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This was something most people were anticipating. It is just that nobody wanted to come out and publicly say that the LIC IPO would be postponed. Finally, no less than the finance minister herself has admitted that the government may have to do a ret

In a move that was long on the cards, the government has officially decided to allow foreign investment up to the limit of 20 in LIC and other similar body corporates with a similar ownership structure. This was approved by the Union Cabinet under t

This is hardly the market when too many companies would announce their IPOs. However, the IPO filings are still going strong on the hope that things should get back to normal in the next couple of months. The latest to enter the fray is Bluestone Jew

Domestic equity benchmarks Sensex and Nifty suffered deep losses amid a broad-based sell-off after Russian President Vladimir Putin announced a military operation in Ukraine. Geopolitical tensions kept investors on edge today and globally as

There has been a subtle shift in the food delivery business in India. For a long time, Zomato was the pioneer in the online food delivery business and Swiggy was behind Zomato. A lot has changed in the last 6 months. If you look at the last fund rais

Even as the situation in Ukraine remained tense and the world markets almost fell vertically, the spate of IPOs on the anvil continues to build up In its latest round of observations (SEBI term for IPO approval), SEBI has given the green signal for t

When the government of India announced that it would do a strategic sale of IDBI Bank, the idea was that both the government of India and LIC will exit the combined 94.7 stake that they held in IDBI Bank. However, not there seems to be a change of h

Amidst the excitement of the LIC IPO and the slew of other IPOs on the anvil, one more company has filed its draft red herring prospectus (DRHP) with SEBI for its proposed IPO. Archean Chemical Industries Ltd has sought approval from SEBI to raise fu

One of the most recent companies to file its draft red herring prospectus (DRHP) with SEBI for its proposed IPO is Bikaji Foods International. This is already a very popular brand in India for ready to eat (RTE) snacks and ethnic savouries. It is one

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