Page 3 - Life Insurance Corporation

LIC's $2.7-billion IPO set to be the fifth-biggest globally in CY22

Dubai Electricity and Water Authority's (DEWA's) $6.1-billion IPO in March is currently the third biggest public offering for the year, followed by China National Offshore Oil Corporation's (CNOOC's)

LIC owns 4% of all listed stocks in India, more govt bonds than the RBI

LIC manages assets of Rs 39 lakh crores, or more money than the entire mutual fund industry combined.

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

IDBI Bank stake dilution for ceding mgt control to be fixed after roadshows

Lowering of stake by Centre and LIC to be decided post consultation with investors during roadshows, after which EoI document would be structured, says DIPAM Secy Tuhin Pandey

Top Headlines: India airspace coordination, blockbuster M&As, and more

Business Standard brings you the top headlines at this hour

Top Headlines: Features of LIC IPO, Damani eyes partners for Ambuja buy

Business Standard brings you the top headlines at this hour

Unique features of LIC IPO: Policyholder quota, differential discount

Life Insurance Corporation of India's (LIC's) landmark Rs 21,000-crore IPO will open for subscription on Wednesday

LIC will be fifth most-valued firm post IPO with m-cap of Rs 6 trillion

Valuation fair and attractive; won't dilute stake for a year: Govt

'65 million PAN numbers have been linked to LIC policies', says M R Kumar

The investor interest has been quite good. It is especially good as far as the domestic investors are concerned: M R Kumar

Failed to link PAN to policy? Apply for LIC IPO under retail/staff quota

Compared to Rs 60 discount under policyholder quota, you will get Rs 45 discount under these

Sebi says no to 'upsizing' option in LIC share sale; allows few exemptions

But allows a few exemptions, such as a 30-day lock for anchor investors

LIC IPO will see record demat account openings in India: Paytm Money CEO

Big push for new demat accounts likely to come from smaller cities and towns, as many investors will open them only to apply for the IPO

Life Insurance Corporation to join league of top global insurance firms

Expected to list with m-cap of Rs 6 trillion - making it world's fourth biggest

LIC bound by Constitution: SC directs verification of workers' claims

A bench headed by Justice D.Y. Chandrachud said: "LIC, as a statutory corporation, is bound by the mandate of Articles 14 and 16 of the Constitution"

LIC may list on May 17; IPO of right size, says Dipam Secy Tuhin Pandey

The government is selling 221,374,920 shares in LIC, aiming to raise around Rs 21,000 crore

India slashes its expected proceeds from LIC IPO to over Rs 21,000 crore

The initial public offering (IPO) of the state-owned insurer is a billion dollars short of its projection last week, and a third of the more than $8 billion it initially planned to raise in February

LIC may file preliminary IPO prospectus today, price band on Wednesday

LIC management and the investment bankers will embark on road shows in six cities across India - including Mumbai, New Delhi, Bengaluru, Ahmedabad, Rajkot, Kolkata

LIC board to meet Tuesday for IPO dates, issue likely opens May 4

The government will sell its 3.5 per cent equity in LIC for Rs 21,000 crore, valuing India's largest insurer at Rs 6 trillion

Lower dilution may dash LIC's marquee index inclusion hopes

For a quick entry into the Sensex, a company needs to rank among the top 10 in terms of free-float market cap.

Most large global investors may give LIC's initial public offering a miss

But would consider investment after assessing post-listing performance