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initial public offering

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Latest from initial public offering

How LIC's IPO, India's biggest, ended in a downbeat debut

  • Having missed out on last year's IPO frenzy, shares in India's biggest insurer opened at 872 rupees apiece, compared to their issue price of 949 rupees. They touched a session high of 918.95 rupees.
Shares in Life Insurance Corp of India (LIC) dropped 7.8% on their market debut on Tuesday, May 17, 2022.(HT File)
Shares in Life Insurance Corp of India (LIC) dropped 7.8% on their market debut on Tuesday, May 17, 2022.(HT File)
Published on May 17, 2022 11:58 PM IST
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Reuters |

LIC Market Debut: List of Biggest IPOs that made waves

Indian fintech giant Paytm listed on the market with an issue size of 18,300 crore in November but it turned into a big disappointment due to, what analysts said, overpriced listing. Here is a list of some of the biggest IPOs in India and in the world.
IPO stands for Initial Public Offering and it is when the promoters of the company in question for the first time want to raise additional funds by offering shares of the company.
IPO stands for Initial Public Offering and it is when the promoters of the company in question for the first time want to raise additional funds by offering shares of the company.
Published on May 17, 2022 02:56 PM IST
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By | Written by Ishika Yadav

LIC IPO to be listed on stock markets tomorrow. Check share price, other details

LIC is the biggest IPO offering in the country, and had closed with nearly 3 times subscription, mostly by retail and institutional buyers. The foreign investor participation was muted.
LIC will list its shares on the stock exchanges on Tuesday(HT File)
LIC will list its shares on the stock exchanges on Tuesday(HT File)
Published on May 16, 2022 07:36 PM IST
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By | Edited by Aryan Prakash

LIC IPO share allotment status announced: Know how and where to check online

  • Earlier, Department of Investment and Public Asset Management (DIPAM) secretary Tuhin Kanta Pandey had said that the allotment of the IPO share will be done on May 12.
LIC IPO share allotment status today. (BLOOMBERG.)
LIC IPO share allotment status today. (BLOOMBERG.)
Updated on May 13, 2022 01:49 PM IST
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Written by Manjiri Sachin Chitre | Edited by Chandrashekar Srinivasan

LIC IPO: Why foreign investors shunned India's biggest share sale

While the anchor portion of the IPO drew in sovereign funds from Norway and Singapore, most of the shares went to domestic mutual funds.
State-owned insurance giant, LIC, closes its Initial Public Offering. (BLOOMBERG.)
State-owned insurance giant, LIC, closes its Initial Public Offering. (BLOOMBERG.)
Published on May 09, 2022 11:07 PM IST
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Bloomberg |
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Friday, May 20, 2022