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LIC India
LIC Q2 profit dips by 50% to Rs 7,925 crore
The country's biggest insurer had a net profit of Rs 15,952 crore in the year-ago period, LIC said in a regulatory filing.
10 November 2023, 14:30 IST
LIC Q2 profit dips by 50% to Rs 7,925 crore
10 November 2023, 14:30 IST
LIC IPO subscribed 1.79 times on Day 5
Bids were received for 0.67 per cent of the shares earmarked for the segment, showing a poor response
08 May 2022, 15:26 IST
LIC IPO subscribed 1.79 times on Day 5
08 May 2022, 15:26 IST
How LIC's IPO was nearly derailed by market churn
The 66-year-old insurance behemoth is expected to list on Indian stock exchanges on May 17 amid volatile market conditions, having missed last year's IPO frenzy
04 May 2022, 10:20 IST
How LIC's IPO was nearly derailed by market churn
04 May 2022, 10:20 IST
LIC IPO sees 'excellent' response from anchor investors
Of the over 22.13 crore LIC shares on offer, over 9.88 crore shares are reserved for qualified institutional buyers and over 2.96 crore shares for non-institutional buyers
02 May 2022, 14:19 IST
LIC IPO sees 'excellent' response from anchor investors
02 May 2022, 14:19 IST
Govt may cut LIC IPO size by 40% amid Ukraine war woes
The stake sale now could be a little over 5% on muted demand from investors
22 April 2022, 09:29 IST
Govt may cut LIC IPO size by 40% amid Ukraine war woes
22 April 2022, 09:29 IST
LIC to become bigger threat to private players: Report
The report notes that LIC's margin has already gone by up 700 bps to 9.9 per cent after the government amended LIC's surplus/profit distribution rules
20 February 2022, 11:39 IST
LIC to become bigger threat to private players: Report
20 February 2022, 11:39 IST
LIC's looming IPO weighs on insurer shares: Investors
The government filed draft papers on Sunday with India's market regulator to sell 5% of the company's shares
17 February 2022, 09:15 IST
LIC's looming IPO weighs on insurer shares: Investors
17 February 2022, 09:15 IST
LIC's paid-up capital stands at Rs 6,324 crore
Bhagwat Karad, MoS (Finance), said LIC had paid a dividend of Rs 2,610.75 crore in 2019-20 to the Government of India
08 February 2022, 14:06 IST
LIC's paid-up capital stands at Rs 6,324 crore
08 February 2022, 14:06 IST
'Not legal': Social activists oppose LIC IPO
The grouping drew attention to the stark difference in the average premium of a policy sold by LIC as compared to other private players in the space
27 January 2022, 17:16 IST
'Not legal': Social activists oppose LIC IPO
27 January 2022, 17:16 IST
Centre likely to open LIC IPO issue by mid-March
The listing of LIC is set to be India's biggest-ever IPO, with the government aiming to raise up to Rs 90,000 crore
13 January 2022, 12:34 IST
Centre likely to open LIC IPO issue by mid-March
13 January 2022, 12:34 IST
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