Corporate File LIC: All dressed up for its IPO party As LIC files its DRHP, a look at all that has gone into getting this 65-year-old insurance giant ready for its public issue By Aarati Krishnan ...
India is pushing for a valuation of about 15 trillion rupees ($203 billion) for a state-owned insurer that’s soon expected to file for the nation’s biggest initial public offering, people familiar ...
The portion reserved for policyholders can go up to maximum of 10 percent. “The aggregate of reservations for eligible policyholder(s) shall not exceed 10 percent of the offer size,” the DRHP stated.
Foreign filing licenses – they’re surprisingly sneaky and easy to overlook, but can come with significant consequences if you do. Many countries, including the United States, require inventors to ...
"The DRHP of LIC IPO has been filed today with the SEBI. For filing valuation about 31.6 crore shares are on offer representing 5 per cent equity," Department of Investment and Public Asset Management ...
Country's largest insurer LIC is likely to file draft papers with Sebi by November for the largest IPO in country's history, a finance ministry official has said. "We target to bring the IPO within ...
In an interview with PTI, Tuhin Kanta Pandey, Secretary to the Department of Investment and Public Asset Management (DIPAM), said approval of the insurance regulator is awaited, post which the draft ...
Govt is expecting to garner over Rs 60,000 crore by selling about 31.6 crore or 5% stake in LIC LIC IPO was originally planned to be launched in March, but Russia-Ukraine crisis derailed the plan The ...
According to the DRHP, the government will offer to sell 316.25 million shares of face value of Rs 10 each out of its total holding of about 6.32 billion shares in the insurer. The offer includes ...
New Delhi, Oct 3 (PTI) Country's largest insurer LIC is likely to file draft papers with Sebi by November for the largest IPO in country's history, a finance ministry official has said. "We target to ...
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