Page 75 - Latest Updates on IPO
LIC IPO: DRHP unlikely to reveal size of IPO; Board to meet again on Sunday
LIC IPO: After approval from the insurance regulator, the draft will be checked again and placed before the LIC board on Sunday
 "LIC IPO: DRHP unlikely to reveal size of IPO; Board to meet again on Sunday")
Banks to reach out to anchor investors for LIC IPO after Paytm delay
LIC IPO: Bankers, government officials and LIC staff are working around the clock to complete the preparatory work for the IPO and ensure there's enough demand for the mega sale
 "Banks to reach out to anchor investors for LIC IPO after Paytm delay")
LIC IPO on course, to be out in Q4FY22: DIPAM Secy refutes media reports
The LIC IPO is expected to become the biggest one in India
LIC IPO: Finance Minister reviews progress of IPO amid third wave concerns
LIC IPO: The insurer is looking to file DRHP with Sebi this month, in sync with govt's plan to list the company this financial year
 "LIC IPO: Finance Minister reviews progress of IPO amid third wave concerns")
LIC IPO: DRHP, issue date and size, valuation--everything you need to know
The valuation of the mega LIC IPO could be around Rs 15 trillion. Here's all you need to know about LIC IPO
 "LIC IPO: DRHP, issue date and size, valuation--everything you need to know")
Ola eyes NBFC acquisition to expand financial services business
Ola will leverage the acquisitions to provide vehicle financing as well as personal loans, they said
 "Ola eyes NBFC acquisition to expand financial services business")
Vedant Fashions IPO subscribed 21% on Day 2 of the offer
The retail portion of the issue was subscribed 31 per cent, while institutional and wealthy investor portions were subscribed 11 per cent and 9 per cent, respectively
 "Vedant Fashions IPO subscribed 21% on Day 2 of the offer")
LIC 3rd largest globally, but offers highest RoE of 82%, says Crisil report
At 64.1 per cent or with a gross written premium of $56.405 bn, LIC's market share is unparalleled globally, with no other life insurer anywhere else enjoying such a high market share
 "LIC 3rd largest globally, but offers highest RoE of 82%, says Crisil report")
Cogent e-services files draft papers with Sebi to mop-up funds via IPO
Cogent e-services Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO).
 "Cogent e-services files draft papers with Sebi to mop-up funds via IPO")
LIC offers opportunity for policyholders to revive lapsed policies
Policies, which are in a lapsed condition during the premium paying term and not completed policy term, are eligible to be revived in this campaign
Vedant Fashions IPO subscribed 14% on opening day on retail interest
The retail portion of the issue was subscribed 22%, while institutional and HNI were subscribed 6% each
 "Vedant Fashions IPO subscribed 14% on opening day on retail interest")
Manyavar owner Vedant Fashions IPO: Know price, GMP, size, other details
Vedant Fashions will open for subscription on February 4. From IPO price to Vedant Fashions IPO GMP, here's all you need to know
 "Manyavar owner Vedant Fashions IPO: Know price, GMP, size, other details")
SCI, BPCL among CPSEs to be privatised in FY23; 3 IPOs lined up: DIPAM Secy
The 2022-23 Budget has projected a disinvestment target of Rs 65,000 crore for next financial year, which is significantly lower than the estimated Rs 1.75 lakh crore budgeted for 2021-22
 "SCI, BPCL among CPSEs to be privatised in FY23; 3 IPOs lined up: DIPAM Secy")
LIC's embedded value set at over Rs 5 trn: DIPAM Secretary
Investors are eagerly waiting for the government to indicate LIC's embedded value when it releases the IPO draft prospectus, expected in a matter of days
 "LIC's embedded value set at over Rs 5 trn: DIPAM Secretary")
Manyavar owner Vedant Fashion IPO: Brokerages have mixed ratings
Vedant Fashion's IPO will be open for subscription from February 04 to February 08, in the price band of Rs 824 to Rs 866 per share.
Working group monitoring back-end tech readiness for LIC IPO: DIPAM Secy
In a Q&A, Tuhin Kanta Pandey that as crores of applications are expected, testing to that scale is needed to avoid hiccups in the application process and movement of funds
 "Working group monitoring back-end tech readiness for LIC IPO: DIPAM Secy")
Budget 2022: Slashed asset sale target raises questions about LIC IPO
'We should not conjecture on size of LIC IPO as valuation still underway,' says DIPAM Secretary
Adani Wilmar IPO subscribed 17.4 times on heavy HNI, shareholder interest
The firm has set price band at Rs 218-230 per share. At the top-end, the company's market cap works out to nearly Rs 30,000 crore
 "Adani Wilmar IPO subscribed 17.4 times on heavy HNI, shareholder interest")
Top headlines: LIC gets IPO-ready, NBFCs brace for headwinds, and more
Business Standard brings you the top headlines at this hour.
Getting IPO-ready: LIC boosts shareholders' corpus to Rs 6,600 crore
The move is to ensure a much larger shareholder base ahead of IPO
 "Getting IPO-ready: LIC boosts shareholders' corpus to Rs 6,600 crore")