• Indian Indices
  • Global Indices
  • Commodities
  • Currency
Sensex
  • Sensex
  • Nifty
{{x.close_price| number:2}} {{x.netchg| number:2}} ({{x.perchg | number:2}}%)
Open - {{x.open | number:2}}
Prev Close - {{x.prevclose|number:2}}
Today's High - {{x.high|number:2}}
Today's Low - {{x.low|number:2}}
Advances/Declines (30 Companies)
  • 1D
  • 1W
  • 1M
  • 1Yr
  • 5Yr
{{x.upd_time}}
FTSE 100
  • FTSE 100
  • DJIA
  • NIKKEI 225
  • HANG SENG
{{x.Date}}
{{x.close| number:2}} {{x.Chg | number:2}} ({{x.PChg | number:2}}%)
Open - {{x.close | number:2}}
Prev Close - {{x.PrevClose|number:2}}
Gold
  • Gold
  • Silver
  • Crude Oil
  • Copper
{{x.Trd_Date}} ( {{x.Time}} )
{{x.ClosePrice| number:2}} {{x.change| number:2}} ({{x.perchange | number:2}}%)
Exchange - MCX
Open - {{x.Open|number:2}}
Exp Date - {{x.Exp_Date}}
Today's High - {{x.High|number:2}}
Prev. Close - {{x.PrevClose|number:2}}
Today's Low - {{x.Low|number:2}}
USDINR
  • USDINR
  • GBPINR
  • EURINR
  • JPYINR
{{x.Lasttrdtime}} ( {{x.Time}} )
{{x.ltp| number:2}} {{x.PriceDiff| number:2}} ({{x.PerChange | number:2}}%)
Exchange - NSE
Open - {{x.Open|number:2}}
Exp Date - {{x.Expirydate}}
Today's High - {{x.High|number:2}}
Prev. Close - {{x.PrevPrice|number:2}}
Today's Low - {{x.Low|number:2}}
As On 08-Dec-2022 15:23 PM
SENSEX
62,578.61
167.93 (0.27%)
NIFTY
18,599.80
39.30 (0.21%)
    No Companies Visited

Back to news list
  • LIC's mega share sale subscribed 67% on first day


    Life Insurance Corporation of India's (LIC's) initial public offering (IPO), which opened for subscription on Wednesday, was subscribed 67%, or 0.67 times, at the end of Day 1, driven by robust interest from its policyholders, employees, and the retail segment. The issue will remain open till May 9.

    The policyholders' segment was subscribed close to two times, the employees' segment 1.17 times, and the retail segment 0.6 times. The non-institutional investors and qualified institutional buyers' segments were subscribed 0.27 times and 0.33 times, respectively, on the first day.

    The offer received bids for 108.6 million shares against the offered 162.7 million shares. The retail category and LIC employees were given a discount of Rs 45, while LIC policyholders were given a discount of Rs 60 per share. The issue has a price band of Rs 902-949.

    Interestingly, LIC's IPO will remain open for subscription even on the weekend, given the large amount the government is looking to raise from the market.

    The insurance behemoth on Monday raised Rs 5,627 crore from anchor investors ahead of its IPO, with 71% of the amount coming from domestic mutual funds (MFs). In total, the state-owned insurance giant allotted nearly 59.3 million shares to 123 investors at Rs 949 apiece, with 42.17 million shares allotted to 15 domestic mutual funds through 99 schemes.

    The government is looking to raise Rs 20,557 crore by diluting a 3.5% stake in the insurer, making it the biggest public offering of the Indian capital market. Initially, the government was looking to dilute 5% in the insurer, but given the volatile market conditions due to geopolitical tensions, it decided to reduce the equity dilution.

    LIC has been valued at 1.1 times its embedded value of Rs 5.39 trillion. Post listing, it could have a market cap of Rs 6 trillion, making it one of the most valuable firms in the country.




    Back to news list
Previous Stories :
More






Insurance News

Quick Links

Market Statistics

Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date.

Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements.

While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance.

The power of the database is harnessed by our fired-up reporters to generate interesting ideas. The reader-friendly presentation of the idea, supplemented by relevant data and information, can be accessed online through Capita Telefolio and Telefolio Gold. These ideas are used by individual investors as well as institutional investors to do further research and stay ahead.

Capital Market Publishers India Pvt. Ltd.

401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071.
91-22-25229720
9769005430
Kindly note www.capitalmarket.com does not send any mobile SMS, whatsapp or twitter messages
giving any kind of stock recommendations.
For Capital Market Magazine queries mail to : subscription@capitalmarket.com
For Capital Market Online Products related queries mail to : financeshop@capitalmarket.com
For any other Capital Market Website related Queries mail to : info@capitalmarket.com
To advertise on Capital Market Websites & Capital Market Fortnightly magazine mail to : advt@capitalmarket.com
Flash News 08-Dec-2022
  •  ( 13:08) Kalyan Jewellers to expand retail footprint by over 30% in CY23  
  •  ( 12:34) Barometers turn range bound; Nifty hovers below 18,600; VIX down 1.91%  
  •  ( 12:09) Dredging Corporation bags reclamation dredging contract from NRL  
  •  ( 11:53) Talbros Automotive bags order worth Rs 60 crore  
  •  ( 11:13) Sun Pharma Gujarat plant gets import alert from USFDA  
  •  ( 11:09) Macrotech Developers launches QIP issue  
  •  ( 10:22) Dharmaj Crop Guard lists at Rs 266 v/s IPO price Rs 237  
  •  ( 10:12) Tvs Motor arm acquires entire stake in German co  
  •  ( 09:54) JSW Steel crude steel production jumps 16% YoY in November  
  •  ( 09:50) Eveready Inds appoints Bibek Agarwala as CFO  
  •  ( 09:39) HCL Tech tie-up with Intel and Mavenir to deliver 5G enterprise solutions  
  •  ( 09:30) Market breadth strong  
  •  ( 09:30) Barometers trade with minor cuts  
  •  ( 08:38) Most Asian stocks trading lower  
Show News
08 December 2022 15:22
3221.30
(-0.17 %)
942.45
(3.03 %)
6578.00
(-0.72 %)
1618.85
(0.74 %)
832.35
(-0.25 %)
4357.00
(-0.12 %)
2665.35
(0.22 %)
1101.15
(-0.38 %)
1617.65
(0.48 %)
2706.90
(-0.02 %)
932.60
(1.14 %)
1191.15
(2.28 %)
1619.70
(0.91 %)
338.20
(-0.54 %)
1898.00
(-0.69 %)
2170.05
(2.19 %)
1274.95
(0.68 %)
8682.85
(0.31 %)
19824.50
(-0.43 %)
170.25
(-0.90 %)
217.85
(-1.51 %)
2648.80
(-0.04 %)
611.25
(0.70 %)
979.30
(-3.73 %)
111.75
(0.45 %)
3346.50
(-1.01 %)
1073.30
(-0.57 %)
2579.35
(-0.65 %)
7176.70
(0.17 %)
403.70
(-0.68 %)
Sensex 5min and Nifty 15min delayed as on .
Show Ticker
Rotate your device

Rotate your device

For the best experience please go back to portrait mode.