Mumbai (Maharashtra) [India], May 4 (ANI): The much-awaited initial public offering (IPO) of Life Insurance Corporation of India (LIC) opened for public subscription on Wednesday morning, and around one-third of the shares were subscribed in the first two hours.
Mumbai (Maharashtra) [India], May 2 (ANI): The anchor investor portion of Life Insurance Corporation of India's (LIC) initial public offering (IPO) was oversubscribed on Monday, the first day of subscription.
New Delhi [India], April 29 (ANI): Ahead of the Life Insurance Corporation of India's forthcoming Initial Public Offering (IPO), India's largest ever IPO, on May 4, the LIC is set to hold a press conference here on Friday.
New Delhi [India], April 26 (ANI): The price band for the much-awaited Initial Public Offering (IPO) of India's largest insurance company, Life Insurance Corporation of India (LIC), has been set at Rs 902-Rs 949 per share.
New Delhi [India], April 25 (ANI): The much-awaited initial public offering (IPO) of the Life Insurance Corporation of India is likely to open on May 4, sources privy to the development told ANI.
New Delhi [India], March 11 (ANI): The net profit of Life Insurance Corporation of India rose to Rs 234.91 crore in the third quarter of the current financial year from Rs 0.91 crore recorded in the corresponding period of last year.
Mumbai (Maharashtra) [India], March 9 (ANI): The market regulator Securities and Exchange Board of India (SEBI) has approved the initial public offering proposal of the Life Insurance Corporation of India (LIC), sources said on Wednesday.
New Delhi [India], March 2 (ANI): The government is likely to review the timing of the proposed initial public offering (IPO) of Life Insurance Corporation of India (LIC) depending on the impact of the Russia-Ukraine crisis on the Indian equities markets, official sources said on Wednesday.
New Delhi [India], February 22 (ANI): Life Insurance Corporation of India on Tuesday issued a clarification saying Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) subscribers are not eligible to avail the benefits offered to policyholders in the proposed initial public offering (IPO).
New Delhi [India], February 21 (ANI): Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) subscribers are also eligible to avail the quota benefits reserved for the LIC policyholders, Life Insurance Corporation of India Chairman M R Kumar said on Monday.
New Delhi [India], February 14 (ANI): The filing of a draft red herring prospectus (DRHP) by Life Insurance Corporation of India (LIC) has created a "positive buzz in the air" and the public issue will be a very positive development in the history of the country's largest insurer, Union F
New Delhi [India], February 13 (ANI): Life Insurance Corporation of India (LIC) filed its Initial Public Offerings (IPO) papers with the Securities and Exchange Board of India (SEBI) on Sunday.