LIC shares reach a new low, investors lose Rs 1.64 lakh crore
Since its IPO, LIC's market capitalization has dropped by Rs 1.2 lakh crore.
Jun 13, 2022, 14:48 PM IST
LIC's falls on exchange debut: Here's what analysts have to say
Shares of much-anticipated Life Insurance Corporation of India (LIC) made a weak listing on the stock exchanges on Tuesday.
May 17, 2022, 18:22 PM IST
India's largest IPO, for insurer LIC, oversubscribed 2.95 times
The price range for the issue has been set between 902 and 949 rupees per share and LIC is likely to be listed on May 17.
May 09, 2022, 22:34 PM IST
LIC IPO, India’s biggest IPO opens on May 4: Key things to know
The price band for the LIC IPO has been set at Rs 902 to Rs 949 per equity share by the government.
May 03, 2022, 16:10 PM IST
LIC IPO sees 'excellent' response from anchor investors
The LIC share sale would be the biggest ever amount raised through an initial public offering in the Indian stock market.
May 02, 2022, 20:56 PM IST
LIC IPO to list on Indian stock exchange on May 17; Check important dates
The issuance will open on May 2 for anchor investors. A 10% quota has been allocated to policyholders in the offering.
Apr 29, 2022, 20:02 PM IST
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
Profits of insurers, manufacturing firms cannot be compared, says LIC chief
LIC's share capital was raised from Rs 100 crore to Rs 6,325 crore during September last year to help facilitate the IPO.
Feb 21, 2022, 21:25 PM IST
LIC IPO DRHP filed with SEBI today: Here’s all you need to know
The government plans to sell 316,249,885 equity shares with a face value of Rs 10 each in a public offering that will take place before the end of the current fiscal year in March.
Feb 13, 2022, 19:46 PM IST
LIC sells over 2% in Bank of Baroda in open market sale
Calculated on a previous close of Rs 138.30 a share on September 1, the valuation of the stake sale by LIC in Bank of Baroda comes out to be Rs 649.74 crore.
Sep 04, 2017, 19:13 PM IST
LIC Housing Finance Q1 profit rises 6% to Rs 407 crore
LIC Housing Finance has reported a 6.3 percent increase in standalone net profit at Rs 407.84 crore for first quarter ended June.
Jul 15, 2016, 15:29 PM IST
LIC acquires NMDC shares worth over Rs 1,116 cr
State-owned iron ore miner NMDC on Wednesday said Life Insurance Corporation of India (LIC) has acquired almost 8 crore of its shares shares worth over Rs 1,116 crore in a market purchase.
May 06, 2015, 13:56 PM IST
LIC sells about 2% stake in Tata Communications
State-owned Life Insurance Corporation (LIC) brought down its stake in Tata Communications by about 2.03 percent in the company through open market transaction.
Apr 13, 2015, 20:16 PM IST
UCO Bank to raise about Rs 400 cr by selling shares to LIC
LIC currently holds 8.69 percent stake in UCO Bank. Following the fresh investment, stake of LIC would further go up by more than 5 percent.
Feb 05, 2015, 18:23 PM IST
LIC reduces stake in Colgate-Palmolive to 2.98%
State-owned Life Insurance Corporation (LIC) has cut 2.03 percent stake in FMCG firm Colgate-Palmolive to bring down its shareholding in the company at 2.98 percent after selling 27.60 lakh shares in the open market.
Jan 29, 2015, 20:18 PM IST
