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Monday, May 16, 2022

Life Insurance Corporation of India


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.

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.

LIC IPO Highlights: Total issue subscribed 1.03 times by end of Day 2 led by policyholders and employees quota

May 06, 2022 11:35 am

LIC IPO Highlights: The price band of LIC IPO has been fixed at Rs 902-949 per share and the government aims to raise over Rs 21,000 crore by selling over 22.13 crore (22,13,74,920) shares or 3.5 per cent of its stake.

Domestic mutual funds invest Rs 4,002 crore in LIC IPO's anchor quota

May 04, 2022 2:39 am

LIC IPO: SBI Mutual Fund invested Rs 1,006.89 crore, becoming the largest investor in the anchor book quota.

LIC IPO opens today: Here's everything you need to know

May 04, 2022 9:22 am

LIC IPO: The Rs 21,000 crore initial public offering (IPO) of life insurance behemoth Life Insurance Corporation of India (LIC) is available from May 4-9, 2022. It has a price band of Rs 902-949 per share.

LIC IPO band: Rs 902-949 a share; Rs 60 discount for policyholders

April 28, 2022 1:33 am

LIC IPO: The government will sell 22.13 crore shares or its 3.5 per cent stake in LIC through the share offering.