Showing results for "#LIC IPO"
LIC IPO will benefit retail investors, says Sitharaman
Finance Minister Nirmala Sitharaman on Friday said the IPO of the state insurer LIC will bring retail investors into the picture and also assured that...
Goldman Sachs, J P Morgan Chase among 10 merchant bankers to manage...
As many as 16 domestic and international firms had made presentations before the Department of Investment and Public Asset Management (DIPAM) on...
Centre likely to block Chinese investment in LIC IPO: Sources
The Centre wants to block Chinese investors from buying shares in Indian insurance giant Life Insurance Corp (LIC) which is due to go public, four...
LIC IPO: Price band fixed at Rs 902-949, Rs 60 discount for...
Policyholders will be offered a Rs 60 discount, while for retail investors, the discount will be Rs 45, the sources said.
LIC IPO will be biggest despite reduced offer size, says DIPAM...
The issue offer of the LIC will be in the price band of Rs 902 to Rs 949. Also, the policyholders will be offered a Rs 60 discount, while for retail...
Over 25 anchor investors evinced interest for LIC issue offer:...
LIC Managing Director Siddhartha Mohanty told reporters here that even after the IPO, the government's sovereign cover will continue under Section 37...
LIC IPO off to a good start as anchor investors oversubscribe: Report
Foreign institutional investors had some concerns about LIC’s IPO, but global pension funds had shown “good interest,” LIC’s chairman said last week.
LIC IPO subscription: Steps to follow
A retail investor can apply for a maximum of 14 shares. Policyholders can apply for a maximum investment of ₹ 4 lakh under the policyholder and retail...