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  • LIC’s IPO woes began long before its listing  Jun 16, 2022 10:25 AM IST

    LIC’s IPO woes began long before its listing 

    The urgency needed for an issue of this size and strategic intent was missing for almost two years and by the time it dawned upon the government that the sale was in serious danger, it was too late

  • Embedded value determination expected to be completed by June end: LIC Chairman MR Kumar Jun 15, 2022 03:33 PM IST

    Embedded value determination expected to be completed by June end: LIC Chairman MR Kumar

    LIC Chairman MR Kumar speaks on the underperformance of the stock, and the various concerns raised by investors and analysts.

  • Moneycontrol Selects: Top stories this evening Jun 13, 2022 07:00 PM IST

    Moneycontrol Selects: Top stories this evening

    Our specially curated package of the most interesting articles of the day will help you stay at the top of your game.

  • At $17 Billion Loss, LIC IPO Among Top Asia Wealth Losers Jun 13, 2022 04:34 PM IST

    At $17 Billion Loss, LIC IPO Among Top Asia Wealth Losers

    The drop puts it just behind South Korea’s LG Energy Solution Ltd., which saw a more than 30% peak-to-trough decline in its share price after an initial spike on debut.

  • LIC IPO may have left a sour taste for first time investors Jun 10, 2022 01:14 PM IST

    LIC IPO may have left a sour taste for first time investors

    LIC shares have fallen 25 percent from the issue price of Rs 949 per share after listing on May 17. The stock has seen an average decline of around 1.3 percent per session in 19 trading sessions. If the anchor investors, a majority of whom are MFs, cut losses, there will be a further slide.

  • Why I gave the LIC IPO a miss May 24, 2022 06:15 AM IST

    Why I gave the LIC IPO a miss

    The promoters, who are privy to all information related to the company, floats an IPO at a time of their choice through the book-building process with the help of one or a team of top-notch lead managers. Everyone responsible for bringing the IPO to the market, has an incentive. That’s why one hardly ever finds an under-priced IPO.

  • Going public and freshly listed: Here's a list of new entrants to Indian capital market this week May 20, 2022 01:09 PM IST

    Going public and freshly listed: Here's a list of new entrants to Indian capital market this week

    Shares of logistics and supply chain startup Delhivery have slid below the IPO price in the grey market ahead of listing on May 24. Here's a list of initial public offerings (IPOs) scheduled to be listing this week.

  • LIC | Will shares catch up with its true valuation? May 18, 2022 08:32 AM IST

    LIC | Will shares catch up with its true valuation?

    LIC share price is likely to drift lower to catch up with its fundamental value. How long does it take will depend upon whether free market operates or some institution(s) keep propping up the price 

  • Moneycontrol Selects: Top stories this evening May 17, 2022 08:23 PM IST

    Moneycontrol Selects: Top stories this evening

    Our specially curated package of the most interesting articles of the day will help you stay at the top of your game

  • LIC listing | Stock settles at Rs 872 on BSE, 8% lower than issue price May 17, 2022 06:23 PM IST

    LIC listing | Stock settles at Rs 872 on BSE, 8% lower than issue price

    At closing, the stock settled at Rs 872.70 on BSE, down 8.04 percent from its previous close while its mcap stood at Rs 5.52 trillion. With this listing, the policyholders and employees also saw their investment turning into negative.

  • LIC stock lists at over 9% discount; what should investors do? May 17, 2022 02:21 PM IST

    LIC stock lists at over 9% discount; what should investors do?

    Life Insurance Corporation of India (LIC) debuted on the stock markets today after a long-awaited IPO that attracted overwhelming investor response and raised around Rs 21,000 crore for the government. What is experts' advise to investors? Watch the video to find out

  • LIC share lists with 9.4% discount, stock debuts on BSE at Rs 867 May 17, 2022 10:02 AM IST

    LIC share lists with 9.4% discount, stock debuts on BSE at Rs 867

    Investors must be aware that the business of insurance is long term in nature and therefore experts recommend investors to stay with the company for the long term

  • Markets with Santo and CJ | Can LIC listing change the market mood? Why are Bharat Forge, Raymond, Airtel in focus? May 17, 2022 08:59 AM IST

    Markets with Santo and CJ | Can LIC listing change the market mood? Why are Bharat Forge, Raymond, Airtel in focus?

    Will LIC's listing change the downbeat mood on Dalal Street? Other stocks on the radar: Bharat Forge, Bharti Airtel, Raymond, Bandhan Bank, India Cements.

  • Macquarie’s Suresh Ganapathy starts coverage on LIC with ‘neutral’ rating May 17, 2022 08:22 AM IST

    Macquarie’s Suresh Ganapathy starts coverage on LIC with ‘neutral’ rating

    LIC is expected to see a muted listed on the bourses after the country's biggest IPO raised Rs 21,000 crore from the public earlier this month

  • LIC listing: How private sector peers fared in their debut May 17, 2022 07:58 AM IST

    LIC listing: How private sector peers fared in their debut

    Listing gains are more a function of broad market sentiment and conditions and not just the share issuing company’s business fundamentals alone

  • LIC listing today | Big PSU IPOs laggards on Indian bourses May 16, 2022 08:15 PM IST

    LIC listing today | Big PSU IPOs laggards on Indian bourses

    India's biggest PSU IPO was Coal India, which listed in November 2010 with an issue price of Rs 245 a share. Currently it trades more than 42 percent lower than its issue price. The firm raised over Rs 15,000 crore via the IPO.

  • IPO-bound startups recalibrate strategy to tackle market volatility May 16, 2022 12:13 PM IST

    IPO-bound startups recalibrate strategy to tackle market volatility

    Geopolitical tensions, soaring inflation and the possibility of further rate hikes by global central banks are weighing on the market participants and compelling the companies to either postpone their plans to go public or reduce the offer size

  • Primary Market Action | Grand LIC listing, 3 IPO launches lined up for this week May 15, 2022 03:03 PM IST

    Primary Market Action | Grand LIC listing, 3 IPO launches lined up for this week

    Prudent Corporate Advisory Services will finalise its IPO share allotment by May 18, while the share allotment with respect to Delhivery, and Venus Pipes & Tubes IPOs will get finalised by May 19.

  • LIC debut today: Faith of millions of small investors put to test May 15, 2022 11:42 AM IST

    LIC debut today: Faith of millions of small investors put to test

    Headquartered in Mumbai, LIC is a household name in India, with 2,000 branches, more than 100,000 employees and 286 million policies. The 65-year-old firm has almost $500 billion in assets, 250 million policy holders and makes up almost two-thirds of the market.

  • LIC IPO | Supreme Court refuses to interfere in the IPO process, rejects interim relief May 12, 2022 12:19 PM IST

    LIC IPO | Supreme Court refuses to interfere in the IPO process, rejects interim relief

    The SC issued notice on petitions challenging passage of Finance Act 2021 as money bill and amendments made to LIC Act accordingly. The court referred the question of money bill to a larger bench.

  • LIC IPO Share allotment today. Here is how to check status online May 12, 2022 06:46 AM IST

    LIC IPO Share allotment today. Here is how to check status online

    LIC IPO Share allotment: The company will credit refunds in the bank accounts of unsuccessful investors by May 13 and equity shares will be credited to the demat accounts of eligible investors by May 16.

  • LIC's grey market premium turns negative May 11, 2022 10:29 AM IST

    LIC's grey market premium turns negative

    From a peak of Rs 95 a share, it has fallen to negative Rs 15 apiece. Lukewarm response from foreign investors is the prime reason. The IPO was subscribed mostly by retail and domestic institutional buyers.

  • FIIs make a last minute dash for the mega LIC IPO May 10, 2022 07:48 AM IST

    FIIs make a last minute dash for the mega LIC IPO

    Overseas investors put in orders for 61% of the shares set aside for institutional buyers in the $2.7 billion initial public offering of Life Insurance Corporation of India, according to data from the exchanges.

  • Banks forgo bumper fees for league rank in LIC IPO May 10, 2022 07:43 AM IST

    Banks forgo bumper fees for league rank in LIC IPO

    The 10 advisers managing the IPO will receive around 10 million rupees ($129,000) each for their role in the offering, a fraction of what they’d typically pocket for a deal of this size.

  • Moneycontrol Selects: Top stories this evening May 09, 2022 10:22 PM IST

    Moneycontrol Selects: Top stories this evening

    Our specially curated package of the most interesting articles of the day will help you stay at the top of your game.

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