LIC had last month reduced its IPO size to 3.5 per cent from 5 per cent decided earlier due to the prevailing choppy market conditions
The IPO was open from 4 May to 9 May for the subscription. While the allotments are expected to be done today, shares will likely be credited to Demat accounts on 16 May
All sectors ended lower, with media, oil and gas, PSU bank, realty and auto being the biggest losers
The 30-share BSE benchmark was trading 477.05 points higher at 57,296.44 points while the NSE Nifty jumped 151.1 points to 17,189.50 points
HDFC Bank declares 1550% dividend for shareholders; suffers biggest hit as BSE’s most-valued firms lose Rs 2.21 lakh cr
The bank's net profit during the corresponding period of the previous fiscal stood at Rs 8,186.51 crore
Hariom Pipe Industries makes strong market debut, premium rises almost 44%: Should you buy, sell or hold?
On its market debut, the IPO of the company had a market capitalisation of Rs 545 crore.
According to the updated schedule given on the TCS website, the deadline of settlement of bids on the Stock Exchanges is 1 April.
Sensex and Nifty incurred losses of 0.72 per cent and 0.79 per cent respectively to settle the day at 17,617.15 and 59,037.18 on Friday
If the plan goes through, then the government will become the biggest shareholder in the company which is reeling under a debt burden of about Rs 1.95 lakh crore.
At 11: 45 am, Sensex was down by 1.34 percent to 59,414.73 while Nifty slumped 1.30 percent to 17,692.40
MedPlus Health makes strong debut at exchanges, lists at over 30% premium over IPO price; check details here
With its public issue, the company aimed to raise Rs 1,398.30 crore for funding the working capital requirements of its subsidiary Optival
The money gained from the fresh proceeds is expected to be used for the repayment of debt availed by RateGain Technologies’ subsidiary company RateGain UK
The second-largest producer of polymer-based mill liners, Tega Industries' Rs 619-crore public issue was subscribed 219.04 times from 1 to 3 December
Medplus Health will use the proceeds of the fresh issue for the working capital requirements of its subsidiary company Optival, as well as for general corporate purposes
Star Health and Allied Insurance shares list on stock exchanges; rally after initial loss of over 6 percent
The stocks later rallied around to be priced at Rs 900.35, rising by 6.07 percent from its opening price on the BSE.
The company will use the net proceeds (from fresh issue) for rolling out over 100 exclusive brand outlets and meeting working capital requirements
After initial losses, BSE Sensex rose by 0.41 percent or 233.25 points to 57,340.40, while NSE Nifty 50 opened at 17,055.80 and rose by 0.08 percent, gaining 12.90 points to 17,039.35
The domestic market indices BSE Sensex and NSE Nifty were in freefall on the morning of Friday, 26 November
The Rs 1,013.6 crore Initial Public Offering IPO of the company was subscribed 135 times.
The share prices of Paytm fell by 27.25 percent. While the issue price was Rs 2,150, it fell to Rs 1,564 by the time the markets closed.