LIC shares may have a discounted debut, signals grey market premium (GMP)
2 years, 7 months ago

LIC shares may have a discounted debut, signals grey market premium (GMP)

Live Mint  

LIC IPO GMP: After announcement of share allocation, focus has now shifted towards share listing date of Life Insurance Corporation of India, which is most likely on 17th May 2022. LIC IPO GMP today Market observers said that LIC IPO GMP today is minus ₹25, which means LIC IPO grey market price has remained almost steady for last 24 hours. They said that ever since opening of LIC IPO, stock market mood across world has remained bearish and this could be the major possible reason for LIC IPO GMP fall. What this GMP mean As LIC IPO GMP today is minus ₹25, it means grey market is expecting that LIC IPO listing would be around ₹925, which is near 3 per cent lower from LIC IPO price band of ₹902 to ₹949 per equity share.

Market Grey Market Share Grey Lic Ipo Gmp Market Observers Lic Ipo Lic Ipo Gmp Debut Signals  lic  debut  signals  ipo  gmp  shares  discounted  25  price  premium  share  observers  market  grey  today

History of this topic

IPO Buzz: All FAQs answered around grey market, GMP and more
1 year ago

IPO Buzz: All FAQs answered around grey market, GMP and more

Live Mint  

With initial public offering market is creating a buzz with new IPOs marking their debut. The spike in share prices was also attributed to grey market trading, analysts said, Livemint earlier reported. "In the dynamic landscape of finance, the grey market stands as a unique and intriguing space where investors can get a sneak peek into the potential of companies …

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 Shareholders: LIC Stock Rises 2% Today Ending 10-Day Losing Run; Sell or Hold Now?
2 years, 6 months ago

LIC Shareholders: LIC Stock Rises 2% Today Ending 10-Day Losing Run; Sell or Hold Now?

News 18  

LIC Shares Gain: Life Insurance Corporation shares snapped their losing streak after 10-days on Tuesday after they rose 2 per cent on the back of higher volumes. LIC share price today opened with a downside gap but soon started ascending and went on to hit intraday high of Rs 684 levels, logging more than 1 per cent rise from its …

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 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 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'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 GMP Update: What Investors Should Expect from LIC IPO Listing Tomorrow
2 years, 7 months ago

LIC IPO GMP Update: What Investors Should Expect from LIC IPO Listing Tomorrow

News 18  

LIC IPO: The shares of insurance major LIC will make their market debut Tuesday, May 17. The price band for the LIC IPO was fixed at Rs 902-Rs 949 per equity share. GPM is a premium amount at which grey market IPO shares are traded and it reflects how the IPO is likely to react on its listing day. The …

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 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 GMP Turns Negative; Know What It Means For Investors?
2 years, 7 months ago

LIC IPO GMP Turns Negative; Know What It Means For Investors?

News 18  

LIC IPO subscriptions closed on May 9. However, ahead of LIC IPO allotment, grey market sentiment in regard to the Initial Public Offering of the insurance behemoth has further gone southward. Market observers said that LIC IPO GMP today is minus Rs 26, which is Rs 18 lower from its yesterday’s grey market premium of minus Rs 8. Market observers …

LIC IPO Latest GMP Today; Know What It Indicates About Listing Gains
2 years, 7 months ago

LIC IPO Latest GMP Today; Know What It Indicates About Listing Gains

News 18  

LIC IPO: Subscription for the public issue of the insurance behemoth ended on May 9 and bidders are eagerly waiting for the announcement of share allotment now. Market observers said that due to weak sentiments at secondary markets, LIC IPO grey market premium has been nosediving for near one week and now it has slipped into red zone. They said …

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 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: 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 booked over 30% so far, bids to stay open Saturday for retail investors
2 years, 7 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 …

LIC IPO opens for subscription but why share market is down
2 years, 7 months ago

LIC IPO opens for subscription but why share market is down

India Today  

The Sensex and Nifty on Wednesday fell as metal and pharmaceutical stocks declined. The share market was gyrting in volatility even as the initial public offering of LIC opened for subscription for insurer's policyholders and employees and general investors. The NSE Nifty 50 index was down 0.72 per cent or 123.40 points at 16,945.70, while the S&P BSE Sensex fell …

LIC IPO: Mega Listing Gain for Investors? Know What GMP Suggests Today
2 years, 7 months ago

LIC IPO: Mega Listing Gain for Investors? Know What GMP Suggests Today

News 18  

LIC IPO GMP: The premium on shares of Life Insurance Corporation of India in the grey market climbed 80 per cent on April 28, with the company’s initial public offering – the largest in the country – set to open next week. LIC shares commanded a premium of Rs 45 over the higher end of the price band set for …

LIC IPO: Shares at premium in grey market, say observers. What GMP indicates?
2 years, 7 months ago

LIC IPO: Shares at premium in grey market, say observers. What GMP indicates?

Live Mint  

LIC IPO: The Initial Public Offering of insurance behemoth Life Insurance Corporation of India is going to hit Indian primary markets next month. LIC IPO GMP Market observers said that LIC IPO GMP today is ₹20, which is ₹28 down from its grey market premium on Wednesday. They said that negative market sentiments could be the possible reason for this …

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