India LIC IPO

LIC net profits surges by 39.4% in full-year 2021

This is despite a fall of 18% in profits in the fourth quarter.

LIC net profits surges by 39.4% in full-year 2021

This is despite a fall of 18% in profits in the fourth quarter.

LIC closes IPO with nearly three-fold oversubscription

The IPO of a 3.5% stake is now India’s biggest.

India’s LIC IPO subscribed 67% on first day

The $2.7b IPO is India’s biggest public issue.

India slashes LIC IPO to 3.5%

The IPO was initially set at 5%.

India central bank hints on possible delay of $8b LIC IPO

Several current events may have factored in on the delay.

LIC prospective investors wary of govt’ meddling in the insurer

The insurer was frequently tapped to save struggling financial firms.

LIC embedded value soars to $72b in just six months

The jump in value was attributed to splitting of policyholders funds.

India state-run LIC files $8b IPO papers

India’s biggest life insurer plans to sell 5% of its shares.

Lack of ‘political will’ won’t delay LIC IPO: Nirmala Sitharaman

India’s finance minister said they plan to finish the IPO by March.

India to block Chinese investors from LIC’s $109b IPO: report

The IPO is considered to be the biggest one yet for India.