Business Insider India3y
LIC’s mammoth IPO may happen in two parts, as government reportedly believes market may not have the capacity to absorb it in one go
In this year’s union budget, Finance Minister Nirmala Sitharaman had said that the LIC IPO would be completed this fiscal (FY22). So far 41 IPOs have already been listed on the BSE in 2021.
Business Insider India3y
LIC IPO: Government picks 10 merchant bankers including Goldman Sachs, Citigroup Global and Nomura
"Government has finalised the book running lead managers and some other advisors for the IPO of LIC," DIPAM Secretary ... for the stake sale and the last date for putting bids is September 16.
Business Today1y
LIC share price rises ahead of Q4 results, up 9% in 1 month; should you buy? See what analysts say
LIC’s poor showing after the listing has seen small investors lose interest, with its retail investor count dropping by nearly 700,000 in just five quarters. At the IPO price, LIC was valued at ...