Business Standard

Page 9 - Lic Ipo

Govt has time till May 12 for LIC IPO without seeking fresh Sebi approval

The government has time till May 12 to launch the initial public offering (IPO) of LIC without filing fresh papers with market regulator Sebi, an official said

Govt has time till May 12 for LIC IPO without seeking fresh Sebi approval
Updated On : 13 Mar 2022 | 1:57 PM IST

LIC net surges to Rs 234 cr in Q3FY22 due to change in surplus distribution

In the same period last financial year, LIC's net profit totaled Rs 0.91 crore

LIC net surges to Rs 234 cr in Q3FY22 due to change in surplus distribution
Updated On : 11 Mar 2022 | 10:58 PM IST

Govt to file final papers for LIC IPO with Sebi soon, says official

The govt to soon file the final papers for LIC IPO with Sebi, which will provide details about the price band, discount for policyholders and retail buyers

Govt to file final papers for LIC IPO with Sebi soon, says official
Updated On : 11 Mar 2022 | 3:35 PM IST

LIC IPO gets Sebi approval; may see delayed launch over Ukraine crisis

LIC's IPO is one of the fastest to get Sebi approval; the insurer had filed its DRHP on February 12.

LIC IPO gets Sebi approval; may see delayed launch over Ukraine crisis
Updated On : 10 Mar 2022 | 12:48 AM IST

Top headlines: BJP set to retain UP, falling rupee and exports, and more

Business Standard brings you the top headlines at this hour

Top headlines: BJP set to retain UP, falling rupee and exports, and more
Updated On : 08 Mar 2022 | 7:27 AM IST

Govt may postpone LIC IPO to next fiscal amid Ukraine crisis: Experts

Government may defer the mega initial public offering (IPO) of LIC to next fiscal year as the ongoing Ukraine war has dampened fund managers' interest in public issue, market experts said on Sunday

Govt may postpone LIC IPO to next fiscal amid Ukraine crisis: Experts
Updated On : 06 Mar 2022 | 12:22 PM IST

LIC IPO: Govt to take call in best interest of investors, says DIPAM Secy

In the wake of the market volatility due to the Ukraine-Russia war, there might be a rethink on the timing of the LIC share sale

LIC IPO: Govt to take call in best interest of investors, says DIPAM Secy
Updated On : 04 Mar 2022 | 6:42 PM IST

LIC IPO set to be delayed to next fiscal year amid market swings: Report

LIC's underwriters have seen muted interest during early meetings with potential anchor investors, says Bloomberg.

LIC IPO set to be delayed to next fiscal year amid market swings: Report
Updated On : 04 Mar 2022 | 12:36 PM IST

Russia-Ukraine crisis: See more downside in equity mkts, says Mark Mobius

'If the Indian economy will grow at 6-7 per cent, one can expect a growth of 5-10 per cent in earnings for most companies'

Russia-Ukraine crisis: See more downside in equity mkts, says Mark Mobius
Updated On : 04 Mar 2022 | 12:22 AM IST

LIC IPO: 10.8 million eligible to avail of policyholders' quota

LIC had over 282 million policies in force as of September 30, 2021, but policyholders tend to have more than one policy

LIC IPO: 10.8 million eligible to avail of policyholders' quota
Updated On : 04 Mar 2022 | 6:10 AM IST

Reliance Nippon Life's Sunil Agrawal named CFO of LIC ahead of mega IPO

Prior to Agrawal's appointment, Shubhangi Sanjay Soman was executive director, finance and accounting. The position of Executive director F&A has been changed to CFO as LIC gets set to list

Reliance Nippon Life's Sunil Agrawal named CFO of LIC ahead of mega IPO
Updated On : 03 Mar 2022 | 11:42 PM IST

LIC IPO to be delayed or not? GoM likely to take a call tomorrow

Merchant bankers say situation not ripe for IPO of this size

LIC IPO to be delayed or not? GoM likely to take a call tomorrow
Updated On : 03 Mar 2022 | 6:10 AM IST

LIVE: PM Modi speaks to President Putin, discusses safe passage for Indians

Indian embassy in Ukraine asked all Indian nationals to leave Kharkiv immediately on the basis of information from the Russian side

LIVE: PM Modi speaks to President Putin, discusses safe passage for Indians
Updated On : 02 Mar 2022 | 10:54 PM IST

SBI Life, HDFC Life shares jump on reports of likely delay in LIC IPO

SBI Life shares settled 5.7 per cent higher at Rs 1,120, whereas HDFC Life 7.0 per cent up at Rs 560

SBI Life, HDFC Life shares jump on reports of likely delay in LIC IPO
Updated On : 02 Mar 2022 | 8:59 PM IST

Govt may review timing of LIC IPO amid Ukraine crisis: FM Sitharaman

'If global considerations warrant that I need to look at it (LIC IPO), I wouldn't mind looking at it again,' says FM

Govt may review timing of LIC IPO amid Ukraine crisis: FM Sitharaman
Updated On : 01 Mar 2022 | 7:21 PM IST

FDI in IPO-bound LIC likely to open up fresh scope for disinvestment

NHAI & AAI, which are not registered as companies, also likely to benefit

FDI in IPO-bound LIC likely to open up fresh scope for disinvestment
Updated On : 28 Feb 2022 | 6:01 AM IST

Street signs: Retail, HNIs pare bullish bets, cashing in on LIC IPO & more

Domestic brokerages are pulling all stops to cash in on the excitement around LIC's initial public offering (IPO).

Street signs: Retail, HNIs pare bullish bets, cashing in on LIC IPO & more
Updated On : 27 Feb 2022 | 10:12 PM IST

Cabinet allows up to 20% FDI in IPO-bound LIC under automatic route

The existing FDI policy did not prescribe any specific provision for foreign investment in LIC, which is a statutory corporation established under LIC Act, 1956

Cabinet allows up to 20% FDI in IPO-bound LIC under automatic route
Updated On : 26 Feb 2022 | 3:47 PM IST

Cabinet allows up to 20% FDI in IPO-bound LIC under automatic route: Report

The initial public offering of over 316 million shares or 5% government stake is likely to hit D-street in March

Cabinet allows up to 20% FDI in IPO-bound LIC under automatic route: Report
Updated On : 26 Feb 2022 | 2:58 PM IST

Cabinet likely to consider proposal for FDI in IPO-bound LIC on Saturday

The initial public offering of over 31.6 crore shares or 5 per cent government stake is likely to hit D-street in March

Cabinet likely to consider proposal for FDI in IPO-bound LIC on Saturday
Updated On : 26 Feb 2022 | 1:04 AM IST