July 30, 2025 11:04 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Chidambaram gave clean chit to Pakistan: Amit Shah slams Cong leader's 'homegrown terrorists' remark | All 3 Pahalgam terror attackers eliminated in Operation Mahadev: Amit Shah in Parliament | SIR row: 'Remember you work under State, ensure no name removed from voter list,' Mamata tells BLOs | You'll remain sitting there for next 20 years: Amit Shah slams Opposition amid Op Sindoor debate in LS | 'No calls between Modi and Trump from April 22 to June 17': Jaishankar rejects US Prez's ceasefire claim | Operation Mahadev: Three terrorists killed in gunfight in Srinagar's Lidwas | 'We are surprised': Supreme Court puts on hold Calcutta HC order that stayed Bengal govt's OBC list | 'I feel sad to support such a govt': Chirag Paswan slams Bihar administration after woman 'gang-raped' in Bodh Gaya | Bihar woman gang-raped in moving ambulance after she fell unconscious during Home Guard Test | Operation Sindoor still on, preparedness level should be high: CDS Anil Chauhan
LIC IPO
Image: Wikimedia Commons

LIC's Initial Public Offering to open on May 4

| @indiablooms | Apr 29, 2022, at 11:06 pm

Kolkata: State-owned insurance major Life Insurance Corporation of India's Initial Public Offering (IPO) will open on May 4 for subscription.

It will close on May 9.

The insurance major has fixed the price band at Rs. 902 anto Rs. 949.

Investors can bid for a minimum of 15 Equity Shares and in multiples of 15 Equity Shares thereafter.

Siddhartha Mohanty, MD, LIC of India said during a press conference in Kolkata on Friday: "LIC is synonymous with life insurance with life insurance in India."

"We have continued to grow and sustain our market leadership position in the country, ," he said.

He said to provide the best possible facilities to customers, LIC is upgrading itself technologically.

Rohit Chawla, Deputy Director, Ministry of Finance, described the moment of LIC's IPO listing as 'historic'.

"LIC is an undisputed market leader," he said.

(Reporting by Supriyo Hazra)

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm
Close menu