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LIC IPO

LIC IPO NEWS

One year on: LIC shares still trading at 40% discount to IPO price, while Sensex up 14%

May 17, 2023 9:04 am

LIC’s consolidated net profit rose sharply to Rs 8,334 crore in the third quarter as against Rs 235 crore in the same period a year ago as premium income improved and it moved Rs 5,670 crore to its shareholders' fund to shore up its net worth.

LIC shares tank by 5.85% after anchor lock-in period ends

June 14, 2022 6:06 am

Seven schemes of ICICI Prudential Mutual Fund invested Rs 725 crore in the LIC IPO. HDFC Mutual Fund was allocated shares worth Rs 525 crore.

LIC Share Price Highlights: LIC shares end largely flat on second day post debut

September 07, 2022 12:35 pm

LIC Stock News Highlights, LIC Share Price Today: On the BSE, the LIC stock opened at Rs 886.20 per share, up 1.23 per cent from the previous close while on the National Stock Exchange (NSE), it opened at Rs 885.55, up 1.18 per cent.

Government raises $2.7 billion as LIC IPO prices at Rs 949 each; listing on May 17

May 13, 2022 1:44 pm

Life Insurance Corporation of India shares have been priced at 949 rupees each, the state-run firm said in a prospectus filed Friday. LIC shares were offered at 902 rupees to 949 rupees apiece. Trading on the stock exchange is due to begin May 17.

Supreme Court refuses to interfere with LIC IPO, declines interim relief

May 13, 2022 1:57 am

SC agrees to examine amendment made to LIC Act, 1956 by way of the Finance Act, 2021.

LIC IPO share allotment likely today: Here’s how to check your status online

May 12, 2022 2:36 pm

LIC IPO allotment status: The initial public offering (IPO) of insurance sector behemoth Life Insurance Corporation of India (LIC) was subscribed 2.95 times and the shares will now get allotted to investors. Here's how to check if you have been allotted the shares.

IPO Wrap: LIC IPO subscribed 2.95 times on final day led by demand from policyholders and employees

May 09, 2022 7:24 pm

LIC IPO subscription status: The blockbuster initial public offering (IPO) of India's largest life insurer Life Insurance Corporation of India (LIC) was subscribed 2.95 times on the final day.

Foreign investors shun LIC IPO over market risks

May 09, 2022 2:10 pm

With just hours to go until the end of the subscription period for the $2.7 billion initial public offering of Life Insurance Corporation of India, foreign institutional funds have put in orders for merely 8% of the shares set aside for all institutional buyers.

LIC IPO to remain open for subscription on Saturday and Sunday

May 06, 2022 11:24 am

This is perhaps for the first time the special dispensation is granted to any public offer.

LIC IPO Highlights: Blockbuster issue subscribed 2.95 times on the final day

May 10, 2022 10:59 am

LIC IPO Highlights, LIC IPO Last Day (Day 6) News: The price band of LIC IPO is fixed at Rs 902-949 per share. All portions of the offer got oversubscribed.

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