Search For "life insurance corporation"
LIC shares slump to record low of Rs 782.45; market cap slips below Rs 5 l
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 6 (ANI): Share price of Life Insurance Corporation of India (LIC) slumped to a record low of Rs 782.45 on Monday, which is 17.55 per cent down from its IPO issue price of Rs 949.
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LIC shares dip 2.5 per cent after 17 per cent decline in Q4 profit
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 31 (ANI): The share price of the state-run Life Insurance Corporation (LIC) of India slumped around 2.5 per cent on Tuesday, a day after the company announced 17.41 per cent decline in its net profit for the quarter ended March 2022.
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LIC net profit dips 17 per cent to Rs 2,409 crore in Q4
Updated : 3 years, 9 months ago IST
New Delhi [India], May 30 (ANI): India's largest insurer Life Insurance Corporation (LIC) of India on Monday reported a consolidated net profit of Rs 2,409.39 crore for the quarter ended March 2022, down 17.41 per cent from Rs 2,917.33 crore recorded in the corresponding period of the previo
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Cyril Amarchand Mangaldas advises LIC and the President of India, acting t
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra)/New Delhi [India], May 18 (ANI/NewsVoir): Cyril Amarchand Mangaldas advised the Life Insurance Corporation of India (the "Corporation") and the President of India, acting through the Ministry of Finance, Government of India (the "Selling Shareholder") on its recent initi
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LIC witnesses tepid listing, market cap down by Rs 42,500 crore
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 17 (ANI): The much-awaited stock market listing of Life Insurance Corporation of India has failed to cheer investors as the scrip debuted at around 9 per cent discount at Rs 867.20 apiece at the BSE on Tuesday against its issue price of Rs 949.
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LIC makes stock market debut at 9 per cent discount
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 17 (ANI): Life Insurance Corporation of India on Tuesday made stock market debut at Rs 865 per share, which is around 9 per cent lower than the issue price of Rs 949 a piece.
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LIC to make stock market debut on Tuesday, shares may list below issue pri
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 16 (ANI): Life Insurance Corporation of India will make its stock market debut on Tuesday. Shares are likely to get listed below their issue prices, grey market data indicates.
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LIC shares allotted at Rs 949 apiece; Govt mops up Rs 20,557 crore
Updated : 3 years, 10 months ago IST
New Delhi [India], May 13 (ANI): Life Insurance Corporation (LIC) of India shares have been allotted to the eligible bidders of the initial public offering (IPO) at Rs 949 apiece, the upper end of the IPO price band.
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Supreme Court refuses interim relief in LIC IPO matter, issues notice
Updated : 3 years, 10 months ago IST
New Delhi [India], May 12 (ANI): The Supreme Court on Thursday refused to grant any interim relief in a matter pertaining to the Life Insurance Corporation of India (LIC) initial public offering (IPO) issue and issued notice to the Centre on petitions challenging the constitutional validi
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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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After LIC IPO closes, all eyes on listing day
Updated : 3 years, 10 months ago IST
New Delhi [India], May 9 (ANI): After the initial public offering (IPO) of Life Insurance Corporation of India (LIC) closed on Monday, all eyes are on the listing day.
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LIC IPO subscribed 2.95 times, generates bids worth Rs 43,933 cr
Updated : 3 years, 10 months ago IST
New Delhi [India], May 9 (ANI): The initial public offering (IPO) of Life Insurance Corporation of India (LIC) closed on Monday. The issue was subscribed 2.95 times, generating bids worth Rs 43,933 crore.
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