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Temasek, LIC, Canadian pension fund in line-up to sell stakes in India’s NSE IPO

Temasek, LIC, Canadian pension fund in line-up to sell stakes in India’s NSE IPO

by AIP Online Bureau | Apr 28, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Wealth Management/ Philanthropy

Major state-owned insurers with significant stakes in the NSE as of March 2025 include Life Insurance Corporation of India (LIC) with 10.72%, and public sector general insurers like GIC, New India Assurance, National Insurance, and Oriental Insurance, each holding...
FinMin amends public float rules for IPO-bound cos

FinMin amends public float rules for IPO-bound cos

by AIP Online Bureau | Mar 15, 2026 | Indian News, Policy, Regulation, Wealth Management/ Philanthropy

The Securities Contracts (Regulation) Amendment Rules, 2026, notified on March 13, states that companies with post-issue capital of more than Rs 1,600 crore and below Rs 5,000 crore will have to increase their public shareholding to at least 25 per cent within three...
InsuranceDekho weighs an IPO for raising as much as $250 million

InsuranceDekho weighs an IPO for raising as much as $250 million

by AIP Online Bureau | Feb 13, 2026 | Eco/Invest/Demography, Indian News, Technology, Wealth Management/ Philanthropy

The IPO is likely to include a mix of new share issuance and secondary sales by existing investors, and could take place later this year, they said. Girnar Insurance Brokers Pvt., which operates insurance tech startup InsuranceDekho, is weighing an initial public...
Narayana Murthy backed general insurer Acko plans $350 million IPO

Narayana Murthy backed general insurer Acko plans $350 million IPO

by AIP Online Bureau | Jan 13, 2026 | Indian News, Non-Life, Technology, Wealth Management/ Philanthropy

The IPO, which may include a mix of primary shares and secondary sales by existing investors, is likely to be launched in the second half of the year, sources said Mumbai: Narayana Murthy and Amazon backed digital general insurer Acko Technology & Services Pvt....
Turtlemint Fintech eyes Rs 2,000cr IPO; to file updated draft papers with Sebi in next 2-weeks

Turtlemint Fintech eyes Rs 2,000cr IPO; to file updated draft papers with Sebi in next 2-weeks

by AIP Online Bureau | Jan 6, 2026 | Indian News, Intermediaries, Regulation, Wealth Management/ Philanthropy

Following Sebi’s approval, the company will file its updated draft red herring prospectus (UDRHP) in the next two weeks, which will be open for public comments for 21 days. After this, the firm is required to file UDRHP-II incorporating public comments and then...
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