LIC IPO

The size of share sale is dependent on the valuation. The secretary of DIPAM Tuhin Kanta Pandey has responded to media reports that the LIC IPO is unlikely to happen this fiscal. He tweeted that the reports are false and that the…

Be informed about the risks involved in investments. Ahead of a blockbuster IPO, LIC has shared the prerequisites for its policyholders in India to invest. Up to 10% of LIC’s IPO issue size can be reserved for its policyholders who…

This software was not available in India, and so it had to be bought from Singapore. LIC Chairman M R Kumar spoke in length about the insurer’s upcoming IPO, the struggles in its preparations among other details of the massive…

IPOs coming next year are expected to fetch over Rs 1 lakh crore. With 2021 nearing its end, all eyes are trained on 2022 when several big-name IPOs await. Experts speculate that IPOs set to hit the market in the next year including…

Strategic disinvestment process for multiple PSUs is going on in parallel. Now that the Air India privatisation process is completed, the government has shifted attention towards the sale process of BPCL. DIPAM secretary Tuhin Kanta…

The sale of a 5% stake would make it India’s biggest-ever IPO. LIC will file a draft red herring prospectus (DRHP) with SEBI for its IPO by November. The IPO of the country's largest insurer will be the largest IPO in Indian…

Govt Wants Rs 8 Lakh Crore Valuation Of LIC Before Mega-IPO; 10% Govt Share To Be Sold Considering India's biggest initial public offering, the country is seeking a valuation of between 8 trillion rupees ($109 billion) and 10 trillion…

LIC IPO, Privatization Will Kill Jobs, Impact Social Work: LIC Employee Union Who would have thought that a potential initial public offering may become a cause of huge destruction. Interestingly, the mega initial public offering of…

74% FDI is permitted in the insurance sector but this is not applicable to LIC. The government is considering bringing in foreign direct investment (FDI) in the Life Insurance Corporation of India (LIC) ahead of its IPO. The…

The Government has plans to appoint two bankers to oversee and manage the stake sale process of NSC. As a part of its ambitious disinvestment drive of Rs 1.75 lakh crore, the government has initiated the stake sale process of 25%…