October 05, 2022 16:34 (IST)
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Congress leaders removed as parliamentary panel heads of home, IT | Encounter breaks out in Shopian soon after Amit Shah reaches Kashmir | PM Modi speaks to Volodymyr Zelenskiy as Ukraine battles Russian forces | Telangana CM KCR to launch National Party tomorrow | 'I am gutted but...': Jasprit Bumrah reacts to missing out from T20 World Cup

LIC fixes IPO price at Rs 949 apiece, listing could begin Tuesday

Mumbai/IBNS: Life Insurance Corporation (LIC), whose public issue ended Monday, has fixed its IPO price at Rs 949 apiece.

Grey market indicates LIC share prices could be offered at discount

Mumbai/IBNS: The share prices of Life Insurance Corporation (LIC) have slipped below the issue price in the grey market, therefore, indicating a discounted listing, according to media reports.

LIC IPO DAY 3: Policyholder oversubscribe 3.84 times, staff 2.92 times, retail 1.18, QII 55%, and NII 66%

Mumbai/IBNS: The initial public offering (IPO) of Life Insurance Corporation (LIC), India's largest life insurance enterprise, has been oversubscribed 1.31 times, receiving bids for 21.3 crore shares against the offer of 16.2 crore shares, Moneycontrol reported.

LIC IPO opens today for subscription

New Delhi: State-owned insurance major Life Insurance Corporation of India's Initial Public Offering (IPO) will open for subscription on Wednesday.

Countdown begins: LIC's Initial Public Offering to commence on May 4, ends on May 9

Kolkata: The countdown has started as state-owned insurance major Life Insurance Corporation of India's Initial Public Offering (IPO) will open on May 4 for subscription and will continue till May 9.

LIC's Initial Public Offering to open on May 4

Kolkata: State-owned insurance major Life Insurance Corporation of India's Initial Public Offering (IPO) will open on May 4 for subscription.

LIC IPO likely to be on May 4: Report

New Delhi: Life Insurance Corporation of India (LIC IPO) is likely to open on May 4 and is expected to close on May 9, according to media reports.

LIC board approves reduction in IPO size: Report

New Delhi: The LIC board has approved a reduction in its initial public offering (IPO) issue size from 5 percent to 3.5 percent, media reports said.

Govt may cut LIC IPO by 40 pc: Report

New Delhi: The government expects to raise Rs 30,000 crore through an initial public offering of state-owned Life Insurance Corp, almost 40 percent lower than previous estimates as the war in Ukraine mars valuations, media reports said.

Government ready to launch LIC IPO in May, say sources: Report

New Delhi: The government is set to launch the Life Insurance Corporation of India's initial public offering in early May, media reports said.

After Air India, Neelachal Ispat Nigam Ltd to be second govt firm to be privatised: DIPAM Secty

Kolkata: Neelachal Ispat Nigam Ltd would be second company after Air India to be privatised and the share purchase agreement (SPA) for the company was signed on Thursday, DIPAM Secretary Tuhin Kanta Pandey said today.

LIC's DRHP gets SEBI's approval

The Securities Exchange Board of India (SEBI) has given its nod to the state-owned insurance behemoth LIC's (Life Insurance Corporation of India) Draft Red Herring Prospectus (DRHP), media reports said.

LIC IPO likely to be shifted to next Financial year as govt to reassess timing amid Russia-Ukraine war: Report

The initial public offering of state-run insurance behemoth Life Insurance Corporation of India (LIC) can be pushed to the next financial year, media reports said, noting that the government is likely to hold a meeting to reassess the IPO timing amid the Russia-Ukraine war.

Cabinet approves up to 20 pc FDI in IPO-bound LIC

New Delhi/UNI: The Union Cabinet on Saturday cleared upto 20 per cent foreign direct investment (FDI) under automatic route in Life Insurance Corporation of India (LIC), official sources said.

LIC Policyholders have to update PAN details by Feb 28 to be able to apply in Policyholder quota in IPO

New Delhi: Life Insurance Corporation of India (LIC), the market leading insurer and financial conglomerate, has mentioned that every policyholder shall have to ensure that his / her PAN details are updated in the policy records of the Corporation on or before Feb 28 in order to be considered an Eligible Policyholder for application in the forthcoming Public Issue.