Web2 days ago · About 39% or Rs 20,557 crore of the amount garnered through IPOs was by LIC, without which the IPO fundraising would have been just Rs 31,559 crore. Despite being the largest IPO ever, LIC’s ... WebMar 10, 2024 · Updated Mar 10, 2024, 11:11 PM IST. The initial public offer (IPO) of the giant Life Insurance Corporation (LIC) is likely to be at Rs 400-600 per share assuming Rs 25,000 crore as paid-up capital ...
LIC IPO: How much discount policyholders can expect on price band
Web2 days ago · LIC shares surge 9% as profit soars 11-fold in Q2 to Rs 15,952 crore. 4 min read Last Updated : Nov 13 2024 8:46 PM IST. WebMay 7, 2024 · LIC’s IPO is at a Price-to-Embedded value (PEmV) of 1.1, compared to the other listed insurance rivals with a PEmV of 2.5 to 4. The PEmV incorporates the value … omaha steak butchers variety pack
LIC IPO Date: Fresh DRHP Filed, GMP, Price Band, New Issue Size ...
WebMar 14, 2024 · The government holds 100 per cent stake or over 632.49 crore shares in LIC. The face value of shares is Rs 10 apiece. BIGGEST IPO EVER 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. WebMay 4, 2024 · LIC IPO Open Highlights: LIC’s public offer, the country’s biggest-ever ... The floor price is 90.2 times the face value of the share and the cap price is 94.9 times the face value of the share, LIC said. Click here to read. 09:33 (IST) … WebDec 19, 2024 · LIC IPO price. The expected price band of the LIC's public offering could be anywhere between Rs 400 to Rs 500. According to PTI, "The authorised share capital of LIC shall be Rs 25,000 crore divided into 2,500 crore shares of Rs 10 each, as per the amended legislation. Up to 10 per cent of the LIC IPO issue size would be reserved for ... is ap better than ib