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Latest Articles in LIC IPO
LIC Tumbles Nearly 6% As Anchor Lock-in Ends
In Monday’s session, its shares tanked 5.84 per cent to Rs 668.25 apiece on NSE
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LIC Shares Hit New Low
Almost one-fourth of LIC's market value has now been wiped out. At the issue price of Rs 949, the market capitalisation of LIC stood at Rs 6,00,242 crore and has now fallen to Rs 4,58,024 crore on the NSE
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Weak LIC Listing Due To Unpredictable Market Conditions, Says DIPAM Secy
LIC had fixed the issue price of its shares at Rs 949 apiece after a successful initial public offering, which fetched Rs 20,557 crore to the government
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LIC IPO: Check Out GMP And Listing Price
According to market experts, the GMP of LIC's IPO was at minus 13 yesterday
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KFin Technologies To Examine LIC IPO Allotment
KFintech provides Omni Channel Platform services to customers
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SC Refuses Interim Relief On Pleas Seeking Stay On LIC IPO Share Allotment
The Supreme Court on Thursday refused to grant any interim relief and stay the Life Insurance Corporation (LIC) IPO share allotment on a batch of pleas filed by some policy holders
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SC Declines To Grant Interim Relief On Pleas Seeking Stay On LIC IPO Share Allotment
The bench said that on the aspect of interim relief the court must be guided by the well settled principle of prima facie case, balance of convenience and whether there is any irreparable injury
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LIC IPO: Here's How You Check Allotment Status
The total share of LIC IPO has also been filled more than 100 per cent. In such a situation, it is expected that investors will get full returns at the time of listing
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LIC IPO Oversubscribed 2.95 Times; Shares Allotment On May 12
Investors bid for 478.4 million shares compared with the total 162.1 million on offer. Bids were oversubscribed nearly twice by retail individual investors (RIIs), who were offered 69.2 million shares at a discount of 45 rupees per share
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LIC IPO: QIB Portion Including Banks, MFs Fully Subscribed On Last Day
Against 3,95,31,236 reserved, 4,61,62,185 bids were received, reflecting a subscription of 1.17 times, according to data posted on stock exchanges at 12:12 pm
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LIC IPO: Day 4 Subscription Status
The share allotment is expected to happen on May 12 and the shares of the company will be listed on stock exchanges BSE and NSE on Tuesday, May 17, 2022
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Bank Unions Protest RBI Order To Keep Branches Open Sunday For LIC IPO
"Considering extensive usage of online subscription of IPO among the investors, we are of the considered view that most of the branches will not get even a single application on Sunday in the physical format. In such circumstances, the decision to keep open all the bank branches is per se farcical and banks cannot afford to bear such humongous expenditure," AIBOC said in a statement
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LIC IPO Goes Fully Subscribed Of Retail Portion
Overall, the IPO is more than fully subscribed as it has received 17,98,42,980 bids, as against 16,20,78,067 shares on sale
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LIC IPO Subscribed 67% On First Day Of Bidding
The portion reserved for policyholders was subscribed 1.9 times, while that for employees was fully subscribed during the first day itself, as per data available on the BSE
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LIC IPO: NSE Makes A Big Change As Day 1 Sees Mass Investors
About 16 lakh shares were bid for, while out of the share reserved for the employees of the company, about 27 per cent of the shares were also bought
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