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Govt has time till May 12 for LIC IPO without seeking fresh Sebi approval

Govt has time till May 12 for LIC IPO without seeking fresh Sebi approval

by AIP Online Bureau | Mar 13, 2022 | Indian News, Life, Policy, Wealth Management/ Philanthropy

The official further said that although the market volatility has reduced in the last fortnight , it would wait for the market to stabilise further so that retail investors get confidence to invest in the stock. LIC has reserved up to 35 per cent of its total IPO size...
Govt to file final papers for LIC IPO with Sebi soon, says official

Govt to file final papers for LIC IPO with Sebi soon, says official

by AIP Online Bureau | Mar 11, 2022 | Indian News, Life, Wealth Management/ Philanthropy

The government is presently in the wait-and-watch mode because of the market volatility induced by the Russia-Ukraine war and will decide on the timing of the initial public offering (IPO) of Life Insurance Corporation New Delhi: The government is planning to soon...
Several privatisation transactions in an advanced stage: DIPAM Secretary

Several privatisation transactions in an advanced stage: DIPAM Secretary

by AIP Online Bureau | Mar 10, 2022 | Eco/Invest/Demography, Indian News, Policy

Regarding the mega-IPO of LIC, Pandey said the DRHP has been filed already. ”We are watching the market conditions due to the Russia-Ukraine conflict. Hopefully, the IPO will be brought to the market soon and it will be a great opportunity for the Indian capital...
Govt has time till May 12 for LIC IPO without seeking fresh Sebi approval

LIC gets market regulator nod for IPO

by AIP Online Bureau | Mar 9, 2022 | Indian News, Life, Policy, Wealth Management/ Philanthropy

However, bankers advising LIC had pushed the government to defer the launch of the stock offering. IPO approvals are valid for a period of 12 months from the date of final observation by the Securities and Exchange Board of India. Mumbai: India’s market...
Several privatisation transactions in an advanced stage: DIPAM Secretary

LIC IPO: Govt to take call in best interest of investors, DIPAM Secy

by AIP Online Bureau | Mar 5, 2022 | Indian News, Life, Policy, Wealth Management/ Philanthropy

DIPAM Secretary Tuhin Kanta Pandey said that while the government’s desire is to come out with the Initial Public Offer (IPO) of the state-owned life insurer in the current fiscal, it is a ”dynamic situation’. New Delhi: The government will take a...
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