Life Insurance Corporation (LIC) has been trading below the issue price of ₹949 a share ever since it got listed on stock exchanges on May 17 Life Insurance Corporation (LIC) has been trading below the issue price of ₹949 a share ever since it got listed on stock exchanges on May 17 The government is […]
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Shares were allocated to policyholders and retail investors after applying the discount applicable to them Shares were allocated to policyholders and retail investors after applying the discount applicable to them The government has fixed the issue price of LIC shares at ₹949 apiece, the upper end of the IPO price band, ahead of the listing […]
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The LIC IPO opened on May 4 for retail and other investors and is set to be allotted on May 12. The LIC IPO opened on May 4 for retail and other investors and is set to be allotted on May 12. The Supreme Court on May 12 refused to grant any interim relief and […]
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Some hurdles remain to be crossed for firms in strategic sale pipeline such as Concor, BEML, Shipping Corporation Some hurdles remain to be crossed for firms in strategic sale pipeline such as Concor, BEML, Shipping Corporation Even as the LIC IPO is expected to sail through on Monday, helping the Centre meet about a third […]
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The policyholder portion was subscribed over three times, while the reserved employees’ segment was subscribed nearly two and half times The policyholder portion was subscribed over three times, while the reserved employees’ segment was subscribed nearly two and half times New Delhi The retail portion of LIC IPO, the country’s biggest-ever, was subscribed fully in […]
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The price band has been fixed at ₹902-949 per equity share for the issue. The price band has been fixed at ₹902-949 per equity share for the issue. LIC public offer will remain open for subscription even on weekend to enable people to participate in the mega IPO of the state-owned insurer. This is perhaps […]
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Equity benchmarks bounced back in early trade on Thursday, May 5, 2022, after falling sharply in the previous trade, with the Sensex rallying 651 points, following significant jump in US markets and buying in index major Infosys. The 30-share BSE benchmark was trading 650.9 points higher at 56,319.93. The NSE Nifty also jumped 185.65 points […]
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PM Modi leaves for home after concluding three-nation European tour Prime Minister Narendra Modi left for home on Thursday, May 5, 2022, after concluding his three-nation European tour during which he held a series of bilateral meetings to boost ties in a range of areas including trade, energy and green technology. Fed raises key rate by a […]
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The IPO, now open for retail and institutional investors, is set to close on May 9 The IPO, now open for retail and institutional investors, is set to close on May 9 LIC public offer, the country’s biggest-ever IPO, on Wednesday opened for subscription for retail and institutional investors. The government aims to generate about […]
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Valuation reduced from ₹12 lakh crore-₹14 lakh crore in February to ₹6 lakh crore, party says Valuation reduced from ₹12 lakh crore-₹14 lakh crore in February to ₹6 lakh crore, party says On the eve of the mega initial public offering (IPO) of the Life Insurance Corporation (LIC), the Congress on Tuesday questioned why the […]
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