LIC IPO to be listed on May 17: DIPAM Secy
On the reduced size of the offer, DIPAM Secy Tuhin Kanta Pandey says it's the right size considering the current market. With even this size, the LIC IPO is the biggest in India so far, he adds.
lic ipo date
April 2022
March 2022
February 2022
LIC IPO: Grey market premium indicates listing gains for investors
The insurance major saw its grey market premium (GMP) rise 80% on April 28, a day after the IPO was announced.
LIC IPO: Policyholders get ₹60 discount; all you need to know
For policyholders to bid for the LIC IPO, they must have a demat account, which has been linked to their permanent account number (PAN) present in LIC records.
LIC IPO size cut by one-third, valuation by half
The reduced valuation of the IPO along with the current despondency of the market raise questions over the prudence and the necessity of launching an IPO of a crown jewel like LIC.
LIC IPO to come before May 12 deadline; 5% stake on offer
LIC has time till May 12 to float the LIC IPO, following which SEBI's approval to issue a public offer will cease.
LIC files updated draft IPO papers with SEBI
Shortly after SEBI's approval of its DRHP, LIC had released the financial results for the December quarter, requiring changes in the draft document for the IPO.
LIC IPO gets final SEBI nod; Centre yet to finalise issue date
This is one of the fastest DRHP approvals by SEBI, coming in only 24 days after LIC filed the draft papers with the regulator.
LIC IPO on course despite geo-political headwinds: FM
Sitharaman noted there is a lot of interest in the market on LIC IPO and the government will be going ahead with it despite the Ukraine crisis.
LIC IPO on course; crude, Ukraine headwinds to financial stability: FM
The listing of Life Insurance Corporation (LIC) will go ahead as planned, says finance minister.
LIC files DRHP, fixes over 11 crore shares for retail
Over 75 lakh policyholders update PAN in last six months, at least 80% to subscribe the LIC IPO.
