IPOs - Angel One

Following the filing of draft papers with market regulator SEBI, LIC has started its roadshows to attract investors across the globe. The aim here is to get the attention of big-ticket investors seeking their participation in India’s leading public issue to date. As per the officials of the Banking and Finances Ministry, the following fund …

Though the pricing of LIC’s IPO (initial public offering) is yet to be decided, the market expects its size to be between Rs. 53,500 crores and Rs. 93,625 crores. The span between the two ends (about Rs. 40,000 crores) is nearly 1/3rd of the amount raised in 2021 ─ that was the primary market’s best …

February 28, 2022, has been marked as a cutoff date by the Life Insurance Corporation of India (LIC) for its policyholders to update their details in the policy records. Only the policyholders who update the details within the stipulated period will be eligible to participate in its upcoming public issue. The insurance firm on February …

LIC, the country’s largest life insurance company, has sought an exemption from the regulator Securities and Exchange Board of India (SEBI) for its upcoming public offering. Any company that plans on floating an IPO has to deposit an amount equal to 1% of the issue size. The security deposit, which is used to counter fraud, …

Securities and Exchange Board of India (SEBI) has approved several Initial Public Offerings (IPOs) as per an update on Monday. These companies, namely Capital Small Finance Bank, Jesons Industries and Uma Exports, received the market regulator’s observation letters on 7-8 February 2022. These companies had filed their draft red herring prospectus (DRHP) with SEBI between …

LIC (Life Insurance Corporation of India) has filed its DRHP or Draft Red Herring Prospectus with SEBI, giving way to the largest IPO of India. Don’t you think LIC has the potential of becoming the most prized company after its public listing ─ overturning Reliance Industries Ltd? Well, keep scrolling to get the details! Get …

Following the conclusion of its Rs 3,149-crore offer-for-sale share sale last week, Vedant Fashions, which owns the ethnic apparel brand Manyavar, is being listed on the NSE on Wednesday. The company’s market worth is estimated to be over Rs 21,000 crore at the high end of the IPO price range of Rs 866 per share. …

Due to the big LIC initial public offering, the RBI is considering using the new liquidity adjustment framework to manage liquidity in the system. Banks may witness a rise in deposits from prospective subscribers in the coming weeks, followed by Rs 65,000-70,000 crore in cash leaving the system. Some foreign movements from outside will add …

The government has started the process of preparing for the initial public offering of Life Insurance Corporation of India (LIC), in which they are expecting to divest up to 5% of the stake. The first step in preparing an insurance company’s divestment is determining its embedded value. This is the sum of the present value …

A Brief Overview For the uninitiated, the Life Insurance Corporation of India (LIC) serves as the country’s largest statutory insurance and investment corporation whose ownership falls under the Government of India. Over the past few years, there have been murmurs of the corporation going public, however, the certainty of this endeavor was made apparent in …