Page 16 - Lic Ipo

Govt aims to privatise 5-6 PSUs in FY22, LIC IPO expected by Q4: DIPAM Secy

Tuhin Kanta Pandey said the government is aiming to close the privatisation of BEML and Shipping Corp of India in FY22

'LIC IPO expected to hit market by Q4FY22,' says DIPAM Secretary

The government will invite financial bids for privatising as many as many as six CPSEs, including BPCL, BEML and Shipping Corp, by January, a top government official said on Wednesday. Tuhin Kanta Pandey, Secretary in the Department of Investment and Public Asset Management (DIPAM), also invited private players to bid for the CPSEs, which are up for privatisation, along with transfer of management control. After 19 years, we will see 5-6 privatisation this year. BPCL is in the due diligence stage. BEML, Shipping Corp, Pawan Hans, Central Electronics, NINL financial bids can take place in December-January so that we can close it by this year itself, Pandey said. Speaking at the CII Global Economic Policy Summit 2021, the secretary said the initial public offering of Life Insurance Corporation (LIC) is expected in the January-March quarter of this fiscal. On LIC IPO, we are working very hard. For the capital market, it will be a very big event in the first quarter of 2022, Pandey ...

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

LIC provisions up, NPAs down ahead of listing: FY21 annual report

LIC's revenue or total income growth in FY21 was the best in five years

LIC IPO unlikely to take place this fiscal due to delay in valuation

The government is unlikely to come up with LIC IPO in the current financial year ending March 2022, as the valuation of the state-owned behemoth is taking more than anticipated time

LCI IPO: Valuation delay, likely to push IPO plan beyond FY22

LIC IPO: There are still some issues that need to be addressed with regard to the valuation of LIC, a senior official said

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

IPO IPO: LIC boasts Rs 37-trillion AUM before overseas investors

LIC IPO: Profit after tax (PAT) went up 6.9 per cent to Rs 2,906.77 crore in FY21, its annual report showed.

LIC IPO: LIC to take glide path for surplus transfer from next year

LIC IPO: The government plans to list LIC, which is held to be the country's largest listing, in the last quarter this financial year

Centre likely to miss divestment target again as BPCL remains unsold

The Centre expects to mop up nearly Rs 1 trillion from LIC's IPO

Govt to review, simplify FDI policy to facilitate LIC IPO: DPIIT secy

LIC IPO: Currently, FDI of 74% is permitted in most Indian insurers. However, the rules don't apply to LIC as it is a special entity created by an act of parliament

LIC IPO: FM Nirmala Sitharaman reviews progress on planned mega LIC IPO

LIC IPO: The initial public offering (IPO) of Life Insurance Corporation (LIC) is expected to hit the markets by March

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

Will soon approach Cabinet on revised FDI policy to aid LIC IPO: DPIIT Secy

LIC IPO: DPIIT will soon try to approach the Union Cabinet to seek its approval on changes in the FDI policy to facilitate disinvestment of LIC, a top government official said

LIC IPO: Govt seeks Rs 15-trn valuation for LIC IPO: Report

LIC IPO: If investors agree with those calculations proposed by the government, LIC would join the league of India's biggest companies like RIL and TCS

LIC IPO: Govt expects to open IPO issue by mid-March: Report

LIC IPO: The listing of LIC is set to be India's biggest ever IPO, with the government aiming to raise up to Rs 90,000 cr

LIC IPO: Actuary pegs insurer's embedded value at Rs 4-5 trillion

LIC IPO: Market valuation of listed life insurance peers is 3-4x their EV, but govt pushing for Rs 15 trn

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