LIC

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New Market Tension For LIC Shareholders

The decline that started after the listing in the shares of Life Insurance Corporation of India (LIC), which has offered the biggest IPO in the country’s history, continues unabated. The company’s shares reached a new all-time low on the first day of the week. It is worth noting that the upper price band of LIC’s …

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LIC Done This Preparation To Compensate Loss Of Investors

The IPO of the country’s largest insurance company Life Insurance Corporation of India (LIC) may have disappointed investors, but now the company has made preparations to compensate them for the loss. On Tuesday, LIC said that its board will consider giving dividend. However, full disclosure about this will be in the first quarter results to …

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LIC IPO Allotment: Check Status Of Allotment Sitting At Home

After the completion of the bidding process in the country’s largest LIC IPO, the allotment process of shares will start on Thursday. The DIPAM secretary had said on the last day of subscribing to the IPO i.e. May 9 that the share allotment under the IPO would be on May 12 and the listing would be …

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LIC IPO: Valuation Decreased Due To Poor Market Environment

LIC IPO: Valuation Decreased Due To Poor Market Environment

Due to the Russia-Ukraine crisis, the effect of the bad stock market environment has started showing on the country’s biggest IPO. The government may bring the IPO of Life Insurance Corporation of India (LIC) before May 12. In this, it will now sell 7 percent stake. It is estimated to get Rs 50,000 crore in …

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New Update On LIC IPO You Must Know

New Update On LIC IPO You Must Know

Big news has come out about the IPO of the country’s largest insurance company LIC. Recent, widely discussed reports suggested that the biggest IPO of all time could be postponed amid the turmoil in the markets due to the Russo-Ukraine war. Now according to a report, DRHP has been submitted afresh with SEBI regarding IPO …

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Big Update On LIC IPO

Big Update On LIC IPO

With the announcement of LIC IPO, the atmosphere of discussions about it is intensifying. Questions like price bands, discounts for policy holders and retail investors are being discussed continuously. Due to the volatility in the market due to the Russia-Ukraine war, the government has not yet announced a specific date for the IPO, but it …

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LIC IPO: Policyholders To Fulfill These Conditions To Participate in IPO

LIC IPO: Policyholders To Fulfill These Conditions To Participate in IPO

Most of the investors of the country investing money in the market are eagerly waiting for LIC’s IPO. Especially for such investors who have an insurance policy in LIC. There is a big reason behind this. The government has announced that when LIC IPO opens, shares will be kept in reserve for policyholders. LIC has also issued an advertisement …

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Want To Invest in LIC IPO? Policy Holders Should Do This Work Before 28th February

Want To Invest in LIC IPO? Policy Holders Should Do This Work Before 28th February

Life Insurance Corporation of India (LIC) has asked all its policy holders to update their PAN details in their policy records to participate in its upcoming IPO. This information has been received from LIC’s Draft Red Herring Prospectus (DRHP). LIC has filed a draft letter with the capital market regulator SEBI on February 13 for …

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LIC Applies For IPO With SEBI, IPO Size May Be Around Rs 63000 Crore

Countdown Starts For Country’s Biggest IPO

LIC Applies For IPO With SEBI, IPO Size May Be Around Rs 63000 Crore The countdown has started for the country’s biggest IPO. Life Insurance Corporation (LIC) has filed for IPO with SEBI. The Secretary of DIPAM gave this information. He said that DRHP (Draft Paper) has been filed for LIC IPO today. The biggest …

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LIC Credit Card: Many Benefits Including Double Reward Points And Discounts

LIC Credit Card: Many Benefits Including Double Reward Points And Discounts

Life Insurance Corporation of India (LIC) has brought a special credit card facility for its policyholders and agents. If you have invested in any policy of LIC, then you can apply for LIC credit card sitting at home. For this, LIC has tied up with IDBI Bank. Let us inform that recently LIC CSL has …

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This Scheme Of LIC Will Strengthen Financial Level Of Those Who Earn Less. 110% Benefit On Maturity

This Scheme Of LIC Will Strengthen Financial Level Of Those Who Earn Less. 110% Benefit On Maturity

The name of the smallest plan of LIC is Bhagya Lakshmi Plan. This scheme can prove to be very helpful for those people who are financially weak. Bhagya Lakshmi plan has been specially introduced for the low income group people. This scheme is of low sum insured, in which no GST is applicable. Let us …

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Cabinet approves strategic disinvestment in IDBI Bank

The Cabinet Committee on Economic Affairs gave in – principle approval for strategic disinvestment along with transfer of management control in IDBI Bank Ltd.  As per official statement, the extent of respective shareholding to be divested by the government and the LIC will be decided at the time of structuring of transaction in consultation with …

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