Monday, August 8, 2022
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LIC listing

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

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

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

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

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

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

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

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