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LIC IPO

Latest News

Weak LIC listing due to volatile markets; investors should hold on to stock for long term: DIPAM

PTI -
LIC on Tuesday listed its shares at a discount of 8.11 percent at Rs 872 per share on NSE while investors got it at Rs 889 and Rs 904 apiece
PSU Shares

LIC listing: State-run insurer lists at 8.11% discount at Rs 872 on NSE

PTI -
LIC listed its shares at a discount of 8.11 percent at Rs 872 per share on the NSE on Tuesday, bring the LIC listing process to a close
News Updates

Govt fixes LIC issue price at Rs 949; policyholders, retail investors get discount

PTI -
The Government has fixed the issue price of LIC shares at Rs 949 apiece, the upper end of the IPO price band, ahead of the listing
News Updates

SC denies interim relief to policyholders seeking stay on LIC IPO shares allotment

PSU Watch Bureau -
The Supreme Court refused to grant any interim relief and stay LIC IPO share allotment on a batch of pleas filed by some policyholders
National News

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

PSU Watch Bureau -
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
National News

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

Vivek Shukla -
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
National News

BPCL privatisation on back burner, SCI sale to be reviewed: Report

PSU Watch Bureau -
Synopsis: The turbulence caused by the COVID-19 pandemic and the Russia-Ukraine war has led the government to do some rethinking on some of its big-ticket privatisation plans, like Bharat Petroleum Corporation Ltd (BPCL) and Shipping Corporation of India (SCI)
National News

LIC IPO: Govt files DRHP with SEBI, readies to sell 5% stake

PSU Watch Bureau -
Synopsis: LIC has filed the DRHP with SEBI on Sunday and has said that its much-awaited IPO will constitute 4.99 percent of its post-offer paid-up share capital. LIC IPO, which is expected to be the country's largest public issue, will hit the capital market in March
National News

LIC embedded value finalised, says DIPAM Secretary

PSU Watch Bureau -
Synopsis: Life Insurance Corporation's (LIC) embedded value has been finalised at more than Rs 5 lakh crore, Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey has said
National News

BPCL disinvestment will get pushed to FY23: DIPAM Secretary

PSU Watch Bureau -
The disinvestment of BPCL will get pushed to FY23 and will impact the government's disinvestment mop-up for the year, the DIPAM Secretary has said
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