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LIC disinvestment

LIC IPO right sized, keeping in view constraints of market: DIPAM Secretary

Synopsis: The Initial Public Offering (IPO) of state-run Life Insurance Corporation is right sized, keeping in view the constraints of the market, Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey said

Much-awaited LIC IPO to hit market on May 4, close on May 9: Sources

Synopsis: The much-awaited Initial Public Offer (IPO) of Life Insurance Corporation (LIC) is likely to hit the market on May 4, said sources close to the development. The issue is expected to close on May 9 and the anchor book for the LIC IPO is expected to open on May 2

LIC IPO: Govt begins process to take LIC public, invites bids from BRLMs, legal advisors

The Centre has floated RfPs for engaging book running lead managers, legal advisors and share transfer agents for the planned LIC IPO

Union Cabinet clears LIC disinvestment, read to know the quantum of stake sale

The Cabinet Committee on Economic Affairs (CCEA) has cleared the proposal of LIC disinvestment. The government aims to mop up Rs 1.75 lakh crore in the current fiscal from minority stake sale ie disinvestment and privatisation

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