LIC IPO listing: Direct link to check share price
2 years, 7 months ago

LIC IPO listing: Direct link to check share price

India Today  

Shares of Life Insurance Corporation of India are being listed on stock exchanges on Tuesday. LIC SHARE PRICE The LIC IPO listing date is here and shares are being listed on Sensex and Nifty. The LIC IPO -- India's largest to date -- closed with nearly 3 times subscription, predominately lapped up by retail and institutional buyers, but foreign investor participation remained muted. 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, the LIC IPO is the biggest initial public offering ever in the country.

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History of this topic

LIC shares rise over 5% : Issues clarification on a acquisition buzz : Better place amidst IRDAI Bancassurance concerns
3 weeks, 4 days ago

LIC shares rise over 5% : Issues clarification on a acquisition buzz : Better place amidst IRDAI Bancassurance concerns

Live Mint  

Stock Market Today: Life Insurance Corporation of India share price gained over 5% in the morning trades on Friday. The LIC share price thereafter gained further to ₹987.50 during the intraday trades which market gains of more than 5% Clarification on the acquisition buzz Life Insurance Corporation of India issued clarification clarification that was sought from it by the stock …

LIC clarifies on ManipalCigna stake acquisition buzz; here’s what the insurer said
3 weeks, 5 days ago

LIC clarifies on ManipalCigna stake acquisition buzz; here’s what the insurer said

Live Mint  

Stock Market Today: Public sector insurer Life Insurance Corporation of India clarified in an exchange filing on Thursday, November 28, regarding a recent news item about a potential 50% stake acquisition in ManipalCigna Health Insurance. Business daily The Economic Times today reported that Life Insurance Corporation of India is in discussions to acquire a nearly 50% stake in ManipalCigna Health …

LIC shares up after it gets 3 years to meet minimum public shareholding norms
7 months, 1 week ago

LIC shares up after it gets 3 years to meet minimum public shareholding norms

Hindustan Times  

LIC share price today: The shares of Life Insurance Corporation of India opened at ₹934 apiece on NSE and touched an intraday high of ₹962 per share as they were up 5 per cent rise against Tuesday's close of ₹931 apiece. This comes after market regulator Securities and Exchange Board of India granted three years more years to LIC to …

LIC overtakes SBI to become most valued PSU as shares hit ₹900 for first time
11 months, 1 week ago

LIC overtakes SBI to become most valued PSU as shares hit ₹900 for first time

Hindustan Times  

Life Insurance Corporation of India broke a new record on the stock market today as the share price of the company touched ₹900 for the first time. The massive uptick of share prices of the insurance giant saw LIC's market capitalisation crossing ₹5.66 lakh crore. LIC becomes India's most valued state-run company With the spike in share prices, LIC has …

LIC share price jumps 5% after Q1 net profit swells multi-fold; should you buy?
1 year, 4 months ago

LIC share price jumps 5% after Q1 net profit swells multi-fold; should you buy?

Live Mint  

Life Insurance Corporation of India share price rallied more than 5% on Friday after the state-run insurance behemoth reported a multifold jump in its net profit for the quarter ending June 2023. LIC share price gained as much as 5.42% to ₹676.95 apiece on the BSE. Brokerage firm Motilal Oswal says LIC has the levers in place to maintain its …

One year of Listing: LIC share still down 40% from IPO price
1 year, 7 months ago

One year of Listing: LIC share still down 40% from IPO price

Live Mint  

It has been one year since the Life Insurance Corporation of India shares were listed on domestic stock exchanges after the completion of its ₹21,000 crore worth initial public offering, the country’s largest IPO. The shares of LIC, the country’s largest insurer, came under pressure amid multiple headwinds such as weak market conditions, changes in tax policy and the Adani-Hindenburg …

LIC gains 4%, hits over 3-month high in subdued market
2 years ago

LIC gains 4%, hits over 3-month high in subdued market

Business Standard  

LIC gains 4%, hits over 3-month high in subdued market The government aims to appoint a private sector professional as the first chief executive of the LIC in an effort to modernise its largest insurer after a disappointing stock market debut Premium Ashishkumar Chauhan, MD and CEO of BSE, LIC Chairperson Mangalam Ramasubramanian Kumar and Tuhin Kanta Pandey, DIPAM Secretary …

LIC Shares Surge Over 7% in 5 Days; Analysts See Up To 20% Further Returns
2 years, 5 months ago

LIC Shares Surge Over 7% in 5 Days; Analysts See Up To 20% Further Returns

News 18  

LIC Share Price: Life Insurance Corporation shares surged in early trade after brokerage firm Motilal Oswal gave the insurance behemoth a ‘Buy’ rating. Motilal Oswal estimates LIC to deliver around 10 per cent CAGR in NBP during FY22-24E while the Value of New Business margin is likely to improve to 13.6 per cent on improving product mix and higher profit …

LIC Share Price Drop: Govt Concerned as LIC Share Price Falls, Calls it 'Temporary Blip'
2 years, 6 months ago

LIC Share Price Drop: Govt Concerned as LIC Share Price Falls, Calls it 'Temporary Blip'

News 18  

New Delhi: The government on Friday said it is “concerned” about the temporary blip in LIC scrip and the insurer’s management will look into these aspects and raise shareholders’ value. The government had fixed the issue price of LIC shares at Rs 949 apiece after a successful Initial Public Offering which was over-subscribed nearly 3 times. LIC management will look …

LIC Share Price Drops Further Today to New All-Time Low, What LIC Investors Must Know
2 years, 6 months ago

LIC Share Price Drops Further Today to New All-Time Low, What LIC Investors Must Know

News 18  

LIC Share Price Drops: Shares of Life Insurance Corporation of India plunged on Tuesday for the seventh straight session. The LIC share price on BSE fell 2.36 per cent or 18.35 points to Rs 759.05. Ravi Singh-vice president and head of research-ShareIndia, said: “LIC share price is witnessing heavy selling pressure due to fresh shorts and long coverings. It’s advisable …

LIC share price plunges: Check market cap of insurance behemoth
2 years, 6 months ago

LIC share price plunges: Check market cap of insurance behemoth

India Today  

Shares of Life Insurance Corporation of India plunged on Tuesday. The LIC share price on BSE fell 2.36 per cent or 18.35 points to Rs 759.05. LIC's share price fell further to around Rs 759 today as the loss mounted to Rs 190, according to data on BSE India. LIC MARKET CAP LIC has a market cap of Rs 4,80,098.95 …

LIC Share Price Drops to a New Low, M-Cap Below Rs 5 Lakh Crore; Know Why
2 years, 6 months ago

LIC Share Price Drops to a New Low, M-Cap Below Rs 5 Lakh Crore; Know Why

News 18  

LIC Share Price Today: Shares of Life Insurance Corporation of India, fell for the fifth continuous session. With today’s fall, LIC has slumped 17 per cent below its issue price of Rs 949 per share in a week. Last week, brokerage firm Emkay Global Financial Services initiated coverage on LIC with a ‘hold’ rating and a target price of Rs …

LIC IPO: Investors may get shares dividend, hints insurer
2 years, 6 months ago

LIC IPO: Investors may get shares dividend, hints insurer

India Today  

Life Insurance Corporation of India will hold a meeting of its board of directors to consider and approve payment of dividends, if any, the insurance behemoth said in a BSE-filing. The country's largest insurer made a lacklustre debut on stock exchanges, listing at over 8 per cent discount after a successful initial public offering which fetched Rs 20,557 crore for …

LIC Share Today: Should New Investors Buy LIC Share on Dip Now After Tepid Listing?
2 years, 7 months ago

LIC Share Today: Should New Investors Buy LIC Share on Dip Now After Tepid Listing?

News 18  

Disappointing thousands of investors, the share of Life Insurance Corporation of India made a lackluster debut on the stock market. LIC is trading at a P/EV of 1.08x which is at a significant discount to other listed private life insurance companies like HDFC Life, ICICI Prudential Life, and SBI Life Insurance, explained Yash Gupta — equity research analyst, Angel One …

LIC Listing Highlights: Shares Lists at Discount; Weak LIC Listing Due to Unpredictable Market Conditions, Says DIPAM Secy
2 years, 7 months ago

LIC Listing Highlights: Shares Lists at Discount; Weak LIC Listing Due to Unpredictable Market Conditions, Says DIPAM Secy

News 18  

Life Insurance Corporation of India shares made a tepid debut on the stock exchanges on Tuesday, May 17, listing at a discount to the IPO price. LIC shares started trading at Rs 865 apiece, down 8.65 per cent from its IPO price of Rs 949 on BSE. LIC IPO opened for subscription from May 4-9 with a price band of …

LIC share price falls on debut | What policyholders, investors can do now
2 years, 7 months ago

LIC share price falls on debut | What policyholders, investors can do now

India Today  

Shares of Life Insurance Corporation of India fell nearly 8 per cent on their stock market debut on Tuesday despite the country's largest ever IPO being oversubscribed at the top of the price range. LIC SHARE PRICE TODAY LIC's shares closed at Rs 875.45 on the BSE, down by 7.75 per cent or Rs 73.55 from the issue price. LIC …

LIC sees muted debut in stock market, lists at over 8% discount
2 years, 7 months ago

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

Firstpost  

LIC shares listed at a discount even as the benchmark BSE Sensex opened with gains later soared over 2 per cent Mumbai: The country’s largest insurer LIC on Tuesday made a lacklustre debut on stock exchanges on Tuesday, listing at over 8 per cent discount after a successful initial public offering which fetched Rs 20,557 crore to the exchequer. LIC …

LIC IPO listing: Why shares made lackluster debut on stock market?
2 years, 7 months ago

LIC IPO listing: Why shares made lackluster debut on stock market?

India Today  

LIC's shares on Tuesday made a disappointing debut on the stock market even after its initial public offering had become India's largest initial share sale till date. LIC SHARE PRICE LIC had fixed the issue price of its shares at Rs 949 apiece after a successful initial public offering, which fetched Rs 20,557 crore for the government. LIC had last …

LIC Share Lists at Discount: Buy, Sell or Hold, What Should LIC Investors, Policyholders Do?
2 years, 7 months ago

LIC Share Lists at Discount: Buy, Sell or Hold, What Should LIC Investors, Policyholders Do?

News 18  

Life Insurance Corporation of India shares made a lacklustre debut on the stock exchanges on Tuesday, listing at discount to the IPO price. We were expecting listing gains due to discounted valuations of LIC compared to private life insurance player,” he added. “Investors could hold the shares post listing for long term gains rather than have knee-jerk reaction due to …

LIC Listing on BSE, NSE Today: Time, Listing Price, Strategy, LIC Share Price, Details
2 years, 7 months ago

LIC Listing on BSE, NSE Today: Time, Listing Price, Strategy, LIC Share Price, Details

News 18  

All eyes are set on Life Insurance Corporation of India listing on Tuesday. The grey market premium of LIC IPO has been hovering in the negative territory for the last couple of days due to weak global markets in the aftermath of Russia’s invasion of Ukraine in February. Considering all the parameters, we expect soft listing between 5 per cent …

LIC set to debut shares on stock market today; here's what you need to know
2 years, 7 months ago

LIC set to debut shares on stock market today; here's what you need to know

Firstpost  

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 New Delhi: The country’s largest insurer LIC will list its shares on the stock exchanges on Tuesday after witnessing a good response from domestic investors in the initial share sale, which fetched Rs 20,557 crore …

Indian insurer LIC slides in market debut after record IPO
2 years, 7 months ago

Indian insurer LIC slides in market debut after record IPO

Al Jazeera  

LIC’s weak debut comes even as stocks in India and the broader Asian market rallied on Tuesday. India’s biggest insurer and largest domestic financial investor was trading at 887 rupees as of late morning, giving it a market value of about 5.6 trillion rupees and making it the country’s fifth-biggest company. Fintech firm Paytm plunged in its debut last November …

LIC's weak market debut after record IPO invites hilarious memes on Twitter, 'Oye chuna lga diya'
2 years, 7 months ago

LIC's weak market debut after record IPO invites hilarious memes on Twitter, 'Oye chuna lga diya'

India TV News  

Highlights Despite criticism from the opposition, the government had decided to push ahead with the IPO The LIC IPO was oversubscribed nearly three times People who failed to get allotment for LIC IPO were happy after low response on share market Life Insurance Corporation of India or LIC on Tuesday made a stock market debut at Rs 865 per share, …

Stock Market This Week: LIC IPO Listing, Q4 Results, Other Factors to Watch Out For
2 years, 7 months ago

Stock Market This Week: LIC IPO Listing, Q4 Results, Other Factors to Watch Out For

News 18  

Indian markets remained bearish for the second consecutive week ended May 13 as the benchmark share indices have lost nearly 4 per cent. Speaking on the major triggers that may dictate stock market next week, Anuj Gupta, Vice President — Research at IIFL Securities said, “The week ended on Friday was the worst in last two years. If rupee continues …

LIC IPO GMP Today Still Negative; Issue Price, Listing Date, What Investors Must Know
2 years, 7 months ago

LIC IPO GMP Today Still Negative; Issue Price, Listing Date, What Investors Must Know

News 18  

LIC IPO: The initial share sale of the country’s insurance behemoth Life Insurance Corporation was recently concluded after six days of bidding. LIC IPO GMP Today The unlisted shares of the LIC IPO nosedived in the negative zone in the grey market a few days back, and there has been no coming back from that yet. The LIC IPO GMP …

LIC IPO: Issue Price Fixed At Rs 949 Per Share; Listing Likely On May 17
2 years, 7 months ago

LIC IPO: Issue Price Fixed At Rs 949 Per Share; Listing Likely On May 17

News 18  

Life Insurance Corporation, which recently concluded its initial public offering with 2.95 times subscription, has set an IPO issue price of 949 per share. The country’s largest LIC IPO, which was open for public subscription between May 4 and May 9, received 47.83 crore bids as against the offer size of 16.21 crore. Pandey also said LIC IPO subscribed 2.95 …

LIC IPO allotment status: Haven't received shares? All you need to know about refund
2 years, 7 months ago

LIC IPO allotment status: Haven't received shares? All you need to know about refund

India Today  

The share allotment of the LIC IPO has been completed. Following the completion of the share allotment of LIC's IPO, there will be initiation of refunds for those who have not received shares. Applicants, who have checked allotment status and were not allotted shares of LIC, will get back their money as initiation of the refund process began on Friday. …

LIC GMP Down By 125% In Last 10 Days; Here's What Investors Should Know
2 years, 7 months ago

LIC GMP Down By 125% In Last 10 Days; Here's What Investors Should Know

News 18  

LIC IPO GMP Today: Life Insurance Corporation, which recently concluded India’s largest-ever public issue, completed its share allotment process on May 12. LIC IPO Latest GMP Today Market observers tracking LIC shares in the grey market said that LIC IPO GMP today is minus Rs 25, which means LIC IPO grey market price has remained almost steady for the last …

LIC IPO Share Allotment Finalised. Did you Get LIC Share? How to Check
2 years, 7 months ago

LIC IPO Share Allotment Finalised. Did you Get LIC Share? How to Check

News 18  

LIC IPO in India Share Allotment: The much-awaited initial public offering of Life Insurance Corporation of India has closed, and the company finalised share allotment on May 12. Here’s How to Check LIC IPO Share Allotment Status on NSE -Go to NSE’s official website — https://www.nseindia.com/ -Go to the “equity” option and select “LIC IPO” from the drop-down menu. -Complete …

LIC IPO share allotment expected today, check steps to see status online here
2 years, 7 months ago

LIC IPO share allotment expected today, check steps to see status online here

Firstpost  

The IPO was open from 4 May to 9 May for the subscription. While the allotments are expected to be done today, shares will likely be credited to Demat accounts on 16 May Life Insurance Corporation of India is expected to finalise the Initial Public Offering share allotment today, 12 May. They can also log in to direct BSE link …

LIC IPO allotment today: Direct link to check share application status
2 years, 7 months ago

LIC IPO allotment today: Direct link to check share application status

India Today  

The LIC IPO allotment date is here and applicants on Thursday will get to know whether they have been allotted shares of the national insurer or not. LIC IPO ALLOTMENT STATUS To check the status of your application in the LIC IPO, you need to go to https://www.bseindia.com/investors/appli_check.aspx You need to enter details such as issue type, issue name, application …

LIC IPO Share Allotment Today: How to Check Status Via BSE, KFin Tech, GMP
2 years, 7 months ago

LIC IPO Share Allotment Today: How to Check Status Via BSE, KFin Tech, GMP

News 18  

LIC IPO in India Share Allotment: Life Insurance Corporation of India is likely to finalise the IPO share allotment today, which is keenly awaited by investors who have participated in the country’s biggest-ever public issue. Check LIC Share Allotment Status Via Registrar KFin Technologies Website -To check the share allotment status, select the company name as ‘LIC — IPO’ from …

LIC IPO Share Allotment Soon: How to Check Subscription Status Via NSE, KFinTech Website
2 years, 7 months ago

LIC IPO Share Allotment Soon: How to Check Subscription Status Via NSE, KFinTech Website

News 18  

Life Insurance Corporation of India IPO share allotment will be finalised on Thursday, 12 May, after the Rs 21,000-cr public offer received 2.95 times subscription. Check LIC Share Allotment Status Via Registrar KFin Technologies Website -To check the share allotment status, select the company name as ‘LIC — IPO’ from the drop-down list on the Link Intime India website when …

LIC IPO: Allotment date, direct link to check share application status
2 years, 7 months ago

LIC IPO: Allotment date, direct link to check share application status

India Today  

The subscription period for India's biggest initial public offering is over and all eyes will be on the LIC IPO's share allotment. LIC's IPO was subscribed 2.95 times on the last day of the offer period on Monday, helping the government mobilise about Rs 21,000 crore. LIC IPO ALLOTMENT DATE Bidders in the LIC IPO will be allocated shares on …

LIC IPO Share Allotment Date Finalised: How Many Shares Will you Get? Know How it is Done
2 years, 7 months ago

LIC IPO Share Allotment Date Finalised: How Many Shares Will you Get? Know How it is Done

News 18  

LIC IPO Share Allotment: After the initial public offering of LIC ended for subscription on Monday, all eyes will be on the share allotment process. Here’s How to Check LIC IPO Share Allotment Status on NSE -Go to NSE’s official website — https://www.nseindia.com/ -Go to the “equity” option and select “LIC IPO” from the drop-down menu. -Complete the “I am …

LIC IPO GMP Today, Share Allotment Date, Status, Listing Date; All you Need to Know
2 years, 7 months ago

LIC IPO GMP Today, Share Allotment Date, Status, Listing Date; All you Need to Know

News 18  

LIC IPO: The initial public offering of Life Insurance Corporation of India has received a healthy response from investors as the offer has subscribed 2.95 times, receiving bids for 47.83 crore equity shares against LIC IPO size of 16.2 crore equity shares in total, as the six-day long subscription came to an end. DIPAM Secretary Tuhin Kanta Pandey on Monday …

LIC IPO allotment date: How to check application status
2 years, 7 months ago

LIC IPO allotment date: How to check application status

India Today  

The initial public offering of LIC is all set to close for subscription on Monday. Those who have applied for LIC's IPO, are eagerly waiting to know whether they have been allotted coveted shares of Life Insurance Corporation or not. LIC IPO ALLOTMENT DATE Shares of LIC will be listed on BSE and NSE on May 17. LIC SHARE ALLOTMENT …

LIC IPO Last Day Subscription Update: IPO Booked 2.95 Times; Retail Investors Make Record Bids
2 years, 7 months ago

LIC IPO Last Day Subscription Update: IPO Booked 2.95 Times; Retail Investors Make Record Bids

News 18  

The initial public offering of Life Insurance Corporation of India was subscribed 2.95 times on the sixth and the last day of bidding on Monday. LIC’s initial public offering has received 2.95 times subscription on the final day of bidding, with the portion reserved for qualified institutional buyers fully booked. LIC IPO Subscription Update At The End of Day 6, …

LIC IPO subscription closes today | Check status
2 years, 7 months ago

LIC IPO subscription closes today | Check status

India Today  

The subscription process for LIC's initial public offering is closing on Monday. The initial public offering, which is set to be India's biggest ever initial share sale, has received a positive response so far as all categories were subscribed fully. Shares reserved for non-institutional investors, including high-networth individuals, were subscribed fully, taking the overall subscription of the LIC's IPO to …

LIC IPO subscription status: Issue booked over 2x on last day. Latest updates
2 years, 7 months ago

LIC IPO subscription status: Issue booked over 2x on last day. Latest updates

Live Mint  

Life Insurance Corporation's IPO, the country's biggest initial public offer, was subscribed more than 2 times on the final day of the issue that closes today. As of 3:10 pm on the last day of the bidding, LIC IPO has been subscribed 2.71 times with retail investors' category booked 1.90x. Even after the reduced size of about ₹20,557 crore, LIC …

LIC IPO GMP, Subscription, Review; Your Last Chance to Invest Today, Should you Apply or Not?
2 years, 7 months ago

LIC IPO GMP, Subscription, Review; Your Last Chance to Invest Today, Should you Apply or Not?

News 18  

LIC IPO: The initial public offering of Life Insurance Corporation continues to attract retail investors, including employees and policyholders, who are among the top bidders for the issue so far. Today, May 9, is the last day to subscribe to the Rs 21,000 crore LIC IPO, the state-owned insurance behemoth, has subscribed 1.79 times till May 8, the fifth day …

LIC IPO: What GMP (grey market premium) signals as subscription ends today
2 years, 7 months ago

LIC IPO: What GMP (grey market premium) signals as subscription ends today

Live Mint  

LIC IPO opened for subscription on 4th May 2022 and bidding for the public offer of insurance behemoth is going to end on 9th May 2022 i.e. LIC IPO GMP Market observers said that LIC IPO GMP today is ₹36, which is ₹24 lower from its yesterday's grey market premium of ₹60. They said that after scaling up to ₹92 …

LIC IPO: Non-institutional investors portion fully subscribed on 4th Day
2 years, 7 months ago

LIC IPO: Non-institutional investors portion fully subscribed on 4th Day

Live Mint  

LIC IPO: The mega public offer continued to receive massive demand from policyholders, employees, and retail investors on the fourth day as well. Data given on NSE showed that LIC IPO oversubscribed by 1.66 times with cumulative bids of 26,83,18,335 equity shares against the offered size of 16,20,78,067 equity shares. The portion reserved for non-institutional investors subscribed fully by 1.08 …

LIC IPO: Retail portion subscribed fully on day three
2 years, 7 months ago

LIC IPO: Retail portion subscribed fully on day three

India TV News  

Highlights LIC IPO is going to be the biggest initial public offering ever in the country The government is diluting its 3.5 per cent stake in the insurance behemoth The government aims to generate about Rs 21,000 crore from the offer The initial public offering of the insurance behemoth Life Insurance Corporation was subscribed fully in the first hour of …

LIC IPO: You can now apply for subscription during weekend
2 years, 7 months ago

LIC IPO: You can now apply for subscription during weekend

India Today  

Willing investors can now apply for Life Insurance Corporation of India's initial public offering even during the weekend. Meanwhile, the Reserve Bank of India has also stated that all Application Supported by Blocked Amount -designated bank branches would remain open for the public on Sunday to facilitate processing of applications for LIC's IPO. The Government of India, in order to …

LIC IPO subscription status: Top points you need to know
2 years, 7 months ago

LIC IPO subscription status: Top points you need to know

India Today  

India's biggest initial public offering, LIC IPO, has received an overwhelming response from the insurer's employees and policyholders so far. LIC IPO SUBSCRIPTION STATUS The portion reserved for policyholders was subscribed 2.15 times. LIC's public offer saw the policyholders' portion being oversubscribed on the first day itself on Wednesday, though overall subscription stood at 67 per cent yesterday. LIC IPO …

LIC IPO: On Day 1, overall subscription at 67% | Key updates
2 years, 7 months ago

LIC IPO: On Day 1, overall subscription at 67% | Key updates

Hindustan Times  

Life Insurance Corporation's public offer, the country's biggest-ever IPO, saw the policyholders' portion being oversubscribed on the first day itself on Wednesday, though overall subscription stood at 67 per cent, even as a surprise rate hike by the Reserve Bank of India roiled markets. Here are top developments: >The portion set aside for policyholders was subscribed 1.99 times at the …

LIC IPO Listing: What Are the Pros and Cons of Investing in It?
2 years, 7 months ago

LIC IPO Listing: What Are the Pros and Cons of Investing in It?

The Quint  

The wait is over! India’s biggest-ever Initial Public Offering, that of the Life Insurance Corporation of India kicked off for subscription for retail institutional investors today, that is on 4 May. Since it's completely an offer for sale, all the proceedings will directly go to the government which is expecting to raise Rs 21,000 crore by selling a 3.5% stake …

LIC IPO first day first show: Positive start for India's biggest IPO | Check Subscription status
2 years, 7 months ago

LIC IPO first day first show: Positive start for India's biggest IPO | Check Subscription status

India Today  

India's biggest initial public offering is finally here. LIC IPO SUBSCRIPTION DATE The LIC IPO opened for subscription on Wednesday and the application process will continue till May 9. Ahead of the subscription period, LIC's IPO saw 'excellent' response as the anchor investor portion was subscribed fully, garnering around Rs 5,620 crore. The LIC IPO would be the biggest ever …

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