‘Ghar ghar’ demat: How LIC IPO can help stock market penetrate rural India
2 years, 8 months ago

‘Ghar ghar’ demat: How LIC IPO can help stock market penetrate rural India

Live Mint  

As India eyes the bumper initial public offering of the state-run insurance behemoth Life Insurance Corporation of India, Spice Money & Religare Broking join hands for a ‘first-of-its-kind' long term partnership to simplify Demat Account Opening facility for rural India. Through this association, Religare Broking and Spice Money aim to provide rural citizens with equitable access to investment opportunities. Nitin Aggarwal, CEO, Religare Broking said, “With the help of Spice Adhikaris, each investor willing to invest in IPOs can seamlessly open a Demat account on Dynami App and make informed decisions for a range of investment products.” Gurpreet Sidana, COO, Religare Broking said, “Continuing our promise to offer simplified investment journeys & innovative services, this time we are building a large scale phygital DIY facility with Spice Money for opening Sabse Sasta Demat Account.” There is a fair degree of interest in the LIC IPO from retail investors. Varun Sridhar, CEO - of Paytm Money believes that May will be a record month for Demat account openings in recent times.

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History of this topic

Demat accounts rise 34% in December on attractive returns from equity markets
2 years ago

Demat accounts rise 34% in December on attractive returns from equity markets

Live Mint  

Demat accounts saw a surge in popularity last month, led by attractive returns from the equity markets, ease of account opening process and increased financial savings. The number of demat accounts rose to 10.8 crore last month - a surge of 34% on yearly basis. But while the number of demat accounts in the country continues to rise - albeit …

As Demat Accounts in India Breach 100-mn Mark, Here's Why Mutual Funds Are A Rookie Investor's Best Friend
2 years, 4 months ago

As Demat Accounts in India Breach 100-mn Mark, Here's Why Mutual Funds Are A Rookie Investor's Best Friend

News 18  

The number of Demat accounts in India reached a staggering 100.5 million in August 2022, breaching the 100 million mark, as per data from prominent depositories NSDL and CDSL. While February saw the highest opening figures this year, 2.9 million new accounts, it was followed by 2.7 million in May, 2.4 million in April, and 2.2 million last month. Money …

Demat Accounts In India Cross 10 Crore; Here's Why Investor Participation Is Rising In Equity Markets
2 years, 4 months ago

Demat Accounts In India Cross 10 Crore; Here's Why Investor Participation Is Rising In Equity Markets

News 18  

In an indication of rising retail interest in the Indian equity market, the total demat accounts in the country touched 100.5 million in August, crossing the 100 million-mark for the first time ever. According to the latest data from depository firms National Securities Depository Ltd and Central Depository Services Ltd, the total number of demat accounts in India stood at …

LIC IPO Last Day Subscription Update: IPO Booked 2.95 Times; Retail Investors Make Record Bids
2 years, 8 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, 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: Retail portion subscribed fully on day three
2 years, 8 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, 8 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, 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: On Day 1, overall subscription at 67% | Key updates
2 years, 8 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, 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 first day first show: Positive start for India's biggest IPO | Check Subscription status
2 years, 8 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 …

LIC IPO Opens Today: India's Biggest Public Issue Live Now, Here's How to Buy LIC IPO Shares
2 years, 8 months ago

LIC IPO Opens Today: India's Biggest Public Issue Live Now, Here's How to Buy LIC IPO Shares

News 18  

LIC IPO: The Dalal Street has been set abuzz once again, with India?s largest life insurer, Life Insurance Corporation of India is opening its initial public offering on May 4, Wednesday. The LIC IPO opens today, which means the wait is over for subscribers and investors who want to invest in the largest public issue in India?s history. The LIC …

India’s biggest IPO opens in midst of volatile markets
2 years, 8 months ago

India’s biggest IPO opens in midst of volatile markets

Al Jazeera  

Through the IPO of state-run LIC, India expects to raise $2.7bn from the sale of a 3.5 percent stake. State-owned Life Insurance Corporation’s $2.7bn IPO, India’s largest, has opened to subscriptions from retail and other investors following strong demand from anchor investors led by domestic mutual funds. The Indian government expects to raise the sum, just a third of its …

LIC IPO opens for policyholders, investors today | Price band, how to apply
2 years, 8 months ago

LIC IPO opens for policyholders, investors today | Price band, how to apply

India Today  

The much awaited initial public offering of LIC opened for policyholders and investors on Wednesday. Ahead of the LIC IPO's subscription process, the anchor investor portion was subscribed fully, garnering around Rs 5,620 crore. LIC IPO SUBSCRIPTION DATE The LIC IPO opens for institutional and retail buyers, policyholders, and employees on May 4. LIC IPO PRICE BAND, SIZE The government …

LIC IPO: State insurer raises over Rs 5,600 crore from anchor investors
2 years, 8 months ago

LIC IPO: State insurer raises over Rs 5,600 crore from anchor investors

India Today  

The LIC IPO got off to a bumper start as the national insurer garnered around Rs 5,620 crore. Of the over 22.13 crore LIC shares on offer, over 9.88 crore shares are reserved for qualified institutional buyers and over 2.96 crore shares for non-institutional buyers. LIC's embedded value, which is a measure of the consolidated shareholder's value in an insurance …

LIC IPO Opens on Wednesday: Should First-Time Investors Subscribe to the IPO?
2 years, 8 months ago

LIC IPO Opens on Wednesday: Should First-Time Investors Subscribe to the IPO?

News 18  

Life Insurance Corporation of India‘s initial public offering is all set to be opened for subscription on May 4. The IPO is the first step of long-term value creation for LIC shareholders.” Speaking about if new investors should invest in the IPO, Yash Gupta, equity research analyst, Angel One Ltd. said “Yes, First-time investors can apply for the LIC IPO, …

LIC IPO Opens Next Week: Key Things to Know Before Buying LIC Shares
2 years, 8 months ago

LIC IPO Opens Next Week: Key Things to Know Before Buying LIC Shares

News 18  

LIC IPO: India’s largest insurer Life Insurance Corporation is set to open its initial public offering or IPO next week. LIC IPO Price Band: The price band of LIC IPO is set at Rs 902 to Rs 949 per equity share, with a Rs 60 discount for policyholders and Rs 45 discount for employees and retail investors. The price band …

LIC IPO opens next week. GMP, date, price, other details you should know
2 years, 8 months ago

LIC IPO opens next week. GMP, date, price, other details you should know

Live Mint  

LIC IPO: The Initial Public Offering of Life Insurance Corporation of India is going to hit primary market next week. - LIC IPO date: The public issue will open on 4th May 2022 and it will remain open for bidding till 9th May 2022. - LIC IPO discount: The GoI has announced ₹60 per equity share discount for IPO applicants …

LIC IPO: A Guide for LIC Policyholders to Buy Shares at Discounted Rates
2 years, 8 months ago

LIC IPO: A Guide for LIC Policyholders to Buy Shares at Discounted Rates

News 18  

LIC IPO: The mega initial share sale of the Life Insurance Corporation of India, or LIC, is finally set to open next week, on May 4 and close on May 9. LIC IPO: Discount for Policyholders At the moment, what most people across India may find attractive is the discount LIC policyholders get while buying shares of the LIC IPO. …

LIC IPO: From demat account opening to subscription, guide for first time investors
2 years, 8 months ago

LIC IPO: From demat account opening to subscription, guide for first time investors

India Today  

Life Insurance Corporation of India's initial public offering is all set to be opened for subscription on May 4. Those who are willing to participate in the subscription process of LIC's IPO, must open a demat account. - Investors need to select a broker through which they want to open a demat account. - Once the broker is selected, the …

LIC IPO GMP, Valuation, Quota, Discount: IPO to Open Next Week, Should you Invest?
2 years, 8 months ago

LIC IPO GMP, Valuation, Quota, Discount: IPO to Open Next Week, Should you Invest?

News 18  

LIC IPO: The Initial Public Offering of insurance behemoth Life Insurance Corporation of India will open for subscriptions on May 4 and close on May 9, with anchor investment opening on May 2. Yash Gupta-equity research Analyst, Angel One Ltd said, “The issue size of the IPO is Rs 21,000 crore with a valuation of Rs 6,00,000 crore. Earlier it …

LIC’s Rs.21K crore IPO, India\'s largest, to open on May 4
2 years, 8 months ago

LIC’s Rs.21K crore IPO, India\'s largest, to open on May 4

Deccan Chronicle  

Mumbai: State-run insurance behemoth Life Insurance Corporation of India’s initial public offer at Rs 21,000 crores will be India’s largest IPO so far, even after the Central government brought down the stake sale on offer to 3.5 per cent from the earlier 5 per cent. Around 6.48 crore policyholders of the state-run insurance behemoth have updated their PAN to participate …

LIC IPO Valuation Reduced; Still Biggest-Ever IPO In India; What Investors Need To Know
2 years, 8 months ago

LIC IPO Valuation Reduced; Still Biggest-Ever IPO In India; What Investors Need To Know

News 18  

The valuation of Life Insurance Corporation is “fair and attractive” and the government expects significant participation of retail investors in the LIC IPO, DIPAM Secretary Tuhin Kanta Pandey said on Wednesday. “While LIC valuations appear to be cheap as compared to listed private players, investors need to keep in mind that LIC has a lower VBN margin of 9.9 per …

LIC IPO Launch Highlights: 'Mother of All IPOs' is Here; Issue Opens on May 4
2 years, 8 months ago

LIC IPO Launch Highlights: 'Mother of All IPOs' is Here; Issue Opens on May 4

News 18  

LIC IPO Live Updates: The Life Insurance Corporation’s public issue offer, India’s biggest is finally here. With the revised price band, the government now expects to raise up to Rs 21,000 crore from selling a 3.5 per cent stake in LIC in place of the earlier 5 per cent, a third of the original expectations. The Securities and Exchange Board …

LIC IPO driving new investors to open demat accounts
2 years, 8 months ago

LIC IPO driving new investors to open demat accounts

Live Mint  

Although the LIC IPO is one of the government's strategic plans for FY23, however, the public offer has grabbed the attention of many investors especially policyholders and retail individuals. A price band of ₹902 to ₹949 per equity share has been fixed on LIC IPO for normal investors. However, LIC offers ₹60 per equity share discount to LIC policyholders, and …

LIC IPO date, price announced. 5 things that policyholders should know
2 years, 8 months ago

LIC IPO date, price announced. 5 things that policyholders should know

Live Mint  

LIC IPO: After a long wait, the Initial Public Offer of insurance behemoth Life Insurance Corporation of India is finally going to hit primary market next month. For LIC policyholders, the GoI has announced ₹60 per equity share discount whereas LIC employees have been given RS 45 per equity share discount in this long awaited IPO. However, LIC policyholders are …

LIC IPO to Open on May 4: Price, Quota, Discount for Policyholders to be Announced Today
2 years, 8 months ago

LIC IPO to Open on May 4: Price, Quota, Discount for Policyholders to be Announced Today

News 18  

Life Insurance Corporation of India is all set to announce the offer price and discounts for its policyholder and retail investors of its initial public offering on Wednesday. The much-awaited LIC IPO is expected to be priced in the range of Rs 902-949 per share, according to the sources. LIC IPO Price The price band for mega LIC IPO has …

LIC IPO date, price, size details, discounts: All you need to know
2 years, 9 months ago

LIC IPO date, price, size details, discounts: All you need to know

India Today  

The wait for Life Insurance Corporation of India's initial public offering is likely to be over this month. LIC IPO DATE The country's largest insurer is likely to file an updated draft red herring prospectus for the LIC IPO after consultations between the Department of Investment and Public Asset Management and investment bankers and a key meeting of the LIC …

LIC IPO Date: Govt Likely to Launch IPO by Early-May, May Offer to Sell Over 5%
2 years, 9 months ago

LIC IPO Date: Govt Likely to Launch IPO by Early-May, May Offer to Sell Over 5%

News 18  

The government is likely to launch Life Insurance Corporation’s initial public offering by early-May. According to the sources, the government has time till May 12 to launch the LIC IPO without filing fresh papers with Sebi. With a five per cent stake dilution, the LIC IPO will be the biggest ever in the Indian stock market’s history and once listed, …

LIC IPO: Top points you must know about updated draft papers
2 years, 9 months ago

LIC IPO: Top points you must know about updated draft papers

India Today  

The government has filed an updated draft red herring prospectus with market regulator the Securities and Exchange Board of India for LIC's initial public offering. The government is expecting to garner over Rs 60,000 crore by selling about 31.6 crore or 5 per cent stake in the life insurance firm to meet the curtailed disinvestment target of Rs 78,000 crore …

LIC IPO Listing, Price Band, Policyholder Discount; Key Details Investors Should Know
2 years, 9 months ago

LIC IPO Listing, Price Band, Policyholder Discount; Key Details Investors Should Know

News 18  

LIC IPO: The much-awaited initial public offering of the Life Insurance Corporation of India is set to be the biggest ever in India, the Reserve Bank of India said in its March Bulletin. “The LIC IPO is set to be the biggest IPO ever in India, and hence, correct timing of the IPO is crucial,” the writers said in their …

LIC IPO launch date to discounts for employees, policyholders | Top points
2 years, 10 months ago

LIC IPO launch date to discounts for employees, policyholders | Top points

India Today  

LIC's IPO is likely to be delayed till mid-April, according to a Reuters report. LIC IPO DATE "Most likely, LIC would now be listed by mid-April," Reuters reported quoting a senior government official. Another senior government official said the government would also wait to see the impact of expected monetary tightening by the U.S. Federal Reserve which could adversely affect …

LIC IPO Price Band, Policyholders Discount Details Soon: Govt to File Final Papers With Sebi
2 years, 10 months ago

LIC IPO Price Band, Policyholders Discount Details Soon: Govt to File Final Papers With Sebi

News 18  

LIC IPO Final Papers: The Centre is will soon be filing the final papers for India’s mega LIC IPO soon. The government is planning to soon file the final papers for LIC IPO with market regulator Sebi, which will provide details about the price band, discount for policyholders and retail buyers, and the actual number of shares to be put …

LIC IPO Gets Sebi's Nod; to Have Special Quota for Policyholders
2 years, 10 months ago

LIC IPO Gets Sebi's Nod; to Have Special Quota for Policyholders

News 18  

LIC IPO gets SEBI approval: Life Insurance Corporation of India on Tuesday has received capital markets regulator Sebi’s approval to raise funds through an initial share sale, sources told CNBC-TV18. The government will take a call on the IPO of the country’s largest insurer LIC in the “best interest of the investors”, Department of Investment and Public Asset Management Secretary …

LIC IPO draft papers cleared by Sebi
2 years, 10 months ago

LIC IPO draft papers cleared by Sebi

India TV News  

Markets regulator Sebi has given approval to mega IPO proposal of Life Insurance Corporation to help the government mobilise about Rs 63,000 crore to meet the disinvestment target for the current fiscal year, sources said. Going by the DRHP, the initial public offering would see sale of 31.6 crore shares or 5 per cent stake of the government. Although the …

LIC IPO launch date: Top developments policyholders should know
2 years, 10 months ago

LIC IPO launch date: Top developments policyholders should know

India Today  

When will LIC's IPO be launched? BEST INTEREST OF INVESTORS The government will take a call on the IPO of the country's largest insurer LIC in the "best interest of the investors", Department of Investment and Public Asset Management Secretary Tuhin Kanta Pandey said. We are closely watching the market and certainly whatever the government will do, we will do …

Explained | What must LIC IPO investors keep an eye on?
2 years, 10 months ago

Explained | What must LIC IPO investors keep an eye on?

The Hindu  

The story so far: The Life Insurance Corporation of India filed its draft red herring prospectus with capital markets regulator SEBI last Sunday. The main types of risks that could impact LIC and as a result shareholder returns relate to regulatory requirements, competition, the pandemic effect, the Government still retaining majority control, as well as specifics such as the segregation …

Stage set for historic LIC IPO! Govt files DRHP to sell 5% for ₹63,000 crore
2 years, 11 months ago

Stage set for historic LIC IPO! Govt files DRHP to sell 5% for ₹63,000 crore

Live Mint  

Setting the stage for the country's biggest-ever public offering, Life Insurance Corporation on Sunday filed draft papers with capital market regulator Sebi for the sale of a 5 per cent stake by the government for an estimated ₹63,000 crore. The initial public offering of over 31.6 crore shares or 5 per cent government stake is likely to hit the D-street …

LIC IPO Date, Price, Size, Objective, Investors' Quota, Policyholders' Discount, Key Points
2 years, 11 months ago

LIC IPO Date, Price, Size, Objective, Investors' Quota, Policyholders' Discount, Key Points

News 18  

The central government has filed the draft prospectus of upcoming initial public offering of Life Insurance Corporation with market regulator Sebi. Let’s take a look at details of LIC IPO before investing LIC IPO Size: The central government owns 100 per cent stake in Life Insurance Corporation of India. LIC IPO Allocation for Anchor Investors The largest insurer of India …

LIC IPO: India's Biggest-Ever IPO is Finally Here, Govt to Offload 5% Stake; Know Details
2 years, 11 months ago

LIC IPO: India's Biggest-Ever IPO is Finally Here, Govt to Offload 5% Stake; Know Details

News 18  

Life Insurance Corporation of India filed the draft red herring prospectus with the market regulator for its much-awaited initial public offering. LIC IPO Size: The central government owned 100 per cent stake in Life Insurance Corporation. The proceeds of LIC IPO will go to the central government and the insurance company will not receive any funds as the issue will …

LIC IPO proposal filed with market regulator Sebi
2 years, 11 months ago

LIC IPO proposal filed with market regulator Sebi

India Today  

The government-owned Life Insurance Corporation of India filed its draft red herring prospectus for its mega initial public offering with the Securities and Exchange Board of India today, February 13. "The DRHP of LIC IPO has been filed today with the SEBI," Department of Investment and Public Asset Management secretary Tuhin Kanta Pandey wrote in a tweet. DETAILS OF LIC …

LIC IPO: What Investors Must Know Before Applying for India's Biggest IPO
2 years, 11 months ago

LIC IPO: What Investors Must Know Before Applying for India's Biggest IPO

News 18  

Established in 1888, LIC has more than 29 crore policy holders. LIC IPO: The central government is all set to file the draft red herring prospectus of Life Insurance Corporation of India ’s mega initial public offering over the weekend, according to sources. LIC IPO: Record Number of Demat Accounts Expected Arijit Malakar, Head of Retail Equity Research, Ashika Group, …

LIC IPO Date, Price, Size, Valuation, LIC Policyholders' Discount, All Latest Updates
2 years, 11 months ago

LIC IPO Date, Price, Size, Valuation, LIC Policyholders' Discount, All Latest Updates

News 18  

LIC IPO Date: The much-awaited initial public offering of Life Insurance Corporation of India received in-principle approval from the board. LIC IPO: What Investors Should Know LIC policyholders likely to get a chance to have a share at India’s biggest IPO at a discounted rates. The government is planning to offer a discount of 5 per cent to its policyholders …

LIC IPO LIVE Updates: India's Biggest IPO Draft Paper Filing Likely in the Weekend, Board to Approve Today
2 years, 11 months ago

LIC IPO LIVE Updates: India's Biggest IPO Draft Paper Filing Likely in the Weekend, Board to Approve Today

News 18  

LIC IPO: Centre is all set to file the draft red herring prospectus of Life Insurance Corporation of India’s mega initial public offering over the weekend, according to sources. The government might sell 316 million shares of the 6.32 billion shares it holds in the Life Insurance Corporation of India. The valuation of LIC IPO will be likely to around …

LIC IPO: LIC-Aadhaar Linking, Having Demat Account Must to Buy Shares; How to Do Them
2 years, 11 months ago

LIC IPO: LIC-Aadhaar Linking, Having Demat Account Must to Buy Shares; How to Do Them

News 18  

LIC IPO: The draft papers of the LIC IPO is set to be filed over the weekend, reports have suggested. Further subscribing to any public offering in India is only possible if you have a valid DEMAT account,” LIC had said in an Here is How LIC Policyholders Can Link PAN-LIC 1. Enter the OTP into the portal and then …

LIC IPO: You Need a Demat Account to Subscribe to LIC IPO; How to Open it
2 years, 11 months ago

LIC IPO: You Need a Demat Account to Subscribe to LIC IPO; How to Open it

News 18  

As the government of India moves forward to achieve one of its biggest divestment targets by floating the LIC IPO, common people in the country are also gearing up to invest in the offer. The LIC is also reportedly trying to woo in bidders by creating separate provisions for its policyholders, many of who are new to the stock market, …

LIC IPO Coming Soon: All you Need to Know about India's Favourite Insurance Company Before Investing
2 years, 11 months ago

LIC IPO Coming Soon: All you Need to Know about India's Favourite Insurance Company Before Investing

News 18  

LIC IPO: The central government gears up to launch the mega initial public offering of Life Insurance Corporation, which is to be launched soon. Here are key things to know for policyholders who may want to subscribe to Life Insurance Corporation’s upcoming IPO LIC IPO: Key Products Life insurers provide cover against mortality and morbidity risks, apart from savings products. …

LIC IPO: Here's How LIC Policyholders can Participate in the Upcoming IPO
2 years, 11 months ago

LIC IPO: Here's How LIC Policyholders can Participate in the Upcoming IPO

News 18  

LIC IPO: India’s largest insurer – Life Insurance Corporation of India – is expected to file its IPO prospectus soon. The government’s decision to create a 10 per cent policyholders’ quota in the LIC IPO – a first-of-its-kind – and the possibility of a discount on IPO price, has pushed several policyholders to open their Demat accounts. LIC Policyholders Need …

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