LIC IPO News

Markets

Why LIC IPO proved to be a wealth destructor for investors

Ever since its listing on the exchanges, LIC’s share prices have been on a decline and its onward journey has been rough.

3 min read19 Sep 2022
Markets

LIC, India’s largest-ever IPO, comes to market at the wrong time, says KPMG

It continues to remain a very strong company in the insurance sector and has more than 70% market share in India,” Srinivas Balasubramanian, senior partner and head of corporate finance at KPMG India, said

1 min read18 May 2022
Markets

After tepid market debut, antsy LIC investors seek Aramco-style dividend

Some investors and analysts are concerned that the price could drop even more because of little growth prospects for the legacy business, risks of further disinvestment by the government and the absence of major incentives for shareholders

4 min read17 May 2022
Markets

LIC’s weak listing due to unpredictable market conditions, says DIPAM Secy

LIC listing: The DIPAM Secretary suggested investors to hold on to the stock for long-term value

2 min read17 May 2022
Markets

LIC shares to list on bourses tomorrow: Key things to know

LIC will list its shares on the stock exchanges after witnessing a good response from domestic investors in the initial share sale, which fetched ₹20,557 crore to the govt

2 min read16 May 2022
Markets

LIC IPO: What GMP signals ahead of shares listing tomorrow

LIC shares will list on the stock exchanges tomorrow, following the IPO which was oversubscribed nearly 3x

1 min read16 May 2022
Markets

Faith of millions of small investors put to test with LIC debut

LIC’s debut, which has been expected to bolster PM Modi’s image as a reformer and energize other privatization plans, comes when capital-market activity has significantly slowed amid weakness in global equity markets

3 min read15 May 2022
Markets

LIC IPO to list on Tuesday: Key things to know

LIC IPO: The shares of the insurance behemoth will start trading on Tuesday in the secondary market

1 min read16 May 2022
Markets

LIC IPO: GMP still negative. Experts see ’moderate to discounted’ share listing

LIC IPO GMP today is minus ₹20, which is ₹5 higher from its yesterday’s grey market premium of minus ₹25, say market observers

2 min read14 May 2022
Markets

LIC IPO priced at top end of indicated range: Report

LIC IPO closed with nearly 3 times subscription at the end of the six-day bidding period

1 min read13 May 2022
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