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India.com Business Desk April 29, 2022 3:10 PM IST
LIC IPO is expected to raise Rs 21,000 crore for the government of India, helping it massively in meeting its disinvestment target of Rs 65,000 crore for the years 2022-23.
India.com Business Desk April 26, 2022 9:31 AM IST
LIC IPO: If everything goes well for the IPO, it will dethrone Paytm to become the biggest IPO, India has ever seen. The government will use it to meet its disinvestment targets of Rs 65,000 crore for FY23.
India.com Business Desk April 21, 2022 4:26 PM IST
The plan to launch LIC IPO before March 31 was stalled due to the ongoing Russia Ukraine war. Reports have stated that the government may not be seeking a very high valuation of the company.
Raghav Aggarwal March 14, 2022 11:18 AM IST
LIC IPO Date: The most-awaited IPO has been postponed owing to the rising Russia Ukraine tensions. The share markets across the globe have been highly volatile amid rising oil and commodity prices due to the war.
India.com Business Desk March 11, 2022 6:55 PM IST
LIC IPO: LIC's embedded value, which is a measure of the consolidated shareholders' value in an insurance company, was pegged at about Rs 5.4 lakh crore as of September 30, 2021, by international actuarial firm Milliman Advisors.
India.com Business Desk March 9, 2022 8:22 AM IST
LIC IPO News: LIC had filed for its DRHP with the SEBI on February 13, 2022. As per the draft papers, the company will sell over 31 crore shares via an offer-for-sale (OFS).
India.com Business Desk March 4, 2022 2:22 PM IST
LIC IPO Date: LIC IPO is set to be delayed into the next financial year (FY22-23) due to high market volatility amidst the Russia Ukraine war.
India.com Business Desk March 4, 2022 10:54 AM IST
LIC IPO: LIC had been looking for a CFO to succeed Shubhangi Sanjay Soman since September 2021. Sunil Agarwal has served in top management positions in two of the biggest insurers in India, ICICI Prudential and Reliance Nippon.
India.com Business Desk February 26, 2022 3:21 PM IST
LIC IPO Date: According to FM Sitharaman, the IPO will not be delayed due to the ongoing Russia Ukraine crisis and the process is 'on track'.
India.com Business Desk February 23, 2022 3:06 AM IST
LIC IPO DRHP: According to the DRHP filed with SEBI, only employees of LIC and policyholders have been allowed to apply for the IPO using UPI.
India.com Business Desk February 22, 2022 12:21 PM IST
LIC IPO Date: The biggest IPO of India, yet, is expected to open for subscription on March 11, 2022. 10 per cent out of the total shares have exclusively been reserved for the policyholders of LIC.
India.com Business Desk February 21, 2022 3:13 PM IST
LIC IPO Date: The government had earlier said that the IPO will be listed before March 31, 2022. According to a latest Reuters report, the applications will open on March 11, 2022.
India.com Business Desk February 19, 2022 12:23 PM IST
LIC IPO date: The IPO is expected to open for the public on March 11, 2022. This will make it the largest participation in the history of Indian markets. According to media reports, India has 73.8 million Demat accounts.
India.com Business Desk February 16, 2022 4:13 PM IST
LIC IPO News: According to the DRHP, LIC has unclaimed funds of around Rs 21,539 crore. These figures are as of September 2021.
IANS February 16, 2022 3:23 PM IST
LIC IPO News: The government is looking to tap into LIC's large customer base, 280m policies, to generate buying interest in the IPO.
Raghav Aggarwal February 16, 2022 5:04 AM IST
LIC IPO (FAQs): LIC has filed its DRHP on Sunday with SEBI. A total of over 31 crore shares will be sold to the public in the initial public offer (IPO). India.com brings answers to all your frequently asked questions on LIC IPO.
India.com Business Desk February 14, 2022 11:31 AM IST
LIC IPO Date 2022: The biggest IPO in the country is expected to hit the bourses by March 31, 2022. According to media reports, LIC valuation will be the highest in the country after the IPO.
India.com Business Desk February 14, 2022 9:32 AM IST
LIC IPO Date 2022: The LIC IPO is expected to hit the bourses by March 31, 2022. On Sunday, the company filed its DRHP clarifying that it aims to sell over 31 crore shares.
India.com Business Desk February 12, 2022 4:05 PM IST
Share Market Next Week: After the RBI announced its monetary policy, keeping the interest rates unchanged, the Indian share markets saw high volatility.
India.com Business Desk February 11, 2022 10:57 AM IST
LIC IPO News: The Board of Directors of LIC are scheduled to meet on Friday to discuss the LIC IPO listing. Key details like embedded value, discount to policyholders will be finalised in the meeting.
India.com Business Desk February 8, 2022 4:29 PM IST
LIC IPO Latest Update: LIC had paid a dividend of Rs 2,610.75 crore in 2019-20 to the Government of India from the profits of 2018-19, according to Minister Karad.
Raghav Aggarwal January 31, 2022 4:09 PM IST
Economic Survey 2022: Only 1 out of 100 people had a non-life insurance policy in India, according to the official figures. However, the figure has grown steadily in the last decade. In 2011, the non-life insurance penetration stood at 0.70.
India.com Business Desk January 28, 2022 12:48 PM IST
LIC IPO News: SEBI usually takes 75 days to complete the review process. The government wants the regulator to complete the process in three weeks.
India.com Business Desk January 18, 2022 6:26 AM IST
LIC IPO Details: DIPAM is the nodal agency for the listing of the insurer. It will ascertain the embedded value of LIC. Actuarial firm Milliman Advisor will assess the report.
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