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LIC has been India’s largest life insurer by a margin. Some of the numerical achievements are mind boggling. It still has about 74 share of new business premium and 70 share of new policies sold. Its AUM is more than the combined AUM of all li

Even as the Life Insurance Corporation of India has readied itself for the largest IPO in India history by filing the DRHP with SEBI, it has other more problems to contend with. Incidentally, the LIC has been battling the government on several courts

In the midst of the market sell-off, the one segment that has been the worst hit are the recently listed IPO. Just a few months back, if you were to tabulate the returns of IPOs in 2021, it would have been a sea of green. Today, it is a sea of red wi

If you go through the draft red herring prospectus (DRHP) filed for the LIC IPO, you will find a separate section showing the embedded value calculation for LIC. The embedded is also called the actuarial valuation and is the basis for valuing any ins

Its flagship brand- Royal Enfield continued strong momentum. Eicher Motors Ltd has been trending on Dalal Street today for its strong Q3 results. The company had announced its quarterly results on 14 February after market hours. As the tradi

Glance, a leading AI-driven lock-screen platform, announced on February 14 that it will raise US$ 200 million from Jio Platforms Ltd. Glance, a subsidiary of InMobi had previously raised US$ 145million from Google and its existing Silicon Valley b

RHI Magnesita had a strong Q3 show where revenue grew 40, and Net profit grew 73. This mid-size market leader for special refractories in India, RHI Magnesita has rallied more than 16 in the last 5-days. This action is due to anticipation of a

Apollo Hospitals Enterprise Ltd, the country’s biggest healthcare service provider, reported robust numbers for the third quarter ended December 31, with high double-digit growth in both revenue and profit. Apollo Hospitals said its consolidated

One of India’s iconic new age start-ups, OYO, is likely to cut its IPO size and also the valuation that it was seeking from the markets. OYO has already filed the draft red herring prospectus with SEBI and the final approval is awaited. However, th

In one of the most recent filings for an IPO, TVS Supply Chain Solutions has filed its draft red herring prospectus (DRHP) with SEBI to raise Rs.5,000 crore via the IPO route. The SEBI approval process typically takes about 2 to 3 months so the appro

LIC is likely to file its draft red herring prospectus in the current week itself; either on 10th February or 11th February at the very latest. That would put LIC on target to complete its IPO by the second week of March and list the company by the l

Highest call option open interest contract was added at a strike price of 17500 for expiry on February 10. The Indian equity market lost for the third day in a row now. It is down by almost 3 from the budget session. Most of the fall in Nifty 50