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Track all the latest updates and news of LIC IPO.
May 16, 2024 8:45:00 AM
Announcement triggered rally in insurer�s shares on stock exchanges as concerns over availability of more shares in future have receded ...
Published by : The TelegraphMay 15, 2024 12:40:00 PM
LIC: According to Sebi regulations, all listed companies must maintain a 25% public float. However, newly-listed companies are given a three-year window to meet this requirement.
Published by : The Times of India on MSNMay 16, 2024 11:13:00 AM
Sebi extends LIC's deadline to achieve 10% public shareholding by May 16, 2027 after Rs 21,000 crore IPO in 2022, diluting govt stake to 95%. Rule 19(2)(b)(iv) mandates 5% initial dilution. Shares of ...
Published by : Indiatimes on MSNMay 15, 2024 2:44:00 PM
The Securities and Exchange Board of India has granted the Life Insurance Corporation of India ( LIC ), the country's largest life insurer, a three-year extension to meet the 10% public shareholding ...
Published by : newsbytesapp.comMay 16, 2024 10:22:28 AM
MUMBAI: The national insurer, Life Insurance Corporation, Wednesday said it has received regulatory approval to continue to have higher promoter holding at 96.5% as against the mandated 75% for three ...
Published by : The New Indian Express on MSNMay 15, 2024 8:53:00 AM
LIC gets 3-year extension from Sebi to comply with minimum public shareholding norms, delaying government's possible offer for sale. Investors relieved as stock jumps 3%. Sebi rules mandate 25% public ...
Published by : IndiatimesMay 15, 2024 9:26:00 AM
The Securities and Exchange Board of India (SEBI) has granted an additional three years of time to the Life Insurance Corporation of India (LIC) to achieve 10 per cent public shareholding, the ...
Published by : devdiscourseMay 15, 2024 1:48:00 PM
Life Insurance Corporation (LIC) on Wednesday said markets regulator Sebi has granted an additional 3 years time till May 16, 2027 to comply with the 10 per cent public shareholding norm. Currently, ...
Published by : rediff.comMay 17, 2024 12:43:00 AM
Go Digit General Insurance IPO focuses on providing a wide range of insurance products tailored to customer needs in various sectors such as auto, health, travel, property, marine, and liability.
Published by : Mint on MSNMay 15, 2024 10:47:00 AM
From Go Digit IPO opening for bidding to Google I/O 2024, here are the top 11 news stories across business, global events, tech, and more.
Published by : cnbctv18May 17, 2024 8:59:00 PM
Go Digit IPO subscription at 5.38 times on day three. Retail investors oversubscribed at 3.47 times, non-institutional investors at 2.76 times.
Published by : Mint on MSNMay 15, 2024 9:56:00 AM
Sebi regulations require all listed companies to maintain a 25% public float, but firms with a post-issue market capitalisation exceeding Rs 1 trillion have a 5-year timeline to meet the 25% MPS rule ...
Published by : Business StandardThe IPO Shares of Life Insurance Corporation of India (LIC) IPO are proposed to list on Tuesday, May 17, 2022 at BSE, NSE. The public issue of LIC IPO was opened on May 4, 2022 and closed for subscription on May 9, 2022. LIC IPO Listing Date and Information:
| Listing Date | Tuesday, May 17, 2022 |
| BSE Script Code | 543526 |
| NSE Symbol | LICI |
| Listing In | |
| ISIN | INE0J1Y01017 |
| Issue Price | ₹949 Per Equity Share |
| Face Value | ₹10 Per Equity Share |
The allotment status of Life Insurance Corporation of India (LIC) IPO is now available online. The public issue of LIC IPO was open on May 4, 2022 and closed for subscription on May 9, 2022. The equity shares of the company to be list at BSE, NSE.
Life Insurance Corporation of India (LIC) is entering in the capital market with an IPO of 316,249,885 Equity Shares of Rs 10 aggregating up to Rs 30,012.11 Crore. The price for the issue has been set at Rs 902 - Rs 949 Per Equity Share.
LIC is the largest insurance provider company in India. It has a market share of above 66.2% in new business premium. The company offers participating insurance products and non-participating products like unit-linked insurance products, saving insurance products, term insurance products, health insurance, and annuity & pension products.
The issue opens on May 4, 2022 and closes for subscription on May 9, 2022. The equity shares of the company to be list at BSE, NSE.
The issue of Life Insurance Corporation of India (LIC) opens on May 4, 2022 and closes for subscription on May 9, 2022. The equity shares of the company to be list at BSE, NSE. The price for the issue has been set at Rs 902 - Rs 949 Per Equity Share.
The LIC IPO is proposed to open on May 4, 2022. The IPO application ends on May 9, 2022.
Retail investors can apply in the retail or non-institutional investor category from May 4, 2022 to May 9, 2022. The LIC IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The LIC IPO will open for subscription on May 4, 2022. The public issue will close on May 9, 2022.
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