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LIC is currently trading at 0.7 times financial year 2025 trailing Enterprise Value, and Macquarie calls the stock a "value ...
A knock-out listing could see LIC raise as much as $10 billion from the IPO with a minimum dilution of 5%. That would make it the third biggest globally involving an insurer. More importantly ...
A 210 billion rupee ($2.7 billion) record share sale by state-run Life Insurance Corp. of India was ... more bids for shares in the company’s IPO than the amount reserved for them, while the ...
The most awaited and the biggest IPO to date, that of the insurer Life Insurance Corporation of India (LIC) is set to hit the primary market on May 4 to raise Rs 21,000 crore from investors.
LIC’s IPO launch will be the largest public offering in the history of Indian financial markets.(Reuters) The long-awaited Initial Public Offering (IPO) of Life Insurance Corporation (LIC ...
Yet, the country has never witnessed an IPO quite like the LIC IPO, expected to hit markets shortly. With LIC, the Indian government aims to sell 5% of its stake, nearly INR 65,000 crore ...
LIC’s mega IPO closed for subscription on May 9, and the stock will make its stock market debut on May 17 The success of the LIC IPO and its valuation will present a big opportunity for the ...
India's largest-IPO, the Life Insurance Corporation's IPO will open for subscription on May 4. It will remain open for bidders till May 9. The price band of the IPO has been fixed at Rs 902 to Rs ...
have some concerns about Life Insurance Corp's (LIC) IPO but global pension funds have "good interest" in the Indian state-run insurance giant's issue, the company's chairman said on Wednesday.
LIC IPO | New Delhi: The last date of application for the LIC IPO saw an increased interest by the retail investors in the IPO. The LIC IPO was subscribed nearly 3 times. The application remained ...
"The MPC's decision, in an unscheduled meeting, to raise the repo rate by 40bp and CRR by 50 bp is a surprise since it came on the LIC IPO opening date. MPC's proactive move is justified from the ...
May 17 (Reuters) - Life Insurance Corporation of India (LIFI.NS), opens new tab fell nearly 8% on their market debut on Tuesday despite the country's largest ever IPO being oversubscribed at the ...
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