Initial Public Offering
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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
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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
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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
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Beyond the hype: Why the BJP is eyeing Tamil Nadu’s most prosperous region
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The Tamil Nadu voter who views the BJP as a threat to the education system
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Is apple cider vinegar as good for health as it sounds?
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Husna Bai: The tawaif who made Hindustani music a respectable profession for women artists
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Paris Olympics 2024: With 100 days left for the Games, here’s how Indian contingent is shaping up
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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
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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
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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
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Watch: Unbelievable scenes of flooding in Dubai airport, streets, and malls after heavy rain in UAE
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Indian elections: How secure is the EVM-VVPAT process?
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Watch: Footballers of Indian clubs walk out on the pitch with dogs to get them adopted
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Watch: Dogs wag their tails to ‘conduct’ classical music orchestra
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Watch: Glimpses of Indian singer Sid Sriram’s debut performance at Coachella 2024
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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
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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
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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
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‘Dil Dosti Dilemma’ trailer: A teenager bonds with her grandparents during a summer vacation
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‘Silence 2: The Night Owl Bar Shootout’ review: A bland cop meets a dull case
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‘Juna Furniture’ trailer: Mahesh Manjrekar directs and stars in film about ageing
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Start the week with a film: In ‘Tokyo Sonata’, the unequal music of an emotionally distant family
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Watch: The trailer of Dibakar Banerjee’s ‘Love Sex Aur Dhokha 2’ is out
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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
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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
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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
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IPL 2024: Delhi Capitals bowlers shine as they defeat Gujarat Titans in low-scorer
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Table tennis, ITTF World Cup: Manika Batra, Sreeja Akula exit tournament in group stage
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Paris Olympics 2024: With 100 days left for the Games, here’s how Indian contingent is shaping up
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IPL 2024: Jos Buttler’s ton helps Rajasthan eclipse Sunil Narine’s efforts for Kolkata
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Chess, Candidates 2024: R Vaishali breaks losing streak; Praggnanandhaa, Vidit play out a draw