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LIC crashes 5.85 per cent; down 30 per cent from IPO issue price
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 13 (ANI): The share price of Life Insurance Corporation of India (LIC) crashed by around 6 per cent on Monday as the end of the lock-in period for anchor investors intensified selling.
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LIC shares hit new record low of Rs 723.70; one-fourth of market-cap wiped
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 9 (ANI): Share price of Life Insurance Corporation of India (LIC) slumped to a new record low of Rs 723.70 on Thursday, which is nearly 25 per cent down from its IPO issue price of Rs 949.
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Grey market indicates LIC shares may list below its issue price
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 11 (ANI): Grey market premium of Life Insurance Corporation (LIC) shares turned negative on Wednesday indicating that the company may list on the stock exchanges below its issue price.
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LIC IPO 3rd Day: Total subscription at 1.38 times; policyholders' portion
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 6 (ANI): The initial public offering (IPO) of Life Insurance Corporation of India (LIC) has been subscribed 1.38 times till the closing of the third day of bidding on Friday.
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LIC IPO subscribed 1.03 times on second day of bidding
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 5 (ANI): The initial public offering (IPO) of Life Insurance Corporation of India (LIC) has been subscribed 1.03 times till the second day of bidding on Thursday.
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LIC IPO is credit positive for India's life insurance sector: Moody's
Updated : 3 years, 10 months ago IST
New Delhi [India], May 5 (ANI): Examining the impact of India's state-owned Life Insurance Corporation's IPO Moody's Investors Service on Thursday said that the public issue is credit positive for India's life insurance sector.
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LIC IPO is a good opportunity for retail investors: Experts
Updated : 3 years, 10 months ago IST
New Delhi [India], May 4 (ANI): The initial public offering (IPO) of Life Insurance Corporation of India hit the market on Wednesday and will remain open for bidding till 9th May 2022. Stock market experts are bullish on the IPO and the grey market is also giving positive signals.
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