WebApr 11, 2024 · A possible IPO price range for LIC might be between Rs 1500/- and Rs 3200/-. LIC IPO issue price can range between Rs 2000/- and Rs 2100/-. After the IPO is released, the share lot size will be announced. The face value of each share in the LIC IPO is Rs 10. The minimum investment amount for the LIC IPO 2024 is also released after … WebMay 2, 2024 · The valuation of LIC has been reduced from ₹12 lakh crore to ₹6 lakh crore, while the IPO size has been cut from ₹60,000 crore to ₹21,000 crore due to adverse market conditions. The valuation based on the IPO price is roughly 1.12 times the embedded value of ₹5.4 lakh crore.
LIC IPO Share Price: LIC shares to start trading on Tuesday. Will ...
WebMay 4, 2024 · The price band of LIC IPO is fixed at Rs 902-949 per share and the company is offering a discount of Rs 60 per share for its policyholders and Rs 45 apiece for retail investors and LIC employees. Follow LIC IPO Day 3 Live Updates The LIC issue was subscribed 1.03 times, NSE data at 7.00 pm showed. WebApr 27, 2024 · LIC valuation has been set at 1.1 times its embedded value of Rs 5.4 lakh crore arrived at by Milliman Advisors. The LIC IPO, which was previously scheduled for March 2024, got postponed due to... rothwells nelson
LIC shares may list at a discount, indicates grey market
WebMay 6, 2024 · Shares in the Indian state-run insurance giant Life Insurance Corporation (LIC) went on sale this week in a $2.75bn (£2.18bn) initial public offering, witnessing strong demand from investors. WebMay 16, 2024 · New Delhi: The much-awaited listing of Life Insurance Corporation of India (LIC) is expected to take place on Tuesday, May 17 with experts believing that the insurance behemoth might have a... WebMay 11, 2024 · LIC was the largest ever IPO in the domestic primary market as the government sold 22.13 crore shares or 3.5 per cent stake in the company, valuing it at … straight razor chrome png