Delhivery IPO allotment today: Check direct links, latest GMP and more
May 19, 2022 11:16 ISTDelhivery IPO allotment/subscription status will be available on the BSE website and the official registrar's website Link Intime Private Limited.
Delhivery IPO allotment/subscription status will be available on the BSE website and the official registrar's website Link Intime Private Limited.
The shares of insurance sector giant Life Insurance Corporation of India (LIC) debuted on the stock exchanges on a weak note on Tuesday. This led to the bombardment of hilarious memes and jokes on the social media platforms. Take a look!
The Initial Public Offering (IPO) of Life Insurance Corporation (LIC) closed on May 9 and shares were allocated to bidders on May 12. The government sold over 22.
FHRAI cautioned that Oyo's IPO will allegedly wipe out public wealth while enriching its founders and key management.
The LIC IPO which opened on May 4 for retail and other investors is set to be allotted on May 12.
LIC Allotment Status: LIC IPO Those who have bid for LIC IPO can check their allotment status at BSE website or at the official website of its registrar KFin Technologies Limited. LIC IPO GMP has turned negative.
Delhivery IPO comprises fresh issuance of equity shares worth Rs 4,000 crore and an Offer for Sale (OFS) component of Rs 1,235 crore by existing shareholders.
LIC IPO: Against 16,20,78,067 shares on offer, 47,83,25,760 bids were received by the insurance giant.
Against 16,20,78,067 shares on offer, 29,08,27,860 bids were received, according to the data posted on stock exchanges at 7 pm. However, the Qualified Institutional Buyer (QIB) category is yet to be fully subscribed.
Subscription for non-institutional investors' segment stood at 76 per cent, while that for QIBs' portion was lower at 56 per cent.
LIC IPO: Overall, the country's biggest-ever IPO is more than fully subscribed as it has received 17,98,42,980 bids, as against 16,20,78,067 shares on sale.
Against 16,20,78,067 shares on offer, 16,25,35,125 bids were received, making the public issue fully subscribed, as per data on stock exchanges as of 6.24 pm.
RBI's sudden rate hike coinciding with the first day of LIC IPO subscription baffled marketers. Confused as to what is happening Twitterverse churned funny memes and jokes. Check out the best ones here.
The government aims to generate about Rs 21,000 crore by selling 3.5 per cent stake in the insurance behemoth. LIC's initial public offering (IPO), open for retail and institutional investors, is set to close on May 9. The issue period also includes bidding on Saturday, May 7.
LIC IPO Price, LIC GMP Today: LIC IPO will remain open for subscription till May 9. In the grey market, LIC shares are trading at a premium of roughly 9 per cent.
LIC has fixed the price band at Rs 902-949 per equity share for the issue. The offer includes a reservation for eligible employees and policyholders.
Congress general secretary and chief spokesperson Randeep Surjewala asked why did the government reduce LIC valuation from Rs 12-14 lakh crore in February to Rs 6 lakh crore in just two months.
LICO IPO: The LIC share sale would be the biggest ever amount raised through an initial public offering in the Indian stock market.
The government had in February planned to sell s 5 percent stake or 31.6 crore shares of the insurance behemoth and had filed draft papers with Sebi.
The issue size is expected to be worth Rs 21,000 crore, valuing the country's largest insurer at Rs 6 lakh crore.
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