Business Standard

Page 2 - Lic Ipo

Long runway for growth in the insurance sector, say analysts

Insurance stocks underperformed the frontline indices on Tuesday following a faded listing of state-run giant Life Insurance Corporation.

Long runway for growth in the insurance sector, say analysts
Updated On : 17 May 2022 | 3:37 PM IST

Snippet from LIC history: A minister, a son-in-law & a financial adventurer

The scandal involved the finance ministry and a canny industrialist, and details were eventually brought into the limelight by Jawaharlal Nehru's crusading son-in-law

Snippet from LIC history: A minister, a son-in-law & a financial adventurer
Updated On : 17 May 2022 | 10:32 AM IST

LIC lists at 8.6% discount, stock recovers partially post weak debut

LIC has now become the fifth most valuable listed Indian company with a market capitalisation of Rs 5.72 trillion on the BSE as of 10:08 am, the exchange data shows.

LIC lists at 8.6% discount, stock recovers partially post weak debut
Updated On : 17 May 2022 | 10:23 AM IST

LIC set for lacklustre market debut despite oversubscription: Analysts

Volatility in global markets and selling pressure in the domestic stock market are likely to cast a shadow on LIC's listing

LIC set for lacklustre market debut despite oversubscription: Analysts
Updated On : 17 May 2022 | 9:48 AM IST

Stocks to Watch: LIC, IndiGo, GSK Pharma, Max Health, PSUs, Bharat Forge

Stocks to Watch Today: At 7:30 am, the SGX Nifty futures were quoting at 15,890 levels, hinting at an opening gain of 40-50 odd points for the Nifty.

Stocks to Watch: LIC, IndiGo, GSK Pharma, Max Health, PSUs, Bharat Forge
Updated On : 17 May 2022 | 8:18 AM IST

LIC to list on bourses today: Check share price and other details

LIC IPO closed on May 9 and shares were allocated to bidders on May 12

LIC to list on bourses today: Check share price and other details
Updated On : 17 May 2022 | 7:00 AM IST

LIC stock may be held for long term if there's no listing gain: Experts

"If you hold on to this stock for more than three years, you are likely to earn decent returns," says Vikas Gupta, founder and chief executive officer, OmniScience Capital on LIC being listed today

LIC stock may be held for long term if there's no listing gain: Experts
Updated On : 17 May 2022 | 6:15 AM IST

LIC may list at a discount to issue price if grey market is an indicator

Stock could list anywhere between Rs 900 and Rs 940, says market player, citing weak institutional investor demand during LIC's Rs 20,577-crore maiden share sale

LIC may list at a discount to issue price if grey market is an indicator
Updated On : 16 May 2022 | 11:48 PM IST

Weak global cues to hammer LIC listing? Here's what grey market signals

Shares of LIC were trading at a discount of Rs 15-20 a piece over its issue price of Rs 949 in the grey market ahead of its listing on Tuesday, May 17.

Weak global cues to hammer LIC listing? Here's what grey market signals
Updated On : 16 May 2022 | 1:11 PM IST

Faith of millions of Indian small investors put to test with LIC debut

The 65-year-old firm has almost $500 billion in assets, 250 million policy holders and makes up almost two-thirds of the market.

Faith of millions of Indian small investors put to test with LIC debut
Updated On : 15 May 2022 | 9:16 AM IST

LIC issue price fixed at Rs 949 a share; policyholders get discount

The LIC IPO -- India's largest to date -- closed with nearly three times subscription.

LIC issue price fixed at Rs 949 a share; policyholders get discount
Updated On : 14 May 2022 | 12:08 AM IST

LIC IPO issue price set at Rs 949; may get listed on Tuesday: Report

The LIC IPO sold in the range of Rs 902-949 from May 4 to May 9

LIC IPO issue price set at Rs 949; may get listed on Tuesday: Report
Updated On : 13 May 2022 | 1:03 PM IST

LIC IPO: Govt raises Rs 20,560 crore as firm sets issue price at Rs 949

Life Insurance Corporation of India shares have been priced at 949 rupees each, the state-run firm said in a prospectus filed Friday

LIC IPO: Govt raises Rs 20,560 crore as firm sets issue price at Rs 949
Updated On : 13 May 2022 | 11:06 AM IST

SC refuses interim relief in LIC IPO matter, issues notice to Centre

The Court also tagged the matter with the proceedings before the Constitution Bench as the petitions also raised issues regarding the enactment of law as a money bill

SC refuses interim relief in LIC IPO matter, issues notice to Centre
Updated On : 12 May 2022 | 11:41 PM IST

SC refuses interim relief on pleas seeking stay on LIC IPO share allotment

The Supreme Court on Thursday refused to grant any interim relief and stay the Life Insurance Corporation (LIC) IPO share allotment on a batch of pleas filed by some policy holders.

SC refuses interim relief on pleas seeking stay on LIC IPO share allotment
Updated On : 12 May 2022 | 12:51 PM IST
Updated On : 12 May 2022 | 1:18 AM IST

Nearly a million LIC IPO applications could be rejected due to glitches

The actual number of valid applications will be formally announced by LIC ahead of its listing

Nearly a million LIC IPO applications could be rejected due to glitches
Updated On : 11 May 2022 | 5:20 PM IST

LIC IPO scheduled for allotment on May 12: Here's how to check it online

LIC IPO saw 2.95 times more demand than the shares on offer on the final day of bidding

LIC IPO scheduled for allotment on May 12: Here's how to check it online
Updated On : 11 May 2022 | 12:41 PM IST

Small investors push LIC IPO over the line; FPIs invest less than Rs 4k cr

Move to have a separate quota for policyholders proves a game-changer, say experts

Small investors push LIC IPO over the line; FPIs invest less than Rs 4k cr
Updated On : 10 May 2022 | 2:31 AM IST

LIC share sale is an 'Atmanirbhar issue': DIPAM secy Tuhin Kanta Pandey

The issue is an example that capital markets can be run without having to completely rely on foreign investors, Tuhin Kanta Pandey said

LIC share sale is an 'Atmanirbhar issue': DIPAM secy Tuhin Kanta Pandey
Updated On : 09 May 2022 | 11:35 PM IST