govt plans to raise nearly Rs 30,000 crore through mega LIC IPO")
Top headlines: LIC may have to be revalued, Russia-Ukraine to hold talks
RBI has publicly expressed strong reservations against permitting cryptocurrencies
 "Top headlines: LIC may have to be revalued, Russia-Ukraine to hold talks")
