Volatility doesn’t matter, more aspirants likely to hit IPO market after LIC
2 years, 8 months ago

Volatility doesn’t matter, more aspirants likely to hit IPO market after LIC

Live Mint  

Now that the stage is set for India’s biggest-ever initial public offering, with the Life Insurance Corp. of India floating its public issue on 4 May to raise ₹21,000 crore at a valuation of about ₹6 trillion, a large number of companies waiting in the wings to avoid a clash with the mega issue are expected to make a beeline to initiate their share sale process, said experts. Many companies have the regulatory approval for their public issue, but were waiting for the LIC IPO to be completed as it is likely to suck out a considerable amount of liquidity from the primary markets, they added. After a record 2021, when companies raised ₹1.18 trillion through public issues, only six companies, including Adani Wilmar Ltd, Vedant Fashions Ltd and AGS Transact Technologies Ltd, have launched their IPOs, raising just ₹7,819 crore so far in 2022, according to data from primary market tracker Prime Database. To be sure, even as the primary market may breathe a sigh of relief with the LIC IPO passing through, a section of experts said headwinds, such as volatility, continue to plague overall sentiments, and deal activity may not see a substantial pick up even after the LIC share sale.

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History of this topic

Indian IPO market soared to new heights in 2024: Will the momentum sustain in 2025?
1 week, 6 days ago

Indian IPO market soared to new heights in 2024: Will the momentum sustain in 2025?

Live Mint  

IPO Market Outlook: The year 2024 marked a defining moment for the Indian IPO market, as over 90 companies collectively raised an impressive ₹1.62 lakh crore, two times more than ₹49,436 crore raised in 2023. It is better to focus on strong Mainboard IPOs and carefully select SME IPOs with solid promoters and good financials.” Resilience in the Mainboard IPO …

India’s IPO market zoomed to $11.2 billion in 2024, set for record growth next year too, says report
2 weeks, 4 days ago

India’s IPO market zoomed to $11.2 billion in 2024, set for record growth next year too, says report

Live Mint  

India's initial public offering market reached a “historic milestone” as it doubled proceeds from $5.5 billion in 2023 to $11.2 billion in 2024, as per the Global Data report. “India's IPO market hit a bull run in 2024, with proceeds skyrocketing to $11.2 billion — more than doubling the $5.5 billion raised in 2023. Big Successes on List in 2024 …

DAM Capital Advisors IPO listing: Is strong market debut on cards? Check GMP
3 weeks ago

DAM Capital Advisors IPO listing: Is strong market debut on cards? Check GMP

India Today  

Shares of DAM Capital Advisors IPO are expected to make their market debut on December 27, 2024 after witnessing a strong interest from investors. DAM Capital Advisors IPO received an overwhelming response, being subscribed 81.88 times overall by the close of Day 3 on December 23, 2024. In the case of DAM Capital Advisors IPO, the rising GMP suggests the …

2024 Review: Indian IPO market shatters records as 317 issues raise ₹1.8 trillion
3 weeks, 2 days ago

2024 Review: Indian IPO market shatters records as 317 issues raise ₹1.8 trillion

Live Mint  

2024 Review: The Indian primary market witnessed a landmark year, with equity issuances surging by 2.6 times compared to the previous year, underscoring the booming investor sentiment in Indian markets. New Listings The report noted that the contribution of new listings to overall market capitalisation increased to 2.9 per cent in 2024, compared to 1.4 per cent in the previous …

NACDAC Infra IPO: This SME issue garners over ₹14,000 crore bids for ₹7 crore offer; here’s what GMP signals
3 weeks, 5 days ago

NACDAC Infra IPO: This SME issue garners over ₹14,000 crore bids for ₹7 crore offer; here’s what GMP signals

Live Mint  

NACDAC Infrastructure IPO: The recent SME IPO of NACDAC Infrastructure has drawn significant attention, becoming one of the highest-subscribed issues in the SME segment. Today's grey market premium for NACDAC Infrastructure IPO is ₹32 per share, as per the market observers, suggesting that the shares are likely to list at ₹67, a 90 per cent premium over the issue price …

IPOs Ahead: Equity Markets To See Rush Of 11 Maiden Offers Including Mobikwik, Vishal Mega Mart
Trending News
1 month, 1 week ago

IPOs Ahead: Equity Markets To See Rush Of 11 Maiden Offers Including Mobikwik, Vishal Mega Mart

ABP News  

The equity markets are all set to witness major action on the intial public offering front in the coming week. About 11 firms are gearing up to launch their maiden offers in the week including Sai Life Sciences, Vishal Mega Mart, One Mobikwik Systems, and Inventurus Knowledge Solutions Ltd. Along with five mainboard IPOs, six SMEs are also gearing up …

Mobikwik IPO GMP rises ahead of issue opening next week; Check dates, price band, other key details
1 month, 1 week ago

Mobikwik IPO GMP rises ahead of issue opening next week; Check dates, price band, other key details

Live Mint  

Fintech company One Mobikwik Systems is set to launch its initial public offering next week to raise ₹572 crore from the primary market. Mobikwik IPO price band has been set at ₹265 to ₹279 per share and the public issue is entirely a fresh issue of 2.05 crore equity shares. Here’s what Mobikwik IPO grey market premium signals ahead of …

India’s IPO fundraising set for landmark year 2024: S&P Global Market Intelligence
1 month, 1 week ago

India’s IPO fundraising set for landmark year 2024: S&P Global Market Intelligence

Live Mint  

New Delhi, December 8 Fundraising via initial public offerings in India is set for another landmark year this 2024, asserted S&P Global Market Intelligence in a report. The listed companies raised a combined ₹1.4 trillion rupees, according to data compiled by S&P Global Market Intelligence. The IPO count this year grew over 22 per cent from 243 in 2023, while …

2024: A year of IPO boom as retail interest zooms
1 month, 2 weeks ago

2024: A year of IPO boom as retail interest zooms

Live Mint  

2024 has been a landmark year for the Indian initial public offer market, with an unprecedented surge in fundraising and retail participation. A hot streak in 2024 IPO activity in India has hit a new record this year with a staggering ₹1.4 trillion raised through both main-board and small and medium enterprises segments. While mainstream IPOs offered limited listing gains, …

IPO Scorecard: Over 300 stocks debut on Dalal Street in 2024, nearly 70% trade above issue prices
Trending News
1 month, 2 weeks ago

IPO Scorecard: Over 300 stocks debut on Dalal Street in 2024, nearly 70% trade above issue prices

Live Mint  

The year 2024 has emerged as a stellar one for the Indian primary market, witnessing an unprecedented surge in activity. Notably, 133 SME IPOs achieved subscription rates exceeding 100 times, with 23 surpassing an extraordinary 500 times in retail subscriptions, underscoring the massive retail participation in this segment. Reflecting the strong performance of SMEs, 156 IPOs are currently trading above …

Stock market this week: 6 new IPOs coming up along with 4 listings
Trending News
1 month, 3 weeks ago

Stock market this week: 6 new IPOs coming up along with 4 listings

Hindustan Times  

The Indian stock market will see six new Initial Public Offerings this week along with four companies getting listed. The price band will be between ₹319 and ₹335 per share and will close on Wednesday, November 27. Apex Ecotech Water and wastewater treatment solutions provider Apex Ecotech will be floating a ₹25.54 crore IPO with subscription beginning from Wednesday, November …

Is the IPO craze over? Stock market correction hits public listings
2 months ago

Is the IPO craze over? Stock market correction hits public listings

India Today  

India’s IPO market, which has been vibrant with activity in the current financial year, is facing challenges despite a year marked by blockbuster listings. “Regulatory changes by Sebi have curbed speculative buying, and valuations are now scrutinised more closely, leading to a focus on fundamentals rather than hype.” After the excitement generated by this year’s major IPOs, such as Hyundai …

SME IPO Frenzy: Opportunity or bubble? 2024 sees record ₹8,200 crore raised by SME firms
2 months ago

SME IPO Frenzy: Opportunity or bubble? 2024 sees record ₹8,200 crore raised by SME firms

Live Mint  

SME IPOs have become a central focus for investors looking for quick returns, with small and medium-sized enterprises increasingly tapping the public markets. This robust performance has caught the attention of high-net-worth investors, who are optimistic about short-term returns but they may be overestimating the stability of these gains, according to Trivesh D. The Evolution of SME IPOs Trivesh D …

Sagility India IPO day 2: GMP, subscription status, review, other details. Apply or not?
2 months, 1 week ago

Sagility India IPO day 2: GMP, subscription status, review, other details. Apply or not?

Live Mint  

Sagility India IPO: The initial public offering of Sagility India Limited hit the Indian primary market on 5th November 2024. Sagility India IPO details 1] Sagility India IPO GMP: According to stock market observers, the company's shares are trading at a premium of ₹3 in the grey market today. 2] Sagility India IPO price: The healthcare solution provider company has …

Four Mainboard IPOs, One SME IPO and One Listing to Keep Dalal Street Buzzing
2 months, 1 week ago

Four Mainboard IPOs, One SME IPO and One Listing to Keep Dalal Street Buzzing

Live Mint  

Four mainboard IPOs and one SME IPO are scheduled to take place next week on Dalal Street, with a combined issue size of ₹43,000 crore. The primary market remains abuzz, with six mainboard IPOs launched last month, including the ₹27,870.16 crore Hyundai Motor India IPO. The list of upcoming IPOs includes four mainboard companies and one SME IPO, with a …

Venture Capital Firms Encourage Startups to Go Public in a Bull Market
2 months, 3 weeks ago

Venture Capital Firms Encourage Startups to Go Public in a Bull Market

Live Mint  

Venture capital investors are increasingly encouraging some of their early- to mid-stage portfolio startups, such as IntrCity, BHive, and Leverage Edu, to go public. Startups can take advantage of a bullish stock market and return capital to their investors through an IPO. However, the IPO market is hot, and startups must be prepared to meet investor expectations. Some startups are …

Hyundai Motor India's IPO: A $3.3 Billion Milestone for India's Automotive Landscape
Top News
2 months, 3 weeks ago

Hyundai Motor India's IPO: A $3.3 Billion Milestone for India's Automotive Landscape

ABP News  

Hyundai Motor India's IPO opens on Tuesday, marking the largest IPO in India's history. The offering, which valued the Indian unit of South Korea's Hyundai Motor Co. at approximately $19 billion, attracted strong demand from institutional investors but was slower than expected due to retail investors' limited participation. Despite the valuation challenges, Hyundai's IPO raises Rs 27,900 crore, surpassing the …

India accounted for 25% of global IPOs in first half of 2024
3 months, 4 weeks ago

India accounted for 25% of global IPOs in first half of 2024

Hindustan Times  

The Initial Public Offering market in India has turned out to be an outlier in itself and is bucking the subdued global public issue trends. A report released by wealth management firm Angel One Wealth noted that while the global IPO market peaked in 2021, India has been the outlier with public listings in the last year because of strong …

IPO Frenzy: India’s Primary Market Soars In Aug, 10 Listings Raise Rs 17,047 Crore, Says Report
4 months, 1 week ago

IPO Frenzy: India’s Primary Market Soars In Aug, 10 Listings Raise Rs 17,047 Crore, Says Report

ABP News  

The Indian primary markets clocked a sharp uptick in the initial public offering activity in August, media reports said. According to a report by Moneycontrol, 10 firms together raised Rs 17,047 crore collectively in the month. From the total amount raised, nearly 57 per cent of the funds or Rs 9,715 crore came from fresh issue capital. In 2024 so …

IPO market in India: Most investors chase listing lottery, sell shares within a week, says Sebi
4 months, 1 week ago

IPO market in India: Most investors chase listing lottery, sell shares within a week, says Sebi

Firstpost  

According to Sebi, 54 per cent of IPO shares, excluding those held by anchor investors, were sold within a week of listing. Retail investors also exhibited a strong tendency to sell quickly, with 42.7 per cent of the shares allotted to them being sold within a week Most investors pouring money into the primary market in India are looking to …

Premier Energies Limited IPO to open tomorrow: All you need to know
4 months, 2 weeks ago

Premier Energies Limited IPO to open tomorrow: All you need to know

India Today  

The initial public offering of Premier Energies IPO will open for bidding on Tuesday, looking to raise Rs 2,830.40 crore. Premier Energies' IPO is a book-built issue which includes a fresh issue of 2.87 crore shares, amounting to Rs 1,291.40 crore, and an offer for sale of 3.42 crore shares totalling to Rs 1,539 crore. Premier Energies IPO objectives The …

The Role Of The Best Trading Platforms In Navigating Upcoming IPOs In India
6 months, 1 week ago

The Role Of The Best Trading Platforms In Navigating Upcoming IPOs In India

ABP News  

The Indian IPO market is overheating as firms are back seeking to raise money through public tapping for the first time after years of silence. Although upcoming initial public offers offer opportunities for investors While upcoming IPOs provide opportunities for investors, there are following significant risks and challenges to consider when investing in upcoming IPO in India: Market Volatility If …

Hyundai Motor IPO: Auto Major Enlists Major Banks For Potential Listing Of Indian Unit
7 months, 2 weeks ago

Hyundai Motor IPO: Auto Major Enlists Major Banks For Potential Listing Of Indian Unit

ABP News  

Hyundai Motor IPO: The automobile firm has engaged Kotak Mahindra Bank Ltd. and Morgan Stanley as advisers for a potential initial public offering of its Indian subsidiary, according to sources familiar with the matter told news agency Bloomberg. Bloomberg News has reported that the offering could generate around $2.5 billion for Hyundai Motor India Ltd., the country’s second-largest car manufacturer. …

The Power of IPOs: Insider Tips for Investing in Initial Public Offerings
8 months, 3 weeks ago

The Power of IPOs: Insider Tips for Investing in Initial Public Offerings

India TV News  

Initial Public Offerings have long captivated investors, offering a unique opportunity to participate in a company's growth journey from its early stages. Stay Informed about the Fear and Greed Index Understanding market sentiment is crucial for making informed IPO investment decisions. The Fear and Greed Index is a valuable tool for investors looking to understand market sentiment and make informed …

IPOs of these companies to hit Dalal Street next week. Check details
9 months, 1 week ago

IPOs of these companies to hit Dalal Street next week. Check details

Hindustan Times  

As many as three initial public offerings will hit the Dalal Street in the coming week, after Bharti Hexacom launched the maiden IPO of the current financial year. DCG Cables and Wires IPO: The company aims to raise ₹49.99 crore via the offering, which is entirely a fresh issue of 49.99 lakh shares. The company aims to raise ₹6.3 crore …

What is driving IPO rush in Indian equity market?
1 year ago

What is driving IPO rush in Indian equity market?

Live Mint  

The Indian equity market is witnessing a tidal wave of initial public offerings, with companies eager to ride the crest of investor optimism and a robust economy. “Corporates, promoters and PE players are taking advantage of buoyant market sentiments and healthy short to medium-term equity market outlook to mobilise equity capital from the public,” said Sunny Agrawal, Head of Fundamental …

INOX India IPO listing date today. GMP, experts predict strong debut of shares
1 year ago

INOX India IPO listing date today. GMP, experts predict strong debut of shares

Live Mint  

INOX India IPO: Listing date of initial public offering of INOX India Limited has been fixed on 21st December 2023 i.e. INOX India IPO listing price On expected INOX India IPO listing price, Arun Kejriwal, Founder at Kejriwal Research and Investment Services said, "The public issue received strong response from investors despite higher valuations. If there is trend reversal during …

Inox India IPO: Here are 10 things to know before subscribing to the issue
1 year, 1 month ago

Inox India IPO: Here are 10 things to know before subscribing to the issue

Live Mint  

The initial public offering of Inox India will open for subscription on December 14 and will close on December 18. And you know, since exports is a very, very core component of, our strategy going forward to being a publicly listed company certainly will help us as we try and gain market share in the global economy in cryogenics.” INOX …

IPOs Next Week: 1 SME IPO to open, 3 listings for primary markets; check details
1 year, 2 months ago

IPOs Next Week: 1 SME IPO to open, 3 listings for primary markets; check details

Live Mint  

IPOs Next Week: The primary market witnessed some major listings in both main board and small- and medium-sized enterprise segments last month, which kept investors engaged with subscriptions and listings. In the first half of 2023, India’s share in the number of global IPO’s has rose to 13 per cent,'' said said Mahavir Lunawat, Managing Director, Pantomath Capital Advisors Pvt. …

Driven By SME IPOs, India Leads Global IPO Chart With 80 Listings Till June 2023: Report
1 year, 5 months ago

Driven By SME IPOs, India Leads Global IPO Chart With 80 Listings Till June 2023: Report

ABP News  

Defying global trends, the stock exchanges of India have topped global rankings in terms of the number of initial public offers. As per a report by Ernst and Young, the BSE and the NSE have jointly listed 80 firms till June 2023, which is 33 per cent higher than the 60 IPOs floated a year back. "Defying the global downward …

PKH Ventures IPO: Issue to open on June 30, check details here
1 year, 6 months ago

PKH Ventures IPO: Issue to open on June 30, check details here

Live Mint  

PKH Ventures, a construction and development, hospitality, and management services, is all set to launch its initial public offering. The IPO consists of a fresh issue of upto 18,258,400 shares and an offer for sale of upto 7,373,600 shares by its promoter Pravin Kumar Agarwal. The firm said it will also use a part out of the fresh issue to …

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 …

Nearly 100 public offerings in 2023? How experts see IPO market performing
2 years ago

Nearly 100 public offerings in 2023? How experts see IPO market performing

Live Mint  

A little over a week is all we have left of the year 2022! This robustness for IPOs will continue because these IPOs are being supported by domestic retail and institutional capital unlike earlier when capital markets relied heavily on foreign institutional investors. According to Gopal Kavalireddi, Head of Research at FYERS, as per primary market updates, more than 55 …

IPO pipeline in India seen active in 2023 on smaller deals
2 years, 1 month ago

IPO pipeline in India seen active in 2023 on smaller deals

Live Mint  

India is expected to see a steady flow of small-to-mid-sized deals next year as investors grow wary about large listings after the disastrous performance of some major technology initial public offerings. India’s markets regulator currently has about two dozen IPO applications including SoftBank Group-backed Oyo Hotels and Tata Play Ltd. The overall fundraising via IPOs next year “will be a …

LIC IPO: Investors may get shares dividend, hints insurer
2 years, 7 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 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 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 …

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, …

LIC IPO: Allotment date, direct link to check share application status
2 years, 8 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 subscribed nearly three times; government raises Rs 21,000 crore
2 years, 8 months ago

LIC IPO subscribed nearly three times; government raises Rs 21,000 crore

Firstpost  

Against 16,20,78,067 shares on offer, 47,83,25,760 bids were received, according to data posted on stock exchanges at 7 pm New Delhi: Life Insurance Corporation’s IPO, the country’s biggest public offer, was subscribed 2.95 times on the last day of offer period on Monday, helping the government mobilise about Rs 21,000 crore. LIC reduced its IPO size to 3.5 per cent …

Retail investors contributed most to LIC IPO success, says DIPAM secretary Tuhin Kanta Pandey
2 years, 8 months ago

Retail investors contributed most to LIC IPO success, says DIPAM secretary Tuhin Kanta Pandey

The Hindu  

The initial public offer of the Life Insurance Corporation of India closed successfully on Monday evening at 7 p.m. and is expected to yield about ₹20,500 crore to the exchequer, top finance ministry officials said. “I am pleased to inform you that the offer that was started on May 4, has closed today at 7 pm, and it has met …

LIC IPO subscription closes today | Check status
2 years, 8 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, 8 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, 8 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 fully subscribed on day 2; offer closes on May 9
2 years, 8 months ago

LIC IPO fully subscribed on day 2; offer closes on May 9

The Hindu  

LIC’s public offer, the country’s biggest-ever IPO, was fully subscribed on the second day of bidding on Thursday. To facilitate this, Reserve Bank of India directed all ASBA-designated bank branches to remain open for public on Sunday to facilitate processing of applications for LIC's initial public offering. State-owned LIC's Initial Public Offering, the country's biggest ever offer, opened for subscription …

LIC IPO subscription status: Top points you need to know
2 years, 8 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 Listing: What Are the Pros and Cons of Investing in It?
2 years, 8 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 booked over 30% so far, bids to stay open Saturday for retail investors
2 years, 8 months ago

LIC IPO booked over 30% so far, bids to stay open Saturday for retail investors

Hindustan Times  

India’s largest initial public offering, which is expected to fetch 210 billion rupees, started taking orders from individuals and other categories after attracting anchor investors including sovereign funds from Norway and Singapore. A man cleans a hoarding of Life Insurance Corporation of India before the start of a news conference about the LIC initial public offering launch, in Kolkata, Retail …

India’s state insurance company to list in biggest IPO
2 years, 8 months ago

India’s state insurance company to list in biggest IPO

Associated Press  

NEW DELHI — A much-awaited initial public offering for India’s state-run Life Insurance Corp. began this week with retail investors allowed to subscribe for its shares starting Wednesday. The offering was scaled back to 3.5% of the company’s equity from 5% given uncertainties prevailing in global markets such as the war in Ukraine and the trend toward raising interest rates …

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