LIC: All dressed up for its IPO party As LIC files its DRHP, a look at all that has gone into getting this 65-year-old insurance giant ready for its public issue ...

Government-owned insurer Life Insurance Corporation of India (LIC) has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its mega initial public ...

The country's largest insurer LIC is likely to file draft papers with Sebi by November for the largest IPO in the country's history, a finance ministry official has said. "We target to bring the IPO ...

Bankers will start reaching out to potential anchor investors in the initial public offering of Life Insurance Corp. of India next week, as they seek to ensure there’s enough demand for what’s set to ...

LIC officials have indicated that the life insurer is expected to file its draft prospectus with Sebi by the third week of January The IPO size is expected to be worth about Rs 1 lakh crore which will ...

Life Insurance Corporation of India (LIC), the Country’s largest life insurer with a market share of 64.1% in terms of premiums, has filed its draft red herring prospectus (DRHP) for an initial public ...

According to the DRHP, the government will offer to sell 316.25 million shares of face value of Rs 10 each out of its total holding of about 6.32 billion shares in the insurer. The offer includes ...

Earlier, in March, tax authorities slapped a demand notice of about Rs 178 crore on LIC for short payment of Goods and Services Tax (GST) for two financial years. Life Insurance Corporation (LIC) of ...