LIC

LIC IPO Expected To Be Priced Under Rs 950; Policy Holders Can Get Flat Rs 60 Discount! The most awaited LIC IPO price band is likely to be set at Rs 902-949 a share and may offer a discount of Rs 60 to the policyholders. LIC…

Indian's Biggest IPO Can Launch On May 4th And End On May 9th: Per Share Price Not Decided Yet? Govt's Stake Reduces? The IPO of LIC has been making waves since the news of its going public surfaced. As per a source privy to the…

20% LIC Will Be Bought By Foreign Investors; Govt Changes FEMA Laws To Allow 20% FDI In LIC Paving way for up to 20% foreign direct investment in the insurance behemoth LIC, the government has amended rules of the Foreign Exchange…

LIC IPO Size Can Be Reduced By 40%: Here's The Reason Why? The highly-awaited initial public offering (IPO) of the country’s largest insurer LIC is set to roll out within the next two weeks, likely before or by May 12, 2021. At the…

India's Biggest IPO Can Launch In Early May; Govt Will Sell 5% To Generate Rs 60,000 Crore+ Via IPO Sale The Indian government is all set to launch the LIC IPO, according to the sources who said that the initial public offering (IPO) of…

LIC Profit Increased To Rs 235 Crore From Rs 0.9 Crore For Last Quarter On 25th January, the life insurance company LIC reported a profit after tax of INR 1,437 crore for the first half of the financial year 2021-22 as compared with INR…

Amid the escalating geopolitical tensions in Eastern Europe, the much-awaited IPO of the state-owned LIC could postpone to FY23. The much-awaited initial public offering of the country’s largest insurer LIC, scheduled to be conducted in…

On Monday LIC chairman M R Kumar said that though the insurance behemoth is keen on listing of the IPO in March, it is watching the geo-political situation carefully as there is volatility in stock markets generated by tension between…

LIC IPO Is Banned For These LIC Policyholders! Do This Immediately To Get LIC Shares Considering the forthcoming public issue from LIC, the eligible policyholder for application must ensure that his / her PAN details are updated…

The government is looking to sell its entire 94.71% stake. The government is kickstarting the privatisation of IDBI Bank this month. Roadshow Starting Next Week Its advisor KPMG has reached out to several potential buyers…