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LIC listing
Four key facts about India’s record LIC IPO as shares tumble on debut
Life Insurance Corporation of India fell nearly 8% on their market debut on Tuesday despite the country`s largest ever IPO being oversubscribed at the top of the price range.
The government raised around $2.7 billion from selling a 3.5%…
LIC IPO Shares: LIC shares tumble in market debut after record IPO | Business – Times of India
MUMBAI: Shares in Life Insurance Corp of India (LIC) slid nearly 8% in its market debut on Tuesday, a fresh setback for the state-owned giant as its record-breaking, oversubscribed IPO raised far less than expected for the government.…
LIC listing erodes investors’ wealth, Twitterati having a ‘hearty laugh’
New Delhi: Life Insurance Corporation of India made a tepid stock market listing on Monday. The scrip of the insurance behemoth debuted at around 9 per cent discount at Rs 867.20 apiece at the BSE on Tuesday against its issue price of Rs…
LIC lists at 8.11% discount at Rs 872 per share on the NSE – Times of India
NEW DELHI: Insurance behemonth Life Insurance Corporation of India saw a modest stock market debut on Tuesday when it listed at Rs 872, on the NSE, down 8.11% from its issue price of Rs 949 amid uncertain investor sentiment. Its shares…
LIC, India’s Biggest IPO, Lists At Over 8% Discount In Tepid Debut
<!-- -->LIC Listing: LIC lists at 8.11% discount at Rs 872 per share on NSELife Insurance Corporation (LIC) lists on the BSE at Rs 867.20 per share, a discount of 8.62 per cent, or Rs 81.80, from its initial public offering (IPO)…
LIC Shares listing tomorrow: Check today’s GMP, expected listing price
New Delhi: The much-awaited listing of Life Insurance Corporation of India (LIC) is expected to take place on Tuesday, May 17 with experts believing that the insurance behemoth might have a flat listing. The insurance major had set its…
Small-town retail investors to prop up demand for LIC IPO – Times of India
NEW DELHI: Small-town retail investors with an emotional attachment to India’s oldest insurer and its long-loyal policyholders will likely prop up demand for the country’s largest-ever initial public offering, even as jittery markets forced…
LIC IPO set to be delayed to next fiscal year – Times of India
The mega initial public offering of Life Insurance Corporation of India is set to be delayed into the next financial year amid market swings triggered by Russia’s invasion of Ukraine, people with knowledge of the matter said. Bankers and…