Today the share price of Dr Reddy’s Laboratories Ltd rose by 1.92% to Rs 4419 as LIC increased its stake in the company. LIC (Life Insurance Corporation of India) has purchased 3,386,486 shares in Dr Reddy’s Laboratories Limited through open market purchase at an average price of Rs 4289.29, the company said on Monday, October … Read more
The share price of India’s biggest IPO company LIC has fallen by 12.05% in the last week. Today LIC’s share is trading at Rs 709.70 while an IPO of Rs 949 is at a discount of around 25% to the issue price. On Wednesday 8 June 2022, LIC informed the exchange that LIC has purchased … Read more
LIC IPO India’s biggest IPO (Initial public offering) so far is coming at around 21000 crores. LIC was the only insurance company in India from the year 1956 to the year 2000. LIC’s DRHP (Draft Red Herring Prospectus) was filed with SEBI (Securities and Exchange Board of India) in February 2022 but the final IPO … Read more
In Budget 2021, Finance Minister Nirmala Sitharaman said that LIC’s IPO will come in the financial year 2021-22. The issue date of India’s biggest IPO (Initial public offering) LIC has been released. LIC’s IPO will be open on Wednesday 4th May 2022 and will close on Monday 9th May 2022. Earlier, India’s biggest IPO was … Read more
India’s largest insurance company LIC has filed DRHP (Draft Red Herring Prospectus) with SEBI for its IPO. This IPO is going to be the biggest IPO in the history of the Indian stock market and probably LIC will also be listed in the market by March. According to the DRHP (Draft Red Herring Prospectus) filed … Read more