LIC ipo launch

NEW DELHI: The government has fixed the issue price of LIC shares at Rs 949 apiece, the upper end of the IPO price band, fetching the exchequer around Rs 20,557 crore. The country's largest insurer will list itself on the bourses on May 17,…

<!-- -->LIC's IPO will give long term returns to investors, says its chairman M R Kumar Countrys largest public offer by Life Insurance Corporation (LIC), which opens tomorrow (May…

<!-- -->Finance Ministry will discuss with SEBI to exempt LIC from minimum public shareholding normNew Delhi: The Finance Ministry will discuss with market regulator Securities and Exchange Board of India (SEBI) to exempt Life…

NEW DELHI: The price band for Life Insurance Corporation's (LIC) mega initial public offering (IPO) has been set at Rs 902-949, news agency Reuters reported quoting sources. The issue is likely to open on May 4 and close on May 9. According…

Image Source : FILE PHOTO Representational image. Highlights Govt may defer the mega IPO of LIC and wait for an opportune time It's full-blown war now, will have to assess situation for going ahead with LIC IPO, Govt source FM…

NEW DELHI: The Union Cabinet is likely to consider on Saturday a proposal seeking changes in the foreign direct investment (FDI) policy to facilitate disinvestment of the country's largest insurer LIC, sources said. The department for…

NEW DELHI: Life Insurance Corporation of India (LIC) reiterated plans to list in March despite volatile global markets, signaling urgency from the government to mop up inflows. “We are very keen on having the listing in the month of March,”…

SYDNEY/NEW DELHI: A public offering of shares by state-run Life Insurance Corp (LIC), set to be the country's biggest yet at $8 billion, is expected to open for anchor investors on March 11, three sources with direct knowledge of the matter…

NEW DELHI: Life Insurance Corporation (LIC) has disclosed that the total number of individual and group policies has witnessed a decline due to the Covid-19 pandemic. "Our total number of individual policies and group policies (in terms of…

NEW DELHI: The government will launch the mega public offer of LIC by March and file draft papers with market regulator Sebi by the end of this month, an official said. Finance minister Nirmala Sitharaman had last week reviewed the progress…