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Tag results for... "lic-ipo"

After 19 years, India will see 5-6 PSU privatisation this year: DIPAM Secretary

‘Financial bids for the privatisation of as many as six PSUs, including BPCL, BEML Ltd and SCI, among others, will be invited by December this year or January 2022’ ‘The.......

LIC IPO: Govt invites fresh bids from law firms as first RFP gets lukewarm response

DIPAM invites fresh bids for LIC IPO from law firms as the first RFP receives lukewarm response The first RFP inviting bids from reputed legal advisors was floated on July 15 with the last date.......

Privatisation would be primary mode of PSU disinvestment: MoS Finance

The Centre has so far raised Rs 7,645.70 crore from PSU disinvestment against a target of Rs 1.75 lakh crore, Dr Karad told the Lok Sabha The initial public offer (IPO) of Life Insurance.......

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

The potential size of the (LIC) IPO is expected to be larger than any precedent in Indian markets, said DIPAM Once the valuation is done, book-running lead managers (BRLM) will help DIPAM in.......

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

Union Cabinet has cleared the proposal of LIC disinvestment The panel formed under the Finance Minister will decide the quantum of stake sale New Delhi/ Mumbai: The Cabinet Committee.......

Disinvestment: DIPAM appoints Milliman Advisors as actuary for LIC IPO

New Delhi: The government has selected Milliman Advisors LLP India as the reporting actuary for calculating the embedded value of Life Insurance Corporation (LIC) ahead of its initial public offer.......

DIPAM looks to engage Consultant for assisting govt in disinvestment matters

The Consultant should understand, appreciate and advise on all aspects of disinvestment, particularly with reference to the Banking and Insurance Sector They will be responsible for.......

DIPAM floats global tender for engaging actuarial firm for LIC IPO

The IPO plan is one of the biggest disinvestment exercises being taken up by the government in the current financial year The Centre is expecting to raise Rs 90,000 crore from the.......

DIPAM ends Q2 with Rs 5,696 cr, likely to miss disinvestment target

Even though the government has announced an ambitious privatisation plan at the beginning of this year, only two minority stake sales have taken place so far The two of the biggest.......

An alternative to disinvestment & privatisation of PSUs: SWF

New Delhi: There are two sets of Central Public Sector Enterprises or CPSEs portfolio of assets- non-financial or real sector CPSUs and financial sector CPSUs. The Department of Public Enterprises.......

Will LIC IPO be launched this fiscal?

The government is expected to take about 8-9 months to prepare accounts and do the required legal work before an IPO could be launched The government had finally ventured ahead and.......

Disinvestment: Govt begins process to launch LIC IPO

A notification posted by the DIPAM sought to engage pre-transaction advisors for the LIC IPO The notification said that it proposed to engage up to two pre-IPO transaction.......

Govt extends bid submission for BPCL again, sources say expect more extensions

More deadline extensions are in the offing as bidders have sought more time and the number of queries received by DIPAM is huge, sources have told PSU Watch The last date for bid.......

Has the virus put govt’s LIC IPO plan in peril?

As the market continues to be in a volatile state, there’s too much uncertainty about whether the investor appetite will be enough for an IPO of this size, the source said The.......