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The Latest Breaking News from IPO

Staff members in all eight divisions of LIC protest

‘Govt. is desperate to sell shares of LIC to mop up resources for meeting fiscal deficit’

LIC employees stage protest in Dharwad opposing IPO

LIC employees stage protest in Dharwad opposing IPO

They say that the Government has undervalued it several times that would cause irreparable damage

LIC employees protest IPO

LIC employees protest IPO

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ASBA-designated bank branches to remain open on Sunday for LIC IPO: Reserve Bank

MUMBAI: Reserve Bank of India (RBI) has said that all ASBA-designated bank branches will remain open for public on Sunday to facilitate processing of applications for LIC's initial public offering.

The Times of India

LIC IPO: Policyholders' portion oversubscribed; overall subscription at 0.66% on day 1

NEW DELHI: LIC's public offer, the country's biggest-ever IPO, saw the policyholders' portion being oversubscribed on the first day itself on Wednesday, though overall subscription stood at just 0.66 per cent.

The Times of India

LIC IPO: Policyholders' portion oversubscribed; overall subscription at 66% on day 1

NEW DELHI: LIC's public offer, the country's biggest-ever IPO, saw the policyholders' portion being oversubscribed on the first day itself on Wednesday, though overall subscription stood at just 66 per cent.

The Times of India

Morning Brief: Top Financial Stories Dominating on Wednesday, May 4

Reuters HSBC Kick Starts Its $1B Planned Share Buyback

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India's Biggest IPO Enjoys Analyst Confidence Thanks To Attractive Valuation, Retail Investor Discount

India's Biggest IPO Enjoys Analyst Confidence Thanks To Attractive Valuation, Retail Investor Discount

India's largest IPO has started taking orders from individuals and other categories after attracting anchor investors, Bloomberg reports. Retail investors can place their orders for shares of India's state-controlled Life Insurance Corporation until May 9. Also Read: India's Largest IPO Raises $736M Ahead of Listing, Attracts Foreign Investment Retail investors will be allocated 35%…

DiDi Faces Double Whammy Of US, China Investigations

DiDi Faces Double Whammy Of US, China Investigations

The U.S. SEC is probing DiDi Global Inc's (NYSE:DIDI) botched U.S. IPO, the Financial Times reports. DiDi's annual report disclosed that "the SEC contacted us and made inquiries in relation to the offering." DiDi President Jean Liu also made her posts on the Chinese social media platform Weibo Corporation (NASDAQ:WB) invisible to her 10 million…

India's state insurance company to list in biggest IPO

India's state insurance company to list in biggest IPO

India is selling shares in its largest state-owned insurer in its biggest initial public offering ever

The Independent UK

Jim Cramer Says Airbnb 'Best Of Crop' From 'Wild Times' IPOs

Jim Cramer Says Airbnb 'Best Of Crop' From 'Wild Times' IPOs

TV host Jim Cramer said Monday on Twitter that Airbnb Inc (NASDAQ: ABNB) “might be the best of that crop of companies that came public during those wild times.”

LIC IPO opens for retail investors today: All you need to know

LIC IPO opens for retail investors today: All you need to know

NEW DELHI: At Rs 20,557 crore, the Life Insurance Corporation's (LIC) initial public offering (IPO), which opens for the retail investors today, is certainly the biggest till date in India.

The Times of India

LIC reaches its policyholders via SMS on IPO eve

LIC reaches its policyholders via SMS on IPO eve

NEW DELHI: Ahead of its initial public offering (IPO), insurance behemoth LIC on Tuesday approached its policyholders through SMS and other medium to inform them about the share sale.

The Times of India

Congress questions undervaluation and timing of LIC IPO

Congress questions undervaluation and timing of LIC IPO

Valuation reduced from ₹12 lakh crore-₹14 lakh crore in February to ₹6 lakh crore, party says

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India's Largest IPO Raises $736M Ahead of Listing, Attracts Foreign Investment

India’s largest-ever public offering has attracted anchor investors, including Norway’s sovereign wealth fund and the Singaporean government, raising ₹56.3 billion ($736 million) ahead of its initial public offering, Bloomberg reports. The 123 anchor investors joining Life Insurance Corp of India’s IPO committed to purchasing shares at ₹949 per share, the top end of…

48 Stocks Moving In Friday's Mid-Day Session

Gainers Belite Bio Inc. ADR (NASDAQ: BLTE) shares surged 144.8% to $14.69. Belite Bio priced its 6 million ADS IPO at $6 per ADS.

Mass Layoffs at 'China's Instagram': Tough Times or Primping for IPO?

Key takeaways: Xiaohongshu’s recent major layoffs could reflect a tough advertising market, even as it framed the move as normal workforce turnover Others reportedly laying off large numbers of workers include top livestream gaming platforms Huya and DouYu, whose planned merger was nixed by regulators last year

The Times of India

LIC IPO price attractive; lot of growth potential: Chairman MR Kumar

NEW DELHI: LIC IPO pricing is very attractive and investors can look forward to returns in the years to come as the company has potential for growth, LIC chairman MR Kumar said on Friday.

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Arm Removes Significant Obstacle Hindering IPO Aspirations: FT

Softbank Group Corp (OTC:SFTBY) (OTC:SFTBF) owned Arm is on the verge of regaining control of its defector China joint venture, the Financial Times reports. The development will remove a significant obstacle to SoftBank’s IPO ambitions for the U.K. chip designer. Arm holds a 47.3% stake in Arm China, while Chinese investment firm…

The Times of India

India's biggest-ever LIC IPO: 5 FAQs answered

NEW DELHI: The much-awaited initial public offering (IPO) of Life Insurance Corporation (LIC) of India is all set to open in the first week of May.

SCG Chemicals seeking up to $3bn in largest Thai IPO

SCG Chemicals Pcl, a unit of Siam Cement Pcl, is seeking to raise as much as US$3 billion in what could be Thailand's largest ever initial public offering (IPO), according to people familiar with the matter.

Tenon Medical, Inc Stock Up 2.04% Since IPO

Tenon Medical, Inc (NASDAQ:TNON) opened up its shares for public trading for the first time since it filed for IPO in November 2021. The company agreed to initially offer 3.20 million shares to the public at a $5.00 per share.

Ostin Technology Group Co., Ltd. Stock Up 292.67% Since IPO

Ostin Technology Group Co., Ltd. (NASDAQ:OST) opened up its shares for public trading for the first time since it filed for IPO in March 2021. The company agreed to initially offer 3.38 million shares to the public at a $4.00 per share.

The Times of India

6.48 crore policyholders keen to buy LIC IPO, says official

BENGALURU: Ever since the Life Insurance Corporation (LIC) announced launching the initial public offering (IPO), 6.48 crore LIC policyholders have shown interest to get the much-touted share of the largest insurance company in the country, an official said.

Opposition parties flay Centre for LIC IPO

Scaling down of valuation of share was done under pressure from international investors out to make a quick buck, says CPI(M)

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