Initial Public Offering
-
Supreme Court refuses to stay allotment of LIC shares
The initial public offering of the insurance behemoth closed on May 9. The results of its allotments will be announced today.
Scroll Staff
-
Life Insurance Corporation IPO fully subscribed on day 2 of bidding process
Investors made bids for more than 16.68 lakh shares against the 16.20 lakh that were offered for subscription.
Scroll Staff
-
LIC IPO subscribed 67% on day 1
The subscription quota reserved for policyholders of the insurance behemoth was oversubscribed by 1.90 times.
Scroll Staff
Trending
-
Rajasthan verdict in 30 charts: Poll was closer than results showed, Congress held on to vote share
-
‘Did Ram say kick out the poor?’ The discontent of the displaced in new Ayodhya
-
Why UK’s new immigration curbs will will be crushing for those hoping to reunite their families
-
Listen: The taals used by tabla players to accompany thumri
-
Booker Prize: Rediscovering the first female winner, the often-forgotten Bernice Rubens
-
LIC IPO to open on May 4, price band set at Rs 902-Rs 949 per share
For anchor investors, the initial public offering will open on May 2.
Scroll Staff
-
Set for an IPO, LIC has been losing market share to rivals for years
Except for LIC, all the top four life insurers have registered double-digit growth between 2016 and 2020, according to data and analytics company GlobalData.
Niharika Sharma, qz.com
-
Zomato’s falling stock price should not deter Swiggy from going public
While short-term investors may be spooked, analysts have labelled Zomato’s fall from heights a ‘healthy’ correction.
Ananya Bhattacharya, qz.com
Video
-
‘What is it that we should do?’: Comedian on fitness advice found online that only causes confusion
-
‘Ikigai finally finding purpose’: Comedian Gaurav Kapoor on how books have become home decor
-
Watch: Chennai residents rescued in boats, choppers distribute food supplies, city remains flooded
-
Watch: Robot dog dances to the beats of African drums and marimbas at AI Expo event in South Africa
-
‘I’m jealous’: Actor Salman Khan on West Bengal CM Mamata Banerjee’s house being smaller than his
-
Centre files draft papers for LIC initial public offering with SEBI
The government will sell more than 31 crore shares of the Life Insurance Corporation, and up to 10% of the issue size will be set aside for policyholders.
Scroll Staff
-
Paytm opens Rs 18,300-crore initial public offering for subscription
The firm’s IPO is currently the largest in the Indian capital market.
Scroll Staff
-
Ahead of its IPO, Paytm lists doesn’t want to be seen as a ‘foreign-owned and controlled’ company
This is not the first time its ‘foreign’ holding has been highlighted.
Ananya Bhattacharya, qz.com
The Reel
-
Watch: A full-length ‘Dunki’ trailer is out
-
‘Kabuliwala’ trailer: Mithun Chakraborty stars in latest adaptation of the Rabindranath Tagore story
-
‘Mast Mein Rehne Ka’ trailer: Jackie Shroff, Neena Gupta star in slice-of-life comedy
-
Start the week with a film: Russian literature and Kangra painting meet in ‘Kasba’
-
Vir Das: ‘Humanity without laughter wouldn’t survive very long’
-
With its much-awaited stock launch, Zomato is looking to raise Rs 9,375 crore
Since the start of 2021, the food-delivery giant has been in a funding-raising mode as part of its pre-IPO plans.
Niharika Sharma, qz.com
-
Everything you need to know about Jack Ma’s Ant Group and the biggest IPO of all time
The Chinese digital finance giant’s public offering is expected to eclipse flotations by Saudi Aramco ($29.4 billion) and Alibaba ($25 billion).
Michael Wade, The Conversation & Elizabeth Teracino, The Conversation
-
IndiGo shares soar on stock market debut
Shares for the company that runs the airline surged by as much as 12% on the Bombay Stock Exchange after listing.
Scroll Staff
The Field
-
ICC Men’s T20I Player Rankings: Indian spinner Ravi Bishnoi becomes No 1 bowler
-
Pro Kabaddi League: Sonu Jaglan leads Gujarat Giants to victory over U Mumba
-
FIH Hockey Women’s Junior World Cup: India beat New Zealand via penalty shoot-out
-
England tour of India: Harmanpreet Kaur and Co look to start long home season on winning note
-
FIH Hockey Men’s Junior World Cup: Hundal hat-trick spurs India to win over South Korea