Life Insurance Corporation

The latest LIC stake sale marks another milestone in the government's disinvestment drive. Here's what the data reveals about PSU stake sales, disinvestment receipts and major listings

Life insurers' new business premium rose 20.7% in July, led by strong growth in LIC's group business and steady expansion by private insurers

Life Insurance Corporation of India (LIC) on Thursday posted a 23 per cent increase in net profit to Rs 13,492 crore in the first quarter of the ongoing financial year. The country's biggest insurer had earned a profit of Rs 10,987 crore in the corresponding quarter a year earlier. The total income of the insurer during the reporting quarter improved to Rs 2,37,848 crore from Rs 2,22,864 crore in the same period of the preceding fiscal year, LIC said in a regulatory filing. LIC's income from first-year premium also improved to Rs 9,217 crore in the latest June quarter against Rs 7,525 crore in the same period of the preceding fiscal year. Income from renewal premiums in the reporting period increased to Rs 61,833 crore compared to Rs 59,885 crore a year ago. As regards single premium, the Corporation collected Rs 56,369 crore as compared to Rs 51,923 crore in the first quarter of the previous financial year. Thus, net premium income rose to Rs 1,27,250 crore in the quarter under

Retail investors bid for only 69% of the shares reserved for them, even as institutional interest prompted the government to increase the offer size

Shares tumbled nearly 9% on Tuesday even as bids worth over Rs 36k cr recd; settle at an over two-month low

Institutional investors on Tuesday over-subscribed the government's 6.5 per cent share sale offer in Life Insurance Corporation (LIC) by putting in bids worth Rs 36,400 crore. Four years after the initial public offering (IPO), which had fetched Rs 21,000 crore, the government has launched LIC's offer for sale (OFS) whose size compares with the upcoming mega IPO offerings of the NSE and Reliance Jio Platforms. Through the two-day OFS, the government is selling up to 6.5 per cent stake or over 82.22 crore in the country's largest insurer LIC at a floor price of Rs 382/share. The issue comprises a base offer size of 2.5 per cent, with a green shoe option of 4 per cent. The issue will open for retail investors on Wednesday. Institutional investors put in bids for over 94.45 crore shares, at an indicative price of Rs 383.84/share. The bids are valued at Rs 36,400 crore at the indicative price bid. Shares of LIC slid 7.86 per cent to close at Rs 391 on the BSE. Its market capitalisati

Institutional investors subscribed 66.10 per cent of the shares reserved for them in the LIC Offer-for-Sale (OFS) till noon on Tuesday. The government is offering over 28.46 crore shares in Life Insurance Corporation (LIC) to institutional buyers at a floor price of Rs 382 a piece. Institutional investors put in bids for over 18.81 crore shares, or 66.10 per cent of the shares reserved for them at an indicative price of Rs 382.07/share. Bidding will continue till 3:30 PM. Retail investors would be able to put bids on Wednesday. The government is selling up to 6.5 per cent stake or over 82.22 crore in country's largest insurer LIC at a floor price of Rs 382/share. Shares of LIC slid 7.03 per cent over Monday's close to Rs 394.50 on the BSE in afternoon trade. Its market capitalisation stands at over Rs 4.98 lakh crore. The issue comprises a base offer size of over 31.62 crore or 2.5 per cent of total capital, with a green shoe option of 50.60 crore shares or 4 per cent of the tota

Centre will offer a 2.5% stake with a 4% greenshoe option at a floor price of ₹382 a share, helping LIC meet minimum public shareholding norms ahead of schedule

Life Insurance Corp. of India, Hindustan Zinc Ltd., and several state-controlled banks are among eight companies identified by officials for stake sales in the coming months

Agrawal, who joined LIC in 2022 after stints at Reliance Nippon Life and ICICI Prudential Life, will step down effective July 14

Dividend stocks: CARE Ratings, Supreme Industries, Sona BLW Precision Forgings, and Allied Blenders and Distillers are among the companies that will go ex-dividend next week

Industry premium growth moderated to 5.1 per cent in May as group single premiums normalised and LIC's growth slowed, though private insurers continued to gain market share

Gold refiner shares 400 GB of data with regulator

Life Insurance Corporation of India (LIC) and foreign portfolio investors (FPIs) collectively hold a 25 per cent stake in Rajesh Exports, data shows.

LIC holds 10.8% stake in Rajesh Exports; Market expert Ajit Mishra of Religare Broking expects LIC to consolidate in the near-term, with charts indicating support at ₹385 levels.

The government plans to sell a stake of about 2 per cent in the state-run insurer in late June or early July to institutional investors

LIC share price rose nearly 5% after Q4FY26 results beat estimates. Strong VNB margins and product mix prompted brokerages to raise targets

LIC reported a 23 per cent rise in fourth-quarter profit on higher premium and investment income, while FY26 profit touched a record Rs 57,419 crore

Life Insurance Corporation of India (LIC) on Thursday posted a 23 per cent increase in net profit to Rs 23,420 crore in the March quarter. The country's biggest insurer had earned a profit of Rs 19,013 crore in the corresponding quarter a year earlier. The total income of the insurer during the reporting quarter rose to Rs 2,53,592 crore from Rs 2,22,805 crore in the same period of the preceding fiscal year, LIC said in a regulatory filing. LIC's income from first-year premium also improved to Rs 12,970 crore in the latest January-March quarter against Rs 11,069 crore in the same period of the preceding fiscal year. Income from renewal premiums in the reporting period increased to Rs 81,933 crore compared to Rs 79,138 crore a year ago. During the entire financial year ended March 2026, the insurer earned a profit of Rs 57,419 crore as compared to Rs 48,151 crore in the previous fiscal year, registering a growth of 19 per cent. Total income during the financial year rose to Rs 9,7

Q4FY26 company results: Firms including Max Healthcare, Gail (India), Prestige Estates, Sun TV, Bikaji Foods International, Quick Heal and Icra are also to release their January-March earnings today