#lic listing

All Eyes on LIC IPO Listing tomorrow, will it cheer the new shareholders? what does the market observers say? read the news #LICIPO #LICIPOListing #LICListing #NewIPOListing #Stockmarket #SensexNews

LIC IPO Listing, is the most awaiting listing on stock market this week. After overwhelming response to the mega IPO of Life Insurance Corporation (LIC) , the investors are eagerly awaiting the listing performance. Life Insurance Corporation of India (LIC) will list on the stock exchanges tomorrow, following the initial public offer (IPO) which was oversubscribed nearly three times the issue…

Small-town retail investors to prop up demand for LIC IPO

NEW DELHI: Small-town retail investors with an emotional attachment to India’s oldest insurer and its long-loyal policyholders will likely prop up demand for the country’s largest-ever initial public offering, even as jittery markets forced the deal size to be slashed by more than half. State-run Life Insurance Corporation of India is taking orders from retail investors between May 4 through May…

Life Insurance Corporation of India (LIC) is launching the biggest initial public offering (IPO) in the history of the Indian capital market at about Rs 21,000 crore. The share sale, which opens on May 4, will make the insurer the fifth-largest listed company in the country with a market capitalisation of Rs 6.02 trillion, assuming the upper price band of Rs 949 a share. LIC has fixed the price band at Rs 902-949 per share for the IPO.

LIC will also become the fourth most valuable insurer globally — after Ping An Insurance of China, AIA Group, and China Life — and the fifth largest in terms of gross written premium.