Business Standard

Page 4 - Top Stories on IPOs

Prudent Corporate Advisory Services prices IPO at Rs 595-630 per share

The Ahmedabad-based firm's IPO will open from May 10 to May 12

Prudent Corporate Advisory Services prices IPO at Rs 595-630 per share
Updated On : 06 May 2022 | 12:07 AM IST

LIC IPO fully subscribed on day 2 of opening; offer closes on May 9

Sees participation from 3.6 mn individual investors; policyholders lead

LIC IPO fully subscribed on day 2 of opening; offer closes on May 9
Updated On : 05 May 2022 | 11:43 PM IST

LIC's record IPO set to be fully subscribed as valuation drives demand

By Thursday, the second day of the offering, investors had already put in orders for 90% of the shares for sale in India's biggest IPO.

LIC's record IPO set to be fully subscribed as valuation drives demand
Updated On : 05 May 2022 | 3:46 PM IST

LIC listing to result in increased transparency of its operations: Moody's

"We see the arrival of external shareholders with experience of the insurance industry as a further key benefit of the IPO," Moody's said.

LIC listing to result in increased transparency of its operations: Moody's
Updated On : 05 May 2022 | 1:56 PM IST

Prudent Corporate Advisory Services fixes IPO price at Rs 595-630 per share

The three-day initial share-sale will open for public subscription on May 10 and the bidding for anchor investors will open on May 9, according to the company

Prudent Corporate Advisory Services fixes IPO price at Rs 595-630 per share
Updated On : 05 May 2022 | 10:07 AM IST

Positive start: LIC's mega share sale subscribed 67% on first day

Interestingly, LIC's IPO will remain open for subscription even on the weekend, given the large amount the government is looking to raise from the market

Positive start: LIC's mega share sale subscribed 67% on first day
Updated On : 05 May 2022 | 1:29 AM IST

LIC IPO sees 27% subscription in two hours, muted non-institutional demand

The non-institutional category, consisting of corporates, individuals, and others has seen muted demand, with only 5 per cent subscription so far

LIC IPO sees 27% subscription in two hours, muted non-institutional demand
Updated On : 04 May 2022 | 12:26 PM IST

LIC IPO subscription to stay open on Saturday for retail investors

Retail investors will be alloted 35% of the total shares in the offer, and given a discount of 45 rupees from the IPO price

LIC IPO subscription to stay open on Saturday for retail investors
Updated On : 04 May 2022 | 11:22 AM IST

What makes LIC IPO a long-term investment bet?

The much-awaited IPO of Life Insurance Corporation is set to open for subscription today, after it recorded bumper participation from anchor investors. Find out if you should subscribe to it.

What makes LIC IPO a long-term investment bet?
Updated On : 04 May 2022 | 9:15 AM IST

LIC mega IPO opens for retail, institutional investors; to close on May 9

LIC public offer, the country's biggest-ever IPO, on Wednesday opened for subscription for retail and institutional investors.

LIC mega IPO opens for retail, institutional investors; to close on May 9
Updated On : 04 May 2022 | 9:02 AM IST

Value of LIC ownership in listed companies sees an uptick, shows data

But its share by volume declines in the March quarter

Value of LIC ownership in listed companies sees an uptick, shows data
Updated On : 04 May 2022 | 6:10 AM IST

71% of LIC anchor allotment of 59.3 mn shares made to domestic MFs

Insurer raises Rs 5,627 cr in anchor book but overseas investors disappoint

71% of LIC anchor allotment of 59.3 mn shares made to domestic MFs
Updated On : 03 May 2022 | 11:36 PM IST

LIC IPO: Insurers reaches out to its policyholders on eve of public offer

Ahead of its initial public offering, insurance behemoth LIC on Tuesday approached its policyholders through SMS and other medium to inform them about the share sale.

LIC IPO: Insurers reaches out to its policyholders on eve of public offer
Updated On : 03 May 2022 | 10:57 PM IST

Demographic blows to fuel life insurance industry, subscribe LIC IPO: Samco

The insurance behemoth aims to protect its market share through increased focus on bancassurance and enhancing direct sales of its products on its website

Demographic blows to fuel life insurance industry, subscribe LIC IPO: Samco
Updated On : 03 May 2022 | 2:35 PM IST

LIC IPO: Over 70% of anchor allotment made to domestic mutual funds

LIC raises a total of Rs 5,627 crore in anchor book; overseas funds pour in just Rs 1,624 crore

LIC IPO: Over 70% of anchor allotment made to domestic mutual funds
Updated On : 03 May 2022 | 6:50 AM IST

Valuation, market share: Why investors should opt for LIC's scaled-down IPO

The insurer has growth potential, underestimated embedded value and the government sell its stake in the company again

Valuation, market share: Why investors should opt for LIC's scaled-down IPO
Updated On : 03 May 2022 | 12:58 AM IST

LIC IPO off to a good start as anchor investors oversubscribe: Report

The Indian government has said it expects to raise up to $2.74 billion, just a third of its original target, from selling a 3.5% stake in LIC in the country's biggest initial public offering (IPO)

LIC IPO off to a good start as anchor investors oversubscribe: Report
Updated On : 02 May 2022 | 5:13 PM IST

After LIC, Delhivery likely to launch downsized public offering in May

Delhivery's IPO will be second biggest this year after LIC

After LIC, Delhivery likely to launch downsized public offering in May
Updated On : 02 May 2022 | 6:05 AM IST

LIC IPO gets bids from large investors for twice the anchor book

The LIC IPO aims to price shares between 902 rupees and 949 rupees each

LIC IPO gets bids from large investors for twice the anchor book
Updated On : 01 May 2022 | 5:47 PM IST

LIC IPO: Irdai raises investment limit for insurers in BFSI sector to 30%

This could free up more funds to invest in the largest IPO, say industry insiders

LIC IPO: Irdai raises investment limit for insurers in BFSI sector to 30%
Updated On : 30 Apr 2022 | 1:25 PM IST