Web11. feb 2024. · LIC IPO: The Life Insurance Corporation (LIC) IPO (Initial Public Offer) will come after in 2024 but if we go by the Zee Business exclusive report, the Narendra Modi Government has targeted to open 1 crore new Demat Accounts by this LIC IPO launch date.If the Modi Government manages to achieve its target it will have a huge positive … Web05. maj 2024. · The insurance company has set its price band of the share sale at ₹902 to ₹949 apiece. LIC's policyholders will get the shares at a discount of ₹60 per share, while …
LIC IPO: What investors can expect from India
Web26. feb 2024. · This comes ahead of its proposed initial public offer (IPO), which is expected to be the largest in the Indian capital markets so far. “The change in FDI policy is sufficient to facilitate foreign investment in LIC up to 20 per cent,” said a government official noting that an amendment to the LIC Act, 1956, was not required. Web14. feb 2024. · Updated Feb 14, 2024, 10:32 AM IST. LIC IPO: Risks attached to the biggest public issue. The much-awaited initial public offer (IPO) of Life Insurance Corporation of India (LIC) was formally set ... rob mills bathroom
Web20. avg 2024. · As per the news source, it is estimated that the 10% stake sale of LIC would generate a whopping amount of Rs 1 Crore to 1.5 Crore. To launch the LIC IPO, the government has already started working towards strategic disinvestment in major companies such as Air India and BPCL. The price band of LIC IPO is estimated at Rs 400-600 … Web28. apr 2024. · The government has set the price band for the initial public offering (IPO) of Life Insurance Corporation of India ( LIC) at Rs 902-949 a share. It is offering a discount of Rs 60 to the policyholders. Retail investors and the employees of LIC, on the other hand, may get a discount of Rs 45 on subscribing to the shares. Web13. feb 2024. · IDBI Bank became a subsidiary of LIC with effect from January 21, 2024, following LIC's acquisition of an additional 827,590,885 equity shares in the lender. ... rob miller whittle