Tag: Lic Ipo

LIC sees lacklustre debut in stock market, lists at over 8% discount
LIC sees lacklustre debut in stock market, lists at over 8% discount

Life Insurance Corporation (LIC) had fixed the issue price of its shares at Rs 949 apiece after a successful initial public offering, which was over subscribed nearly 3-times when it closed on May 9. The shares were lapped up mainly by retail and domestic investors, even as foreign investor demand was muted.

LIC Listing
LIC disappoints, lists at a discount of 8 per cent at Rs 908

The initial public offering of LIC had, however, received robust response from investors as the insurance major's offer has been subscribed 2.89 times.

LIC IPO to make debut in BSE, NSE today; check details
LIC IPO to make debut in BSE, NSE today; check details

After rolling out Initial Public Offer (IPO) for public on May 4, India's largest insurance provider's share will be listed on the stock markets from today.

LIC to list on bourses on Tuesday
LIC to list on bourses on Tuesday

The share sale was initially planned to hit the markets in March. But the uncertainty in stock markets due to the Russia-Ukraine war pushed the issue to the current fiscal, which began in April.

LIC IPO Dalal Street debut on May 17, all you need to know
LIC IPO Dalal Street debut on May 17, all you need to know

India's insurance behemoth, the Life Insurance Corporation of India (LIC) finalised its IPO share allotment on May 12 while its stock will make its BSE and NSE debut on 17 May.

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

LIC had last month reduced its IPO size to 3.5 per cent from 5 per cent decided earlier due to the prevailing choppy market conditions. Even after the reduced size of over Rs 20,557 crore, LIC IPO is the biggest initial public offering ever in the country.

LIC IPO
LIC share allotments complete, check here the number of shares you got

Investors can check the allotment status on BSE website or KFin Technologies Private Limited website.

LIC
LIC IPO share allotment likely today: Know direct link to check application status

Once the Life Insurance Corporation of India finalises the IPO share allotment, those who have applied for the initial public offering may check their application status

SC refuses to grant interim relief on pleas seeking stay on LIC IPO share allotment
SC refuses to grant interim relief on pleas seeking stay on LIC IPO share allotment

A bench of Justices DY Chandrachud, Surya Kant and PS Narasimha said that the court should be reluctant to grant any interim relief in matters of commercial investments and IPO.

Supreme Court
SC moved against LIC IPO, seeks scrapping of process

The Supreme Court on Wednesday admitted a writ petition against the initial public offering (IPO) of Life Insurance Corporation of India (LIC) that got over early this week.

LIC IPO
LIC IPO issue subscribed 2.89 times on final day

The initial public offering of Life Insurance Corporation of India has received robust response from investors with the insurance major's offer having been subscribed 2.89 times.

LIC IPO Day 5: Overall issue subscribed 1.79 times
LIC IPO Day 5: Overall issue subscribed 1.79 times

Though the government has brought down the issue size from 5 per cent to 3.5 per cent, it is a landmark public issue in the history of the Indian capital market and is poised to be India's biggest IPO till date.

LIC IPO Day 4: NII segment fully subscribed; overall issue oversubscribed
LIC IPO Day 4: NII segment fully subscribed; overall issue oversubscribed

The long-awaited IPO of LIC will remain open for subscription till May 9.

LIC IPO Day 3: QIB sees halfway mark, NII subscribed 76%, overall issue 1.38 times
LIC IPO Day 3: QIB sees halfway mark, NII subscribed 76%, overall issue 1.38 times

It will be a landmark public issue in the history of the Indian capital market and is poised to be India's biggest IPO till date.

LIC IPO fully subscribed on day 2; offer closes on May 9
LIC IPO fully subscribed on day 2; offer closes on May 9

LIC has fixed the price band at Rs 902-949 per equity share for the issue. The offer includes a reservation for eligible employees and policyholders. The retail investors and eligible employees will get a discount of Rs 45 per equity share, while policyholders will get a discount of Rs 60 per share.

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