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Tag "LIC IPO"

Much-awaited LIC lists with discount of over 8%

Much-awaited LIC lists with discount of over 8%

🕔13:49, 17.May 2022

Shares of the much-awaited Life Insurance Corporation of India (LIC) made a weak listing on the stock exchanges on Tuesday. New Delhi, May 17 (IANS) Shares of the much-awaited Life Insurance Corporation of India (LIC) made a weak listing on the

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SC declines to grant interim relief in challenge to the LIC IPO

SC declines to grant interim relief in challenge to the LIC IPO

🕔14:33, 12.May 2022

Link to IPO Allotment Status : https://risop.kfintech.com/ipostatus/ The Supreme Court on Thursday declined to grant interim relief to petitioners challenging the amendments to LIC Act by Finance Act of 2021, which facilitated the LIC IPO. New Delhi, May 12 (IANS) The

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SC declines to grant interim relief in challenge to the LIC IPO

SC declines to grant interim relief in challenge to the LIC IPO

🕔12:43, 12.May 2022

The Supreme Court on Thursday declined to grant interim relief to petitioners challenging the amendments to LIC Act by Finance Act of 2021, which facilitated the LIC IPO. New Delhi, May 12 (IANS) The Supreme Court on Thursday declined to grant

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LIC IPO issue subscribed 2.89 times on final day

LIC IPO issue subscribed 2.89 times on final day

🕔10:00, 10.May 2022

The initial public offering of Life Insurance Corporation of India has received robust response from investors with the insurance major’s offer having been subscribed 2.89 times. New Delhi, May 10 (IANS) The initial public offering of Life Insurance Corporation of India

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Punjab National Bank to remain opento the public on 08.05.2022to process LIC IPO Applications

Punjab National Bank to remain opento the public on 08.05.2022to process LIC IPO Applications

🕔04:51, 8.May 2022

Delhi, May 8, 2022: Punjab National Bank (PNB), a leading Public Sector Bank in India,will be keeping all its 10088branches openfor the public on 8th May, Sunday to facilitate the processing of applicationsfor the mega LIC IPO. State-owned LIC’s IPO

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LIC IPO will be biggest despite reduced offer size, says DIPAM Secretary

LIC IPO will be biggest despite reduced offer size, says DIPAM Secretary

🕔18:10, 27.Apr 2022

The initial public offering (IPO) of the Life Insurance Corporation will be the biggest issue in India despite the reduced offer size, Department of Investment and Public Asset Management (DIPAM) Secretary, Tuhin Kanta Pandey said on Wednesday. New Delhi, April

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LIC IPO: Price band fixed at Rs 902-949, Rs 60 discount for policyholders

LIC IPO: Price band fixed at Rs 902-949, Rs 60 discount for policyholders

🕔10:06, 27.Apr 2022

The much-awaited public issue offer of the Life Insurance Corporation (LIC) will be in the price band of Rs 902 to Rs 949, government sources revealed on Tuesday. New delhi, April 26 The much-awaited public issue offer of the Life

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LIC files DRHP; intends to list 5% equity via IPO

LIC files DRHP; intends to list 5% equity via IPO

🕔07:32, 14.Feb 2022

New Delhi, Feb 14 (IANS) Life Insurance Corporation of India on Sunday filed the Draft Red Herring Prospectus (DRHP) with capital markets regulator SEBI. The insurer is looking to sell the Centre’s five per cent equity stake in the company via

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LIC IPO on course, to be out within FY22: DIPAM

LIC IPO on course, to be out within FY22: DIPAM

🕔20:02, 20.Dec 2021

New Delhi, Dec 20 (IANS) The mega IPO of Life Insurance Corporation of India (LIC) will be out by the end of the current fiscal, a senior Central government official said on Monday. According to Tuhin Kanta Pandey, Secretary, Department of

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Goldman Sachs, JP Morgan among Book Running Lead Managers for LIC IPO

Goldman Sachs, JP Morgan among Book Running Lead Managers for LIC IPO

🕔21:54, 8.Sep 2021

New Delhi, Sep 8 (IANS) The Centre has finalised the Book Running Lead Managers (BRLM) for the much awaited initial public offering (IPO) of Life Insurance Corporation of India (LIC). The selected BRLM include Kotak Mahindra Capital Company Ltd, Goldman Sachs

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Major headway for LIC IPO with CCEA’s green signal

Major headway for LIC IPO with CCEA’s green signal

🕔16:18, 12.Jul 2021

New Delhi, July 12  Keeping the government’s plan to come up with the mega IPO of insurance major LIC in the ongoing financial year intact, the Cabinet Committee of Economic Affairs (CCEA) has given in-principle approval to the initial public

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LIC IPO to bring in Rs 1L cr, BPCL sale may fetch Rs 80k cr: CEA

LIC IPO to bring in Rs 1L cr, BPCL sale may fetch Rs 80k cr: CEA

🕔21:03, 27.Mar 2021

New Delhi, March 27  The much-anticipated initial public offering (IPO) of Life Insurance Corporation of India (LIC) can bring in Rs 1 lakh crore for the government, said the Chief Economic Adviser (CEA) K.V. Subramanian. Speaking at a webinar on

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6-7% LIC stake dilution enough to mop up Rs 90,000 cr : CEA

6-7% LIC stake dilution enough to mop up Rs 90,000 cr : CEA

🕔12:50, 17.Feb 2020

New Delhi, Feb 16 (IANS) The government’s Rs 2.1 lakh crore sell-off target is achievable with half of this amount expected to be met through the spill-over deals of Air India, BPCL and Concor and the remaining Rs 90,000 crore through

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LIC IPO will benefit retail investors, says Sitharaman

LIC IPO will benefit retail investors, says Sitharaman

🕔18:47, 7.Feb 2020

Mumbai, Feb 7 Finance Minister Nirmala Sitharaman on Friday said the IPO of the state insurer LIC will bring retail investors into the picture and also assured that the government will come up with steps to simplify the tax regimes.

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LIC listing in FY21 H2 with 10% dilution : Govt

LIC listing in FY21 H2 with 10% dilution : Govt

🕔14:57, 2.Feb 2020

New Delhi, Feb 2 (The government will list LIC in the second half of the next fiscal on the exchange with minimum 10 per cent equity dilution which is the extract norm, a senior government official said on Sunday. “The

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Talks on with Law Min on legislative changes for LIC listing : Fin Sec

Talks on with Law Min on legislative changes for LIC listing : Fin Sec

🕔14:49, 2.Feb 2020

New Delhi, Feb 1 Finance Secretary Rajeev Kumar on Saturday said the Ministry is in talks with the Law Ministry for the legislative changes needed on account of LIC listing. “We have started talks with the Law Ministry on the

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