By now you all will know that LIC IPO Market will be available from 4th May to 9th May, and will be listed on 17th May. But the breaking news is that first, the Government of India has diluted its 5% stake to Rs. 60,000-Rs. 65,000 crore, the government is diluting just a 3.5% stake …
The embedded price of LIC for September-21 was INR 5.4trn (US$72bn) which is up from Rs. 956 billion in March-22 because it is now allocating 100% profit of non-par products to shareholders. The September-21 EV of the top 3 listed players was in the range of INR290bn-. 350 Billion Partners like HDFC Life, SBI Life, …
LIC’s IPO finally arrived, on May 4. The price band as per RHP is Rs. 902 to Rs. 949, and 35% is reserved for retail investors in this initial public offering. If you are a LIC policyholder then a 10% quota is there for you and some percentage is reserved for you even if you …
The war between Russia and Ukraine has created a strange highly volatile environment and because of this, high volatility is being seen everywhere today be its global markets, inflation, then international oil prices! There is nothing special about the Indian market, but the market is constantly downtrend. In fact, many sectors are in ‘declining mode’ …