Lic Ipo Size

The Life Insurance Corporation's (LIC) mega public issue opened today to an overwhelming response, with over 60 per cent bids, led by policyholders and employees.

Anchor investors are institutional investors who are allotted shares before an IPO opens but they have to hold their shares for a certain period after listing

The LIC IPO will be open for retail investors from May 4-9 for subscriptions. The retail investors can apply for shares of a maximum Rs 2 lakh

The insurance behemoth's shares are available at a premium of Rs 75 in the grey market today (May 2)

Countrys largest public offer by Life Insurance Corporation (LIC), which opens tomorrow (May 2) for anchor booking and unveils on May 4 for retail and other investors, has been termed as LIC 3.0 by its chairman M R Kumar, who has said that its pricing is attractive and investors can look for returns for a long time to come

Ever since the LIC announced launching the IPO, 6.48 crore LIC policyholders have shown interest to get the much-touted share

Mr Chidambaram wondered as to why the Government was desperate to bring the LIC IPO after it had missed the March 31, 2022 deadline

LIC IPO: Government is also offering discount for policy holders who want to subscribe to the public offer

LIC IPO: At LIC press conference today, the insurance company will likely confirm its IPO launch date, timelines, the price band and other details

India's decision to go ahead with a much-reduced target for its vaunted life insurers initial public offering, as skittish investors continue to pull money from the South Asian nation, is adding to the risks threatening the nation's fiscal deficit target.

The LIC board has approved a cut in its initial public offering issue size from 5 per cent to 3.5 per cent, sources have said. The government will now dilute 3.5 per cent of its shares in LIC for Rs 21,000 crore, subject to regulatory approval.

LIC's non-performing assets as on March 31, 2021 were Rs 35,129 crore out of a total portfolio size of Rs 4,51,303 crore

The government is mulling allowing foreign direct investment (FDI) in the country's largest insurer LIC, a move which would help overseas investors take part in the company's proposed mega IPO

LIC IPO: Set up in 1956, LIC currently controls a majority share in the life insurance market in the country.

All India LIC Employees Federation this week staged an hour-long walkout strike to protest against the move to sell its stake in the state-run insurer.

The Life Insurance Corporation's (LIC) mega public issue opened today to an overwhelming response, with over 60 per cent bids, led by policyholders and employees.

Anchor investors are institutional investors who are allotted shares before an IPO opens but they have to hold their shares for a certain period after listing

The LIC IPO will be open for retail investors from May 4-9 for subscriptions. The retail investors can apply for shares of a maximum Rs 2 lakh

The insurance behemoth's shares are available at a premium of Rs 75 in the grey market today (May 2)

Countrys largest public offer by Life Insurance Corporation (LIC), which opens tomorrow (May 2) for anchor booking and unveils on May 4 for retail and other investors, has been termed as LIC 3.0 by its chairman M R Kumar, who has said that its pricing is attractive and investors can look for returns for a long time to come

Ever since the LIC announced launching the IPO, 6.48 crore LIC policyholders have shown interest to get the much-touted share

Mr Chidambaram wondered as to why the Government was desperate to bring the LIC IPO after it had missed the March 31, 2022 deadline

LIC IPO: Government is also offering discount for policy holders who want to subscribe to the public offer

LIC IPO: At LIC press conference today, the insurance company will likely confirm its IPO launch date, timelines, the price band and other details

India's decision to go ahead with a much-reduced target for its vaunted life insurers initial public offering, as skittish investors continue to pull money from the South Asian nation, is adding to the risks threatening the nation's fiscal deficit target.

The LIC board has approved a cut in its initial public offering issue size from 5 per cent to 3.5 per cent, sources have said. The government will now dilute 3.5 per cent of its shares in LIC for Rs 21,000 crore, subject to regulatory approval.

LIC's non-performing assets as on March 31, 2021 were Rs 35,129 crore out of a total portfolio size of Rs 4,51,303 crore

The government is mulling allowing foreign direct investment (FDI) in the country's largest insurer LIC, a move which would help overseas investors take part in the company's proposed mega IPO

LIC IPO: Set up in 1956, LIC currently controls a majority share in the life insurance market in the country.

All India LIC Employees Federation this week staged an hour-long walkout strike to protest against the move to sell its stake in the state-run insurer.