Bogus applications swamped LIC IPO
Over 12 lakh ‘not banked’ applications show either the brokers knowingly uploaded bogus applications on the exchanges’ systems or 12 lakh, who applied for LIC IPO, lost interest in it subsequently.
lic news
May 2022
April 2022
LIC share makes weak debut; lists at 9% discount
LIC shares opened at ₹867.20 on the BSE, down 8.6% from the upper end of the IPO price band of ₹902 to ₹949 per share.
LIC IPO: Grey market premium falls 90% ahead of lisiting
LIC shares were selling at a premium of just ₹10 in the unregulated grey market amid weakness in the equity market, in line with global peers.
LIC IPO to come before May 12 deadline; 5% stake on offer
LIC has time till May 12 to float the LIC IPO, following which SEBI's approval to issue a public offer will cease.
