Gold price is hovering at Rs 79,350 per 10 grams in spot markets at...
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FIIs remain net investors in India this year amid robust economy, resilient market
“An important characteristic about FII investment is that they have...
India to see record-breaking IPO fundraising in 2025 exceeding Rs 2 lakh crore
Of the 91 issues, six have delivered returns exceeding 100 per cent...
FPI selling extends to 8th straight month, pulls out over Rs 6k-cr in May
FPIs remained net sellers for seven months to March 2022, withdrawing a massive net amount of Rs 1.65 lakh crore from equities The ongoing geopolitical environment following Russia's invasion of Ukraine also weighed on FPIs buying sentiment New Delhi: Continuing its...
LIC IPO’s retail portion fully subscribed on day 3; offer closes on Monday
Retail individual investors bid for 8.53 crore shares as against 6.9 crore shares set aside for this segment -- translating into oversubscription of 1.23 times Of the total, the policyholders' portion was subscribed a little over four times, while that for employees...
LIC IPO fully subscribed on day 2; offer closes on May 9
Retail individual investors picked up nearly 93 per cent of the 6.9 crore shares set aside for this segment Of the total, the policyholders' portion was subscribed a little over three times, while that for employees was subscribed 2.21 times Mumbai: LIC's public...
LIC IPO: Policyholders’ portion oversubscribed; overall subscription at 67 pc on day 1
Retail Individual Investor category picked up nearly 60 per cent of the 6.9 crore shares set aside for this segment However, demand from qualified institutional buyers (QIBs) and non-institutional investors was muted. The non-institutional investors' portion was...
LIC owns 4% of all listed stocks in India, more govt bonds than the RBI
With Rs 6 lakh cr market cap on a PAT of Rs 3,000 crore makes a PE ratio of 200x. In our view PE ratio is not comparable with private players as LIC's distribution policy is now changed and higher allocation towards shareholders account in upcoming future to rise and...
LIC’s Rs 21k IPO sees strong demand from anchor investors
Norwegian wealth fund Norges Bank Investment Management and Singapore sovereign wealth fund GIC have subscribed to the anchor book, the source said Alongside other global funds, domestic mutual fund houses such as HDFC mutual fund, SBI, ICICI and Kotak have also come...
FPIs outflow continues for 7th straight month; withdraw Rs 17,144 cr from equities in Apr
This makes foreign investors net sellers to the tune of Rs 17,144 crore in April, much lower than a net withdrawal of Rs 41,123 crore in March, data with depositories showed New Delhi: FPIs outflow continues for 7th straight month; withdraw Rs 17,144 cr from equities...
LIC IPO gets larger bids from anchor investors
Singapore’s GIC Pte and Norway’s sovereign wealth fund are among the anchor investors Mumbai: Life Insurance of Corporation of India’s initial public offering gets bids from large investors for twice the size of the anchor book, according to people with the knowledge...
Sales of Mumbai house priced above Rs 10 cr double to Rs 20,255 cr: Report
"During the lockdowns, HNIs and ultra HNIs got the much-needed break to analyse and strengthen their real estate portfolio," Abhishek Kiran Gupta, CEO and co-founder, CRE Matrix Sales of luxury housing units priced over Rs 10 crore in Mumbai jumped more than two-fold...
LIC IPO price attractive; lot of growth potential: Chairman Kumar
More than the embedded value one should look at the value for new business (VNB) going forward, and it should reach 12-13 in the future, LIC Chairman MR Kumar said VNB margin is what investors would be looking at and it is 9 for LIC at present, he said. New Delhi: LIC...