The government holds 67.40% stake in IRCTC. | Photo Credit: Thulasi Kakkat The sale of government’s up to 5% stake in IRCTC got oversubscribed on the first day of the offer, with institutional investors putting in bids worth ₹3,800 crore. In the two-day offer-for-sale (OFS), the government is selling 4 crore shares, or 5% stake, […]
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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 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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