LIC and Adani Wilmar to debut as large-cap shares in AMFI reshuffle

Two of the 5 newly-listed corporations this yr are set to make their debut within the large-cap section within the half-yearly reclassification of shares by the Affiliation of Mutual Funds in India (AMFI) based mostly on market cap. Life Insurance coverage Company and Adani Wilmar will enter as large-caps, whereas Delhivery, Vedanta Vogue and Motherson … Read more

LIC IPO Valuation USD 150 Billion Debt Value Dimension Launched

LIC IPO Valuation: The valuation of India’s most dear firm Reliance Industries Restricted has been pegged at round USD 220 billion, stated the report. (file photograph) New DelhiState-owned Life Insurance coverage Company (LIC) has been valued at a staggering USD 150 billion forward of its preliminary public providing (IPO), in response to a report in … Read more

LIC Shares Plunge Burns Traders In India’s Acquainted Large-Ticket IPO Failure

The sharp fall within the share value of Life Insurance coverage Company of India (LIC) only a month after it began buying and selling has taken buyers and analysts unexpectedly. The corporate launched India’s largest ever public providing earlier this yr, elevating practically $2.7 billion after promoting its 3.5 per cent stake within the government-controlled … Read more

LIC IPO quickly, suggests govt’s new International Alternate Act notification: 5 factors

5 main achievements of LIC IPO up to now To permit giant international portfolio traders (FPIs) to subscribe to shares within the public itemizing of insurance coverage big, Life Insurance coverage Company (LIC), the federal government has amended the International Alternate Administration Act (FEMA) rules. This is your 5-point information to the delayed-LIC IPO story … Read more

Sturdy efficiency of LIC earlier than IPO

New Delhi : Life Insurance coverage Company of India’s (LIC) first yr premium assortment, a key metric, up 7.9% 1.98 trillion for the yr ended March 31, information reviewed by Mint confirmed, boosting the state-run insurer’s prospects as the federal government will get able to courageous uneven markets to take the corporate public . India’s … Read more