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Initial Public Offer
Business  /  Published 07.06.22

Tamilnad Bank gets IPO nod

Private sector lender Tamilnad Mercantile Bank has received capital markets regulator Sebi’s nod to mop-up funds through an initial share sale. The initial public offer (IPO) comprises a fresh ...
By PTI in New Delhi

Business  /  Published 25.05.22

Board meet on May 30

Life Insurance Corporation of India (LIC) on Tuesday announced that its board will meet on May 30 to consider a dividend payout and approve financial results for the period ended March 31. The countr...
By Our Special Correspondent in Mumbai

Business  /  Published 12.05.22

Confidential pre-filing of IPO papers likely

Sebi on Wednesday proposed allowing companies targeting stock market initial public offerings (IPOs) to submit a confidential “pre-filing" document, in an effort aimed at safeguarding their...
By PTI in Mumbai

Business  /  Published 09.05.22

LIC IPO: All you need to know

Life Insurance Corporation's mega public offering -- India's largest to date -- on Monday closed with nearly three times subscription, predominately lapped up by domestic retail and institutio...
By Our Bureau, PTI

Business  /  Published 07.05.22

Sunday order irks bankers

The retail portion of the initial public offering (IPO) of Life Insurance Corporation of India (LIC) was fully subscribed on Friday, making redundant an RBI directive to keep ASBA branches open on Sun...
By Our Special Correspondent in Mumbai

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Business  /  Published 04.05.22

Anchor response augurs well for LIC float

Anchor investors are institutional investors to whom shares are allotted on a discretionary basis — and not on pro-rata basis — before an IPO opens for subscription. The shares are subject...
By Our Special Correspondent in Mumbai

Business  /  Published 27.04.22

LIC sets IPO price band at Rs 902-949

The initial public offering (IPO) of Life Insurance Corporation of India (LIC) will come in the price band of Rs 902-949 per share. India’s biggest float, which will be open for subscription be...
By Our Special Correspondent in Mumbai

Business  /  Published 26.04.22

LIC offer likely on May 4

The much awaited initial public offering of Life Insurance Corporation is likely to open on May 4. The IPO, as per reports, is likely to close for subscription on May 9 and the portion meant for anch...
By Our Bureau in Mumbai

Business  /  Published 21.04.22

LIC: Call on float date soon

The government is likely to take a call on the initial public offer of LIC later this week amidst continued volatility in the stock market. Finance ministry officials said the mega public issue could ...
By R. Suryamurthy in New Delhi

Business  /  Published 14.04.22

LIC: Centre to pare valuation

The LIC board is meeting this week to decide on reducing the valuation of the company and offering more shares in its initial public offer that will make the float more attractive to many of its polic...
By Our Special Correspondent in New Delhi


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