The Brief: More Downside In Store For LIC Stock?
The dismal market debut shows the country’s largest life insurer is yet to prove its mettle before investors.
lic listing
June 2022
May 2022
March 2022
February 2022
LIC listing: Stock fall 8% after historic IPO; investors lose ₹46,000 cr
LIC shares ended at ₹875.45 compared with the IPO price of ₹949, eroding around ₹46,000 crore in investor wealth.
LIC share makes weak debut; lists at 9% discount
LIC shares opened at ₹867.20 on the BSE, down 8.6% from the upper end of the IPO price band of ₹902 to ₹949 per share.
Sensex, Nifty to open flat; LIC, Bharti Airtel, Raymond, Indian Oil, Bajaj Electricals shares in focus
The Sensex and Nifty are set to open flat to higher on Tuesday, following subdued cues from global peers and muted trading on the SGX Nifty futures.
LIC IPO a ‘tremendous success’, allotment of shares by May 12: DIPAM Secy
The equity shares will be credited to demat accounts of successful bidders before May 17, says DIPAM secretary Tuhin Kanta Pandey.
Russia-Ukraine war: Centre to review LIC IPO timing
A meeting is likely to be held on whether the IPO should be deferred to the next financial year amid the growing geo-political tensions, say sources.
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.
IPO quota for LIC policyholders opens up a Pandora's Box
Can you allow a policyholder of LIC to get up to 10% quota in an IPO but deny the same to a policyholder of a private insurance company or a depositor of a bank or a telco subscriber?
