Showing results for "#LIC IPO"
LIC IPO: ₹1.3 lakh cr investor wealth gone?
The share sale, which was oversubscribed by nearly three times, was aimed at narrowing the government’s budget deficit after spending increased during...
LIC IPO: QIB portion fully subscribed on last day
The overall LIC issue was subscribed 2.05 times. Against 16,20,78,067 shares on offer, 33,19,04,280 bids were received. LIC has fixed the price band...
LIC IPO Day 5: Overall issue subscribed 1.79 times
The offer received bids for 29,07,81,915 shares against the offered 16,20,78,067 equity shares (excluding shares offered to anchor investors), as per...
Short end of stick for policyholders
The IPO was subscribed 67 per cent on the first day of bidding. LIC policyholders led the initial bout of buying as they fully subscribed the portion...
LIC once listed would result into increased transparency: Moody's
This is because as India's dominant life insurer, LIC often sets the trend for pricing and policy terms.
LIC IPO: Policyholders' portion fully subscribed
Policyholders and employees are driving the subscriptions.