LIC IPO price, date, lot size and more: All you need to know
According to the red herring prospectus, the IPO will include an offer for sale of 22.13 crore equity shares at a price of Rs 902-949 each.
Apr 29, 2022, 18:45 PM IST
LIC IPO: Price band, subscription dates, discount for employees, policyholders -- 6 important points
The much-awaited LIC IPO will open on May 4. Investors planning to bid should know the LIC IPO price band, subscription dates, and other important details.
Apr 27, 2022, 18:54 PM IST
LIC IPO will be biggest despite reduced offer size, says DIPAM Secretary
The government has brought down the issue size from 5 per cent to 3.5 per cent.
Apr 27, 2022, 17:52 PM IST
LIC IPO opens on May 4, stock exchanges listing on May 17
The government is selling over 22.13 crore shares in LIC at a price band of Rs 902-949 a piece in the initial public offering, which opens on May 4 and closes on May 9.
Apr 27, 2022, 13:56 PM IST
LIC fixes price band at Rs 902-949 a share for Rs 21,000 crore IPO: Report
The issue is likely to open for subscription on May 4 and is expected to close on May 9.
Apr 26, 2022, 20:54 PM IST
LIC IPO to open on May 4 and end on May 9; govt to sell 3.5% stake
The LIC board approved the issue size at 3.5 percent, or roughly 22.14 crore shares, on Saturday.
Apr 25, 2022, 22:41 PM IST
Govt to sell 3.5% stake in LIC, IPO to fetch Rs 21,000 crore
LIC is likely to file the red herring prospectus with market regulator Sebi by Wednesday.
Apr 23, 2022, 21:13 PM IST
IPO bound LIC sold 41 policies per minute in FY22
The life insurer had earned a premium of Rs 143,938.59 crore under various group insurance policies up from Rs 127,768.06 crore earned during FY21.
Apr 20, 2022, 10:41 AM IST
LIC IPO: Centre amends FEMA rules to allow 20% FDI in insurer
The Centre is planning to dilute its stake in LIC through the the Initial Public Offering (IPO).
Apr 17, 2022, 12:11 PM IST
LIC IPO launch may happen in end of April: All you need to know
The Life Insurance Corporation earned a net profit of Rs 235 crore in the October-December quarter, according to latest financials. From April to December 2021, the net profit grew to Rs 1,671.57 crore, up from Rs 7.08 crore the previous year.
Apr 12, 2022, 11:20 AM IST
LIC files updated draft papers with market Sebi for IPO, incorporates Q3 financials
In the run-up to the mega IPO, on February 13, the government had filed the draft red herring prospectus (DRHP) with the regulator giving details of financial results till September. The DRHP got Sebi approval early this month.
Mar 21, 2022, 14:05 PM IST
LIC IPO: Centre has time till May 12 to launch offer without seeking fresh Sebi approval
On February 13, the government filed the draft red herring prospectus (DRHP) for the IPO with Sebi, which granted its approval for the same last week.
Mar 13, 2022, 16:07 PM IST
LIC IPO: Centre to file final IPO papers with SEBI soon, says report
LIC IPO: The government is presently in the wait-and-watch mode because of the market volatility induced by the Russia-Ukraine war.
Mar 11, 2022, 15:58 PM IST
LIC IPO: Insurer gets market regulator SEBI's approval for initial offer
SEBI’s approval came 22 days after the government-run LIC filed a draft paper for the IPO.
Mar 09, 2022, 17:44 PM IST
LIC IPO likely to be delayed to next financial year: Report
The government had plans to raise about $8 billion by selling 5% of LIC`s stake this month before the fiscal year ends on March 31.
Mar 04, 2022, 14:43 PM IST
LIC appoints Sunil Agrawal as CFO ahead of the mega IPO
Prior to Agrawal's appointment, LIC Executive Director Shubhangi Sanjay Soman was holding charge as CFO of the insurance behemoth.
Mar 03, 2022, 22:35 PM IST
Government may review LIC IPO plan amid Russia-Ukraine war
Though the FM said the government ideally hoped to proceed with the listing as planned, however it might have to take a review of the situation since Russia has invaded Ukraine.
Mar 02, 2022, 08:45 AM IST
Hurry! Last date to link PAN-LIC today, without which LIC IPO not possible -- Here's how to do
Here is the direct link, using which you can link your PAN Card with LIC policy online.
Feb 28, 2022, 12:21 PM IST
Last date to link LIC Policy-PAN for discounted IPO shares is February 28: Here’s how to link documents
LIC IPO is likely to open on March 11, 2022.
Feb 27, 2022, 13:09 PM IST
LIC IPO: Cabinet allows up to 20% FDI in state-owned insurer - Report
The government has approved listing of shares of LIC on the stock market through an IPO.
Feb 26, 2022, 15:28 PM IST
