Analysts hold differing views on retail investor interest in LIC's offer for sale. The government is divesting a stake to meet minimum public shareholding norms. Some analysts cite attractive valuations and discounted pricing for participation. Others caution about the absence of immediate upside triggers for the insurer. The offer aims to comply with regulatory requirements and potentially reduce the government's stake.

The government will launch LICs offer for sale for non-retail investors on Tuesday and retail investors on Wednesday. It plans to divest up to 6.5% through a base 2.5% offer and…

Government to sell 6.5% stake in LIC at ₹382/share, aiming to raise ₹31,000 crore for disinvestment fund.

MUMBAI/NEW DELHI: The govt is selling up to 6.5% in LIC, currently worth nearly Rs 35,000 crore ($3.7 billion) through the offer for sale (OFS) route that will be launched on…

The Centre has announced an Offer for Sale in Life Insurance Corporation of India. This issue will open for non-retail investors on Tuesday and retail investors on Wednesday. …

LIC shares hit a four-month low, falling 8.9% amid government plans to sell a 6.5% stake at a discount.

Government's stake sale in Life Insurance Corporation (LIC) saw strong participation from institutional investors in the first leg of the Offer-for-Sale (OFS), with nearly…

The government's Life Insurance Corporation share sale has garnered overwhelming attention from institutional investors, with bids amounting to an impressive Rs 36,400 crore…