HomeAI · summaries
Storia in 7 fonti
Govt ups LIC offer size, OFS India's biggest
MUMBAI: Govt on Tuesday opted to sell an additional 4% in LIC in the ongoing offer for sale (OFS) for the life insurance major as the issue was subscribed 3.3 times on the opening day. Including the green shoe option that takes the total offer size to 82.2 crore shares, govt is expected to mop up about Rs 31,400 crore from the offer at the base price of Rs 382 per share, making it the largest ever OFS in the Indian market.
Confronto fonti
6 prospettive sulla stessa storiaTimeline cronologica
- ·
economictimes.indiatimes.com
LIC OFS opens tomorrow as govt looks to sell up to 6.5% stake. Check details
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…
- ·
thehindubusinessline.com
Govt to offload 6.54% in LIC, likely to get over ₹31,000 crore
Government to offload 6.54% stake in LIC, expecting over ₹31,000 crore proceeds, marking a record in OFS transactions.
