WebApr 25, 2024 · The Life Insurance Corporation's (LIC) IPO is likely to open on May 4, 2024 and close on May 9, 2024, sources said. Anchor book for the LIC IPO is likely to open on May 2, 2024, sources added. The LIC IPO size is at Rs 21000 crore and the market cap will be at Rs 6 lakh crore, sources said. WebMar 8, 2024 · The IPO is offer for sale (OFS) by the Government of India and there is no fresh issue of shares by LIC. The government holds a 100 percent stake or over 632.49 crore shares in LIC. The face value of shares is Rs 10 apiece. The LIC public issue would be the biggest IPO in the history of the Indian stock market.
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WebFeb 14, 2024 · 2. DRHP of LIC IPO filed with Securities and Exchange Board of India (SEBI) on 13 February 2024. Draft Red Herring Prospectus (DRHP) of Life Insurance Corporation of India (LIC) initial public offering (IPO) has been filed with SEBI on 13 February 2024. Indian Embedded Value (IEV) is a measure of future cash flows in life … WebFeb 13, 2024 · Life Insurance Corporation of India (LIC) filed its preliminary papers for its initial public offering (IPO) with the Securities and Exchange Board of India (SEBI) on … t shirt design kits
LIC IPO FAQs: Which policyholders can apply for shares and other ...
WebMay 4, 2024 · LIC IPO opens on May 4, 2024, and closes on May 9, 2024. LIC IPO Lot Size The LIC IPO lot size is 15 shares. LIC IPO Promoter Holding The President of India, … WebFeb 13, 2024 · Life Insurance Corporation (LIC) on February 13 filed its draft red herring prospectus (DRHP) with market regulator SEBI to float an initial public offer (IPO). Under the mega IPO, the government will sell five percent in the insurance major for an estimated Rs 63,000 crore through an offer for sale (OFS). The proposed IPO is likely to hit the ... WebFeb 14, 2024 · The much-awaited initial public offer (IPO) of Life Insurance Corporation of India (LIC) was formally set in motion on Sunday with the government filing the draft red … philosophicohistorical