WebFeb 13, 2024 · The life insurer’s IPO will see the government sell 5 percent stake, or 316 million shares, in the insurance behemoth to the public. That said, LIC is not an easy … WebApr 13, 2024 · LIC IPO: State-run Life Insurance Corporation of India (LIC) is expected to file its updated Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), Zee Business' Anurag Shah report. The filing will come once the Government gives its go-ahead on two key issues - one related to the quantum of the …
LIC IPO: DHRP filed with SEBI, govt to offload 5% stake
WebApr 17, 2024 · The notification has inserted a paragraph in the existing policy, allowing up to 20 per cent FDI in LIC through the automatic route. Since the foreign inflows' ceiling for public sector banks is 20 per cent under government approval route as per the present FDI policy, it has been decided to allow foreign investment of up to 20 per cent in LIC and … WebFeb 16, 2024 · Securities and Exchange Board of India is made for protect the interests of investors in securities and to promote the development of, and to regulate the securities … earthworm egg case
SEBI Zomato Limited - DRHP
WebFeb 11, 2024 · However, the LIC board, which met on the day has cleared the DHRP, paving way for it to present the papers to market regulator Sebi. While all these processes go on, policyholders, who have been getting priority from the PSU ahead of the LIC IPO , must do a couple of work to participate in the share sale. WebLIC of India has filed the Draft Red Herring Prospectus (DHRP) for its much awaited IPO on 13 th February 2024. According to the DRHP, the government is aiming to sell 316 million equity shares to investors … WebApr 13, 2024 · 13 April 2024. 6 min read. On late Sunday evening (February 13, 2024), the state-owned life insurance giant, LIC filed the Draft Red Herring Prospectus (DRHP) … ct scan in adhd