LIC IPO: Pradhan Mantri Jeevan Jyoti Bima Yojana subscribers eligible for IPO discount? Know truth
LIC has clarified that subscribers of Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) are not eligible for receiving a discount on the initial public offer (IPO) share.
Feb 23, 2022, 22:16 PM IST
LIC IPO has a lot of buzz in the market, will happen soon, says FM Sitharaman
Sitharaman stated that rising crude prices are a challenge mentioned in the conference on financial stability, and that we will keep an eye on it.
Feb 22, 2022, 17:43 PM IST
LIC IPO: Pradhan Mantri Jeevan Jyoti Bima Yojana subscribers eligible for IPO discount
Launched in 2015, PMJJBY offers a renewable one year life cover of Rs 2 lakh to all savings bank account holders in the age group of 18-50 years, covering death due to any reason, for a premium of Rs 330 per annum per subscriber.
Feb 22, 2022, 13:28 PM IST
Profits of insurers, manufacturing firms cannot be compared, says LIC chief
LIC's share capital was raised from Rs 100 crore to Rs 6,325 crore during September last year to help facilitate the IPO.
Feb 21, 2022, 21:25 PM IST
Biz mix tweak will have LIC becoming bigger threat to pvt players: Report
This is based on the assumption of a full transition to new surplus distribution from 100 per cent for non-participating policies now and 10 per cent for participating policies.
Feb 20, 2022, 23:27 PM IST
LIC IPO: Last few days left to link PAN with policy, check why it’s important and how to do
LIC IPO is expected to kick off on March 11, 2022.
Feb 20, 2022, 14:47 PM IST
LIC’s $8 billion IPO could launch on March 11: All you need to know
The LIC IPO will open for bidding by other investors a couple of days later after it opens for anchor investors on March 11.
Feb 19, 2022, 15:51 PM IST
LIC IPO: Check direct link for PAN-LIC linking, mandatory for IPO subscription
Life Insurance Corporation (LIC) of India has made it mandatory for policy holders to link PAN Card with LIC if they wish to subscribe to the LIC's upcoming IPO.
Feb 17, 2022, 15:00 PM IST
LIC IPO opening on THIS day? 10 important things to know
There are currently 24 life insurance companies in India, with LIC being the sole public player.
Feb 17, 2022, 10:41 AM IST
LIC leads over SBI`s deposits, garners lion`s share of household savings flow: Report
Media reports suggest the government is looking to tap into LIC`s large customer base (280m policies, about one per family in India) to generate buying interest in the IPO.
Feb 16, 2022, 16:57 PM IST
Online process to link PAN Card with LIC, check deadline and other details ahead of LIC IPO
LIC in the draft red herring prospectus has set a deadline for policyholders to link their PAN CARD with LIC. Policyholders can do so before February 28, 2022.
Feb 16, 2022, 13:04 PM IST
Can't invest in LIC IPO if PAN-LIC not linked --Check last date to link PAN with LIC
LIC in the draft red herring prospectus has set a deadline for policyholders to link their PAN CARD with LIC.
Feb 15, 2022, 14:31 PM IST
LIC IPO update: Can lapsed policy holders apply for the IPO? Know here
The LIC IPO would be the biggest IPO in the history of Indian stock market and once listed LIC's market valuation would be comparable to top companies like RIL and TCS.
Feb 15, 2022, 13:45 PM IST
LIC files draft papers for upcoming IPO: Here are the key takeaways
The Centre aims to offload a total of 316 million equity shares to investors through the public offering of the 6.32 billion outstanding shares, the document showed.
Feb 15, 2022, 11:17 AM IST
LIC yet to comply with certain IRDAI investment norms of pension, group, life annuity funds
Further the loss to be transferred to the Shareholders Account on account of its 'Other Investments' may grow higher than Rs 5,365.83 crore in the future.
Feb 14, 2022, 11:38 AM IST
LIC IPO DRHP filed with SEBI today: Here’s all you need to know
The government plans to sell 316,249,885 equity shares with a face value of Rs 10 each in a public offering that will take place before the end of the current fiscal year in March.
Feb 13, 2022, 19:46 PM IST
Draft LIC IPO prospectus to be filed by next week, issue in March: DIPAM Secy
Up to 10 per cent of the LIC IPO issue size would be reserved for policyholders.
Feb 02, 2022, 18:48 PM IST
LIC IPO: Insurance firm to list on bourses by March 31, says DIPAM Secretary
LIC IPO is crucial for meeting the disinvestment target set for the current fiscal ending March 2022.
Jan 27, 2022, 22:35 PM IST
IPO-bound LIC posts Rs 1,437 crore net profit during April-September
Its new business premium growth rate stood at 554.1 per cent in H1FY22, compared with 394.76 per cent during the corresponding period of the preceding financial year, LIC said on Tuesday.
Jan 26, 2022, 10:37 AM IST
LIC could launch India's biggest IPO issue by mid-March: Report
LIC could publish key details of its mammoth initial public offering (IPO) this month and begin issuing public shares by mid-March.
Jan 13, 2022, 17:35 PM IST
