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Articles for Dipam, search results for ipo

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 …

Retail Investors Investors Issue Pandey Decisions Ipo Malhotra
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 …

India Crore Public Value Cent Offer Size
LIC IPO Expected to Hit Market in Q4; Speculations on 'Delay' Incorrect: Govt
3 years ago

LIC IPO Expected to Hit Market in Q4; Speculations on 'Delay' Incorrect: Govt

News 18  

LIC IPO: The central government has recently refuted claims around the initial public offering of the Life Insurance Corporation of India. The Centre, a day back, dismissed media speculations claiming that the government is unlikely to come up with the IPO of Life Insurance Corporation in the current financial year ending March 2022. “Some media speculation doubting the feasibility of …

Media Report Fiscal Ipo Lic Dipam Lic Ipo
LIC listing in March quarter, says DIPAM secretary Pandey
3 years, 1 month ago

LIC listing in March quarter, says DIPAM secretary Pandey

Live Mint  

The Union government is planning the initial public offering of Life Insurance Corp. of India Ltd in the March quarter, a top government official said. “We are working very hard for the LIC IPO,” said Tuhin Kanta Pandey, secretary of the Department of Investment and Public Asset Management. DIPAM has appointed 10 merchant bankers, including Goldman Sachs Securities, Citigroup Global …

India Market Pandey Ipo Lic Fy22 Pse
BPCL, Air India stake sale by September; LIC IPO post October, says DIPAM Secretary
3 years, 11 months ago

BPCL, Air India stake sale by September; LIC IPO post October, says DIPAM Secretary

The Hindu  

The initial public offering of India's largest insurance company LIC is likely after October this year, a top official said on Tuesday laying out the government's divestment calendar that includes completing the sale of flag carrier Air India and oil firm BPCL within the first half of the next fiscal. Targeting to raise ₹1.75 lakh crore from the asset sale …

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RailTel initial public offering process gains momentum
5 years, 2 months ago

RailTel initial public offering process gains momentum

India TV News  

The government is looking to divest up to 25 per cent stake in RailTel Corporation through initial public offering, and is scouting for advertising agencies to manage the listing process. "The Department of Investment and Public Asset Management requires services of a reputed advertising agency with experience and expertise in public offerings in capital markets to act as an advertising …

Initial Public Offering Public Offering Ipo Dipam Railtel
Rail Vikas Nigam Ltd IPO to fetch about ₹480 crore to government
5 years, 9 months ago

Rail Vikas Nigam Ltd IPO to fetch about ₹480 crore to government

Live Mint  

The government is expected to raise about ₹480 crore by selling 12.12 per cent stake in Rail Vikas Nigam Ltd with both retail and institutional investors lapping up the shares reserved for them. This is the first Central Public Sector Enterprise disinvestment in the current fiscal, which started on 1 April. The first IPO of the year is expected raise …

Cent Ipo Rvnl Dipam Rail Vikas Nigam Ltd