Experts on lic ipo
WebMar 4, 2024 · As Modi govt revisits LIC IPO timing, experts say best to delay it due to market volatility A group of ministers is likely to meet on 4-5 March to decide whether the govt should go ahead with the IPO, as foreign portfolio investors could be key to its success. Shubham Batra 4 March, 2024 11:00 am IST WebMay 3, 2024 · Through this IPO, the government of India will be liquidating its 3.5 percent stake in the corporation, and aims to mop up about Rs 21,000 crore at the upper end of the price band of Rs 902 – 949...
Experts on lic ipo
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WebMay 2, 2024 · The public sector insurer’s IPO is a complete offer-for-sale where the government is offloading 3.5 percent stake at a price band of Rs 902-949 per share. Up to 10 percent of the issue has been... WebApr 27, 2024 · Gopkumar of Axis Securities said there is a fair degree of interest in the LIC IPO from retail investors. He noted that his brokerage opened about 45,000 accounts for the IPO alone last month. "Of these, 40 per cent of customers are new to the market.
WebMay 7, 2024 · Majority of the market experts say that LIC is a long term play and investors should bid for the issue according to their funds and risk appetite. However, one should … WebFeb 15, 2024 · Advt. Experts believe that the appetite for LIC IPO will be high from new investors as well, given its brand value. However, in the long-term, the end demand will …
WebApr 27, 2024 · “I feel that the IPO will get a good subscription. Given the Rs 40 lakh crore AUM that LIC manages and the scale of the company, the war is a blessing in disguise for the company and the IPO should get good response and investors should invest in the company for the long term.” WebApr 27, 2024 · The LIC IPO may finally hit the primary market on May 4. Experts believe it will get a good response from both retail and institutional investors. Find out if you should …
WebFeb 18, 2024 · LIC in its draft IPO paper says its average three-year Return on Equity (RoE) is 290% compared to SBI Life’s 17%, HDFC Life’s 21% and ICICI Pru Life’s 14.4%. In 2024-21, its EPS was Rs 4.59...
WebLIC IPO opens on Wednesday, May 4 and closes on Monday, May 9. So, should you subscribe to the IPO in the Indian stock market? Here is what experts have to s... i have back pain and nauseaWebMay 4, 2024 · 00:00 / 06:05. LIC IPO opens today, May 4 and closes on Monday, May 9. So, should you subscribe to the IPO in the Indian stock market? Here is what experts … is the jougan stronger than the byakuganWebJun 30, 2024 · In the past few months, government has been taking several key steps to make LIC IPO ready including implementing the legislative changes to LIC Act, giving nine-month tenure extension to... i have back to workWebMay 2, 2024 · NEW DELHI: Most analysts on Dalal Street have a 'subscribe' rating on the forthcoming mega LIC IPO, as asking valuation of 1.1 times EV, at 65 per cent discount to private peers appears undemanding and is adequately factoring in concerns over the largest insurer's recent market share loss and low value of new business (VNB) margin. is the jougan stronger than the sharinganWebJun 7, 2024 · The Initial Public Offering (IPO) of Life Insurance Corporation (LIC) had created a lot of buzz among investors. However, after it was listed, LIC's stock price fell … i have bad back acneWebMay 5, 2024 · Answering the query, market experts said that an investor can apply for both retail and policyholders category, for a limit of Rs 4 lakh (Rs 2 lakh in each category, net of the respective discount). ... (IPO) by Life Insurance Corporation (LIC) will kick off for subscription on Wednesday, May 4, and the issue can be subscribed till Monday, May ... i have bad credit and need a homeWebMay 17, 2024 · LIC IPO may not have a four-digit listing as it is expected to list around ₹910 to ₹920 in bear case whereas in bulls case it may list at around ₹970 to ₹980, say stock … is the journal nature peer reviewed