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 article on the State of the Economy in the March edition of the bulletin, published by the RBI’s Department of Economic and Policy Research on March 17. The RBI said, “The LIC IPO is set to be the biggest IPO ever in India, and hence, correct timing of the IPO is crucial.” Not just for retail investors, but the deepening of capital markets is also vital for divestment plans of the government, the RBI stated adding that it is important to inculcate investors’ trust in key market infrastructure institutions. Discounts for Policyholders and Retail Buyers, Price Band Details According to a PTI report last week, the government is planning to file final papers for the LIC’s Initial Public Offering with market regulator the Securities and Exchange Board of India.

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History of this topic

LIC share price drops 3.5% as November premiums decline 27% YoY
2 weeks ago

LIC share price drops 3.5% as November premiums decline 27% YoY

Live Mint  

LIC share price: The share price of Life Insurance Corporation dropped by 3.5% during Tuesday's trading session as the life insurer encountered a tough month, with its premiums for November declining by 27% compared to the previous year. Nuvama Institutional Equities highlighted the impressive performance of private life insurers, which have shown a robust year-over-year growth of 15.4% in individual …

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 …

Explained: Why LIC share price gained nearly 4% in early trade
3 weeks, 5 days ago

Explained: Why LIC share price gained nearly 4% in early trade

India Today  

Shares of Life Insurance Corporation of India rose nearly 4% in early trade after a media report indicated that the state-owned insurer has moved closer to acquiring half of ManipalCigna Health Insurance. This potential deal would mark LIC’s entry into the growing health insurance market, diversifying its business from its core life insurance offerings. If finalised, the deal is expected …

IPO Scorecard: Over 300 stocks debut on Dalal Street in 2024, nearly 70% trade above issue prices
Trending News
4 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 …

LIC shareholding: Life Insurance Corporation raises stake in LTIMindtree. Details here
1 month ago

LIC shareholding: Life Insurance Corporation raises stake in LTIMindtree. Details here

Live Mint  

LIC shareholding: Insurance behemoth and India’s largest domestic institutional investor Life Insurance Corporation of India raised stake in IT company LTIMindtree via open market purchases. In an exchange filing on Thursday, LIC said it has increased its shareholding in equity shares of LTIMindtree from 1,49,06,665 to 2,08,34,009 i.e., 5.033% to 7.034% of the paid-up capital of the company. In the …

ICICI Pru, LIC to HDFC Life: Why are insurance stocks rising? — explained
4 months, 3 weeks ago

ICICI Pru, LIC to HDFC Life: Why are insurance stocks rising? — explained

Live Mint  

Stock market news: Insurance stocks have been on an uptrend in the last week. Shares of HDFC Life Insurance Company Limited have risen around 6 percent in the last week, while LIC share price has registered around 4 percent upside in this time horizon. According to stock market experts, LIC has delivered a promising Q1FY25 business update, whereas ICICI Prudential, …

Hyundai Motor files for IPO of almost $3 billion, likely India's biggest
6 months, 1 week ago

Hyundai Motor files for IPO of almost $3 billion, likely India's biggest

Hindustan Times  

South Korean automaker Hyundai Motor's Indian arm filed preliminary papers with Sebi for its initial public offering in which the company will sell 142.2 million shares, as per a draft red herring prospectus. Through the IPO, the automaker is seeking to raise around $3 billion in the IPO, with a potential listing planned by the end of the year, Bloomberg …

Hyundai Motor India To File DRHP With SEBI For Potential $2.5-Billion IPO
6 months, 1 week ago

Hyundai Motor India To File DRHP With SEBI For Potential $2.5-Billion IPO

ABP News  

Hyundai Motor India IPO: Hyundai Motor India's unit is preparing to file a draft red herring prospectus with the Securities and Exchange Board of India within the next two weeks, according to a report by the Economic Times. If successful, Hyundai Motor India's IPO could be among the largest in Indian history, potentially raising nearly $2.5 billion, as estimated by …

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 gets 3 more years till May 16, 2027 to meet Sebi's 10 per cent public shareholding norm
7 months, 1 week ago

LIC gets 3 more years till May 16, 2027 to meet Sebi's 10 per cent public shareholding norm

New Indian Express  

NEW DELHI: Life Insurance Corporation on Wednesday said markets regulator Sebi has granted an additional 3 years time till May 16, 2027 to comply with the 10 per cent public shareholding norm. "Securities and Exchange Board of India vide its letter dated May 14, 2024 has conveyed its decision, to grant additional time of 3 years to Life Insurance Corporation …

Popular Vehicles and Services IPO debut: Listing at 2% discount to issue price. Check all details here
9 months ago

Popular Vehicles and Services IPO debut: Listing at 2% discount to issue price. Check all details here

Hindustan Times  

Popular Vehicles and Services share price: Shares of Popular Vehicles and Services debuted on the exchanges with a discount of 2% today. Popular Vehicles and Services IPO debut: Listing at 2% discount to issue price As per BSE data, the subscription status for the Popular Vehicles IPO was 1.23 times on the last day of bidding as portion for retail …

LIC shares surge over 6 per cent after Q3 net profit rises 49 per cent to Rs 9,444 crore
10 months, 2 weeks ago

LIC shares surge over 6 per cent after Q3 net profit rises 49 per cent to Rs 9,444 crore

India TV News  

Shares of Life Insurance Corporation of India rose by over 6.30 per cent to a 52-week high after the company reported a 49 per cent surge in net profit for the quarter ending December. Financial performance The public sector life insurance company reported a net profit of Rs 6,334 crore in the corresponding period of the previous year, as per …

LIC gets RBI nod to acquire 9.99% stake in HDFC Bank
10 months, 4 weeks ago

LIC gets RBI nod to acquire 9.99% stake in HDFC Bank

Hindustan Times  

HDFC Bank announced on Thursday that the Reserve Bank of India has allowed the Life Insurance Corporation of India to acquire a 9.99 percent stake in the company. LIC got the approval to acquire 9.99 percent stake in HDFC Bank “LIC has been advised by RBI to acquire the aforesaid major shareholding in the Bank within a period of one …

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 …

SEBI sets conditions for National Stock Exchange IPO. These are…
1 year ago

SEBI sets conditions for National Stock Exchange IPO. These are…

Hindustan Times  

The Securities and Exchange Board of India has laid down some important conditions for the National Stock Exchange's proposed initial public offering, media reports said on Monday. According to Zee Business, the NSE had filed its draft papers for the IPO with SEBI in December 2016, with a plan to raise ₹10,000 crore from the public issue, which was planned …

LIC reduces stake in HDFC Asset Management Company to 7% from 9.04%
1 year ago

LIC reduces stake in HDFC Asset Management Company to 7% from 9.04%

Live Mint  

Life Insurance Corporation of India has decreased its shareholding in leading asset management firm HDFC Asset Management Company by buying additional shares via open market transactions. On Friday, LIC informed in a regulatory filing to the stock exchanges that it has decreased its shareholding in HDFC Asset Management Company from 1,93,11,744 to 1,48,44,466 equity shares. ‘’Pursuant to Regulation 30 of …

LIC shares jump 9.7%, logs biggest intraday gain since listing; here’s why
1 year, 1 month ago

LIC shares jump 9.7%, logs biggest intraday gain since listing; here’s why

Live Mint  

Shares of Life Insurance Corporation, India's largest life insurer, experienced a robust intraday surge of 9.7% during Friday's trade, hitting a 10-week high of ₹677.65 apiece and also marking the largest intraday gain since listing in May 2022. This notable upswing followed LIC's target of achieving double-digit growth in new business premiums for FY24. 2-3 more policies will be launched …

Learnings from LIC must guide PSU stake selloffs
1 year, 1 month ago

Learnings from LIC must guide PSU stake selloffs

Live Mint  

Investors who had subscribed to the Life Insurance Corporation of India initial share sale in May last year would be a disappointed lot today. Since retail investors tend to repose faith in government enterprises, and LIC especially was a fancied business for its dominance of India’s insurance sector, a high valuation may have got overlooked in the buzz over its …

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 …

LIC shares climb nearly 4% after Q4 earnings
1 year, 6 months ago

LIC shares climb nearly 4% after Q4 earnings

The Hindu  

Shares of LIC on May 25 climbed nearly 4% after the company posted more than five-fold jump in consolidated net profit at ₹13,191 crore for the fourth quarter ended March 2023. However, total income during the March quarter declined to ₹2,01,022 crore from ₹2,15,487 crore in the same period a year ago, LIC said in a regulatory filing on May …

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 …

GIC share price up 9%, LIC shares up 3%; why are insurance stocks rising?
1 year, 7 months ago

GIC share price up 9%, LIC shares up 3%; why are insurance stocks rising?

Live Mint  

Many insurance sector stocks traded with healthy gains in morning trade on BSE on May 4, with shares of General Insurance Corporation of India surging nearly 9 per cent and those of Life Insurance Corporation of India rising nearly 3 per cent. Shares of The New India Assurance Company jumped nearly 7 per cent while shares of ICICI Prudential Life …

Fundraising Via IPO Nearly Halves To Rs 59,412 Crore In 2022; 35% By LIC Alone: Prime Database
1 year, 11 months ago

Fundraising Via IPO Nearly Halves To Rs 59,412 Crore In 2022; 35% By LIC Alone: Prime Database

News 18  

A total of 40 Indian companies raised Rs 59,412 crore through main board IPOs in the calendar year 2022, which is half of the Rs 1,18,723 crore mobilised by 63 IPOs in 2021, according to data from primary market tracking firm Prime Database. Out of the total fundraising via IPO in 2022, about Rs 20,557 crore or a huge 35 …

IPO fundraising in India halves in 2022; 40 firms raised Rs 59,412 cr
1 year, 11 months ago

IPO fundraising in India halves in 2022; 40 firms raised Rs 59,412 cr

Business Standard  

Forty Indian corporates raised Rs 59,412 crore through main board IPOs in calendar year 2022, half of the Rs 1,18,723 crore mobilised by 63 IPOs in 2021, according to PRIME Database, India's premier database on the primary capital market. According to Pranav Haldea, Managing Director, PRIME Database Group, Rs 20,557 crore or a huge 35 per cent of the amount …

Elin Electronics IPO: What these three brokerages have to say
2 years ago

Elin Electronics IPO: What these three brokerages have to say

Live Mint  

Elin Electronics Ltd, an electronics manufacturing services provider, which filed the draft red herring prospectus with the Securities and Exchange Board of India for its initial public offering in November 2021, opens for subscription from tomorrow and closes on December 22. The public issue with a face value of 5 rupees per equity share comprises a fresh issue worth 175 …

IPO pipeline in India seen active in 2023 on smaller deals
2 years 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 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 …

IDBI Bank privatisation: Govt, LIC to sell 60.72% stake, invite bids
2 years, 2 months ago

IDBI Bank privatisation: Govt, LIC to sell 60.72% stake, invite bids

India TV News  

The government on Friday invited bids for privatising IDBI Bank and said that it together with LIC will sell a total of 60.72 per cent stake in the financial institution. The government and LIC hold 94.72 per cent stake together in IDBI Bank. Life Insurance Corporation holds 529.41 crore shares representing 49.24 per cent stake in IDBI Bank, while the …

‘No business to suggest…’: SEBI chief on IPO pricing of new-age tech firms
2 years, 3 months ago

‘No business to suggest…’: SEBI chief on IPO pricing of new-age tech firms

Hindustan Times  

Securities Exchange Board of India chairperson Madhabi Puri Buch on Tuesday said the capital markets regulator has no business to suggest pricing of the initial share sale of new-age technology companies. Sebi chairperson Madhabi Puri Buch said a company is free to ask for a higher price, but needs to disclose what happened in the intervening period which justifies the …

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 Shares Rise for Third Day in a Row; What Should Investors Expect Next?
2 years, 6 months ago

LIC Shares Rise for Third Day in a Row; What Should Investors Expect Next?

News 18  

LIC Share Price Today: Life Insurance Corporation shares opened upside for the third day in a row and surged on to hit an intraday high of Rs 678.80 apiece levels, logging around 2 per cent rise on Wednesday morning from its yesterday’s close of Rs 665.20 per share. “Thesis centers on LIC’s 0.75 times price to embedded value – a …

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 Share Drops to New Low Today, M-Cap Slips Near Rs 4.5 Lakh Cr; Buy, Sell or Hold?
2 years, 6 months ago

LIC Share Drops to New Low Today, M-Cap Slips Near Rs 4.5 Lakh Cr; Buy, Sell or Hold?

News 18  

LIC Share Price on Friday: Life Insurance Corporation shares hit a fresh low on Friday as the regulatory lock-in period on shares allotted ended. LIC’s market cap has fallen to Rs 4.52 lakh crore compared with Rs 6 lakh crore at the upper end of price band of Rs 949 apiece at the time of listing. As many as 99 …

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 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 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 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 …

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, …

LIC Policyholders: Buy, Sell or Hold, What Should you Do After LIC IPO Lists on Tuesday?
2 years, 7 months ago

LIC Policyholders: Buy, Sell or Hold, What Should you Do After LIC IPO Lists on Tuesday?

News 18  

The Life Insurance Corporation of India is all set to start its stock market journey on Tuesday, May 17. However, LIC IPO is listing at a time when stock market is extremely volatile and the central bank is rising interest rates to tame surging inflation. So if you have received the share of LIC, here is a listing day strategy …

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 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 …

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